What this agreement covers.
Proposed โ comprehensive goods, services, investment
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Proposed โ comprehensive goods, services, investment
Both parties โ suspended since 2023
Aggregate trade volume among parties: USD 9.5B
| Risk | Assessment | Mitigation |
|---|---|---|
| Negotiations officially suspended October 2023 due to diplomatic tensions | High โ no preferential access timeline | Trade on WTO MFN terms until negotiations resume; monitor DGFT/Global Affairs Canada |
| Diplomatic tensions (Nijjar case) affecting all bilateral engagement | High โ sensitive political context | Pursue commercial relationships through bilateral chambers; avoid government-linked contracts |
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Negotiations active
Market access benefits pending final agreement
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