India and Canada have opened the fifth round of talks for a Comprehensive Economic Partnership Agreement (CEPA) in Ottawa. The round runs from October 5 to 9.The fourth round closed in New Delhi on September 18. Both sides are working to a shared target of concluding the negotiations by the end of 2026, according to Global Affairs Canada.Two-way goods and services trade between the two countries reached USD 30.4 billion in 2025. Both governments want to double it to USD 70 billion by 2030.Canadian International Trade Minister Maninder Sidhu is leading the push. He will also head a Team Canada trade mission of about 300 delegates to India from October 12 to 17.The talks cover deep tariff cuts, wider access for services and investment, easier rules for skilled worker mobility, and cooperation in energy and critical minerals.The negotiations were revived after Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney met in November 2025. Talks were formally relaunched during Carney's visit to India in March 2026. Commerce Minister Piyush Goyal said the next 90 days will be a defining period for the relationship.