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Piyush Goyal says the government will fund key compliance costs for small exporters needing EU approvals under CBAM and REACH, as India expands trade deals and targets $2 trn exports
The support is being extended to these exporters under the ₹25,060 crore export promotion mission (EPM)
At the third edition of the BS summit, FM Sitharaman, Nitin Gadkari, will be among the thought leaders to deliberate on India's tremendous relevance across areas in a volatile geopolitical landscape
Mercosur is a trade bloc in Latin America comprising Brazil, Argentina, Uruguay, and Paraguay. The India-Mercosur PTA came into effect on June 1, 2009
A USTR delegation is expected to visit New Delhi in late March to sign the interim India-US trade deal, as negotiators meet in Washington to finalise the legal text ahead of April rollout
Rollout of seven schemes under the ₹25,060 crore EPM also announced
He also said that India's free trade agreements (FTAs) with the UK and Oman are likely to be implemented in April
Piyush Goyal says India has moved beyond apologetic trade talks, using FTAs as strategic tools to secure long-term economic gains while protecting sensitive sectors
India's customs duty forgone due to FTAs could cross ₹1 trillion in FY27, with Asean accounting for the largest share, Budget documents show
When immature people come into politics, allegations of such level are made, he said in a further attack on Rahul Gandhi over the latter's criticism of the Indo-US trade deal
He said the proposed $500 billion trade would include India's energy requirements, such as crude oil, LNG and LPG
Union Minister Piyush Goyal pointed out that the budget focuses on the MSME and manufacturing sectors through credit guarantee schemes, renewable energy use and expansion of cloud services
Commerce minister says India-US pact safeguards key crops and opens new markets for farm exports; accuses Rahul Gandhi of spreading misinformation
Commerce minister Piyush Goyal accused Rahul Gandhi of spreading lies on the India-US interim trade deal, asserting that farmers' interests were fully safeguarded and exports would rise
Commerce minister says India will secure concessional-duty access for garments made from US yarn and cotton, similar to benefits obtained by Bangladesh
Commerce Minister indicates sector may get zero-duty US market access similar to Bangladesh; industry says cotton exports and farmers unlikely to be hit
Commerce Minister Piyush Goyal urges exporters to leverage new FTAs with developed nations as India finalises trade deals with the US and EU
The meeting is important as India and the US have finalised a framework for signing the first phase of the bilateral trade agreement
As trade and farmer unions announce a February 12 strike over the India-US trade deal, RSS affiliates back the government with caveats, while Opposition parties seek answers in Parliament
Pax Silica and import commitments highlight opportunities and risks