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India-UAE CEPA helped bilateral trade cross $100 billion in 2025-26, with gains in goods and services trade, stronger exports, rising imports, and growth in key sectors, Goyal said
Goyal also said that free trade agreements finalised by India would give a huge boost to the domestic industry
India has already concluded nine FTAs that provide preferential access to nearly two-thirds of the global economy and global trade, covering 38 developed and prosperous countries
The FTA aims to double bilateral trade and facilitate duty-free access to the island nation's markets for Indian companies, as well as bring in $20 billion of investment over the next 15 years
India and the US are engaged in discussions aimed at reaching a balanced and mutually beneficial trade agreement, said a spokesperson for the ministry of external affairs on Thursday
Goyal said the app would provide affordable, authorised fares to the public while ensuring drivers receive fair rights and ownership for their hard work
India and South Korea aim to conclude FTA renegotiation by mid-2027, focusing on fair trade, localisation, and reducing barriers amid concerns over trade imbalance
Goyal said the two sides have agreed to upgrade the India-Korea Comprehensive Economic Partnership Agreement on a "fast-track, mission mode" basis
About a dozen officers from India are in Washington for three-day trade talks with the US authorities
In the last few days, Goyal has held discussions with the trade ministers of Saudi Arabia, UAE, Bahrain and Kuwait
The government has undertaken several measures to strengthen the patent ecosystem in the country, particularly aimed at startups, MSMEs and educational institutions
All these countries are members of the Gulf Cooperation Council (GCC) with which India is negotiating a free trade agreement
India and Kuwait traditionally enjoy friendly relations, which are rooted in history and have stood the test of time
Notably, the Bill is not a standalone reform. It is part of a broader and consistent policy intervention over the past decade and is aimed at improving the business environment
Goyal sought to know how the state treasury could be empty despite receiving over ₹80,000 crore in GST collections from the Centre and accused the DMK government of causing a financial crisis
Govt discusses ramping up induction heater production as LPG supply concerns rise amid West Asia tensions, triggering surge in demand for electric cooking alternatives
Minister says prosecutors may seek closure of minor cases under new law, as Centre pushes decriminalisation to reduce litigation, ease compliance and improve business climate
This will give businesses greater predictability, says Goyal
Goyal held a bilateral meeting with Peter Kyle, UK's Secretary of State for Business and Trade, on the sidelines of the 14th ministerial conference of the WTO last month in Cameroon
Parliament on Thursday passed a bill to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve the country's business environment.