The UK government in December 2023 decided to implement its Carbon Border Adjustment Mechanism (CBAM), starting in 2027
The pact will help boost exports of labour-intensive products like footwear, textiles and gems and jewellery, Piyush Goyal added
In a post-signing interaction with business leaders from across sectors, Goyal said,' Investors are looking to double down on their investments'
Trump threatened a 26 per cent tariff on Indian imports in April but paused implementation to allow for talks
India-UK Free Trade Agreement boosts 'Made in India' exports. Piyush Goyal shares a state-wise list of products gaining UK access, highlighting regional gains and new global trade opportunities
The Free Trade Agreement is being described as India's most comprehensive trade pact ever and the UK's most significant since Brexit
His visit to the UK will primarily focus on the formalisation of the India-UK Free Trade Agreement (FTA). Besides holding wide-ranging talks with Starmer, PM Modi will also be meeting King Charles III
India and the UK are likely to sign a long-awaited free trade deal during PM Modi's visit to London on July 24, aiming to boost trade, cut tariffs, and deepen economic ties
The two countries announced the conclusion of the negotiations for the trade agreement on May 6
To generate $500 billion investment in India likely in brownfield or greenfield projects, and maybe in some cases, even mature assets
Indian exporters are poised to strengthen their presence in the US market as rivals like China, Mexico, and Canada face higher tariffs ranging up to 50%, as against India's 10%, says NITI Aayog report
India and US negotiators are in Washington for intense discussions, with the interim trade pact facing a critical deadline and pressure from the US on tariff concessions
He said that the ministry will partner with districts to promote one district one product (ODOP) goods
Commerce Minister Piyush Goyal discusses the ongoing review of the India-ASEAN trade pact with Malaysia's T Zafrul Aziz, highlighting challenges and the need for fair trade and a comprehensive deal
In a letter to Commerce Minister Piyush Goyal, the Confederation of Indian Small Tea Growers Associations (CISTA) suggested a price protection scheme modelled on the lines of the minimum support price
The issue figured during the meeting between Goyal and his Malaysian counterpart T Zafrul Aziz
While the minister did not refer to any country, the statement came at a time when China has reduced exports of a critical fertiliser - di-ammonium phosphate - creating a global supply squeeze
The additional tranche part of Fund of Funds scheme to promote innovation, absorption of newer technologies and the deployment of newer tech in contemporary fields
Rahul Gandhi targets PM Narendra Modi over looming US tariff deadline as India continues trade talks; failure to finalise a deal by July 9 could trigger 26 per cent duty on key Indian exports to US
Ahead of July 9 tariff deadline, Piyush Goyal emphasises that India will protect its national interest in ongoing trade negotiations, reiterates stance on sensitive sectors like agriculture and dairy