Free Trade Agreement

India and the European Union (EU) have agreed to ink the free trade agreement by the end of this year, Commerce and Industry Minister Piyush Goyal said on Thursday. Addressing the India-Finland Business Round Table in Helsinki, he said the pact will come into force in the first quarter of 2027. "The 27-nation EU-India free trade agreement ...in the course of my meetings in Brussels yesterday, we have agreed to sign before the end of calendar 2026, the final legal document and bring into effect in the first quarter of 2027, sometime in February-March next year," he said. He added that the deal will open a plethora of opportunities for businesses on both sides. On January 27 this year, India and the European Union (EU) announced the conclusion of negotiations for the 'mother of all deals'. Under the pact, 93 per cent of Indian shipments will enjoy duty-free access to the 27-nation bloc, while the import of luxury cars and wines from the EU will become less expensive. The deal, conc

Fully engaged with Washington for a balanced deal, says Piyush Goyal

India and the UK's trade deal comes into force on July 15, lowering import duties on many Indian exports and offering social security relief for professionals

India and Asean have asked negotiators to expedite the review of their free trade agreement after missing the 2025 deadline, with talks focused on resolving pending chapters

The Free Trade Agreements (FTAs) finalised by India will create significant opportunities for the leather goods and footwear sector, helping boost exports to USD 14 billion by 2030, CLE has said. Council for Leather Exports (CLE) Chairman Ramesh Kumar Juneja said that they are eagerly waiting for a trade pact with the US, as it is India's largest export destination. A successful conclusion of India-US agreement will secure preferential access for the sector over competing nations, he said. The FTAs with regions such as the European Union, UK, New Zealand will define the next chapter of growth for the industry, he said. "Our industry aims to make optimum use of these emerging opportunities and reach an export target of USD 14 billion by 2030, as part of an overall industry turnover target of USD 50 billion," Juneja said. He added that trade agreements with UAE, Oman, Mauritius, Australia, EFTA with Switzerland, Norway, Iceland and Lichtenstein have all aided the domestic exporters.

A clear security doctrine is needed to ensure economic tools do not harm both the user and the target

Piyush Goyal says the Trade and Technology Council dialogue will complement the recently concluded India-EU free trade agreement, while India aims to conclude the Canada FTA within six months

The finance ministry has notified rules for determining the origin of goods under the India-UK trade pact, clearing the way for the agreement's implementation from July 15

India exported goods worth $1.4 billion to Peru during the last financial year, while imports stood at $8.87 billion, resulting in a trade deficit of $7.47 billion

Commerce Minister Piyush Goyal says the India-EU free trade agreement is on track for signing by December-end, while reiterating India's demand for a competitive edge in the interim US trade deal

New Delhi expects bilateral negotiations with Qatar and Bahrain to move faster than GCC-wide talks, while also preparing to revive trade negotiations with Israel

EU Ambassador Herve Delphin says legal vetting of the India-EU trade pact is nearing completion, with signing expected by year-end and implementation likely in early 2027

Why is India considering a sunset clause in its proposed US trade deal? Here's what the provision means and how it could help New Delhi navigate tariff uncertainty

Alongside the trade pact, the Double Contribution Convention will also take effect, easing social security obligations for temporary cross-border workers

Starmer and Modi had a formal bilateral meeting at the G7 summit in Evian on Tuesday, but neither of the readouts from the British or Indian sides made any mention of the steel dispute

US Trade Representative Jamieson Greer will meet Commerce Minister Piyush Goyal to advance talks on the proposed India-US trade agreement

Commerce Minister Piyush Goyal said nine recently signed free trade agreements are expected to become operational within 10 months, with several more trade pacts in the pipeline

After the trade deal, India's exports to the UAE have risen by $13 billion over the past four years, while imports have increased by $24 billion

India should reassess the effectiveness of its existing Free Trade Agreements (FTAs), modernise its investment screening architecture, and adopt a more coordinated trade and industrial policy framework as geopolitical fragmentation reshapes global commerce, a report said on Thursday. The report said that India's economic strategy must move beyond reactive policymaking and focus on proactive integration through calibrated partnerships, stronger institutional coordination and clearer market access objectives. Among its key recommendations, the report calls on India to audit existing FTAs, assess whether they have met intended objectives, and align future trade agreements more closely with industrial and export priorities. It also recommended that India explore high-quality market arrangements and utilise multilateral institutions and bilateral investment treaties to secure greater predictability for businesses and investors. The report titled 'Resilience in a Fragmenting World: India

But Markose is also revving up in the premium and luxury segment now