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Commerce and Industry Minister Piyush Goyal on Monday said India and the US teams are fully engaged for a trade pact that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers. He said that he had a meeting with US Trade Representative Jamieson Greer here last month. "Both sides reaffirmed their commitment to an agreement that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers in both countries. Our teams remain fully engaged in achieving this objective," Goyal said in a social media post.
The Board of Trade (BoT), chaired by Commerce and Industry Minister Piyush Goyal, is scheduled to meet on July 3 to leverage benefits from recent trade pacts and to discuss strategies for accelerating the country's exports, an official said. The BoT includes participants from various states, Union territories, and senior officials from the public and private sectors. In the meeting, representatives of export promotion councils, along with other participants, will present their views on the export sector. "The BoT is meeting on July 3 here," the official said. The last meeting of the board was held on November 25, 2025. The meeting is important as India has implemented five free trade agreements (FTAs) since 2021 with Mauritius, Australia, the UAE, Oman, and the four-nation European EFTA bloc. It has also signed a pact with the UK, which will come into force on July 15. The trade pact with the 27-nation EU is expected to be signed by the end of this year and may come into force ne
Commerce and Industry Minister Piyush Goyal has said that the 'Made in India' label represents the country's reputation and commitment to quality and stressed that quality is not just a corporate metric, but a national responsibility. Goyal cited Tamil Nadu-based Florence Shoe Company's global success as an example of how Indian entrepreneurs are strengthening Brand India's image through world-class manufacturing. Sharing the story of Florence Shoe Company founder Aqeel Ahmed Panaruna during a business plenary session in London on June 27, Goyal said an international customer spotted a luxury Hugo Boss shoe at Cairo Airport, checked its label and found it carried the words "Made in India". The shoe had been manufactured by Panaruna's company in Ambur, Tamil Nadu. "When you label a product 'Made in India', you are representing a country," he said. For entrepreneurs like Aqeel, quality is not just a corporate metric, it is a national responsibility, Goyal said in a social media ...
Transformational growth should be the prime focus of the India-UK Free Trade Agreement (FTA), Commerce and Industry Minister Piyush Goyal told business leaders at a plenary session in London on Friday. The minister is in the UK on a three-day visit to review the preparedness of both countries for the implementation of the Comprehensive Economic and Trade Agreement (CETA), which comes into force on July 15. During an interactive event organised by the High Commission of India in London, Goyal heard from members of a Federation of Indian Commerce and Industry-led delegation on the sector-wide opportunities on offer from CETA, such as advanced manufacturing, consumer goods, renewable energy, healthcare and tourism. "Collaborations, cooperations, partnerships will be, in my humble opinion, the right way to come in quickly for both British businesses and Indian businesses," Goyal told the gathering. "It will wedge your way faster; not compulsory, of course, your choice. If you are ...
The Free Trade Agreement (FTA) with the UK is the most comprehensive agreement that India has entered into so far and "sky is the limit" in terms of the economic benefits that will flow from it, Commerce and Industry Minister Piyush Goyal said here Thursday. The minister arrived in the UK on a three-day visit to review the preparedness of both countries for the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA), which will enter into force from July 15. Addressing the India Global Forum (IGF) UK-India Week at the start of his tour, the minister exhorted businesses in both countries to "seize the moment" and set ambitious targets to boost the estimated 48-billion-pound annual bilateral trading partnership on the back of CETA. "The UK free trade agreement will be the first most comprehensive agreement that India has entered into so far," said Goyal. "It's a partnership between two complementary economies, two growing economies. We understand each other,