Piyush Goyal

India and the US are moving towards closing all the open ends of the interim trade agreement, and both sides are likely to execute the "very, very vibrant" first phase of the pact by the middle of next month, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the US team was in New Delhi from June 2-4 for finalisation of the deal. They held discussions with the Indian team. "I also met with them yesterday, and we are fast moving towards closing all the open ends, and I think sometime by the middle of next month or so, we should be in a position to execute a very, very vibrant first tranche... "It is only the first tranche of our bilateral trade agreement, which will give preferential access to India over our competitors," he told reporters here. He added that a high-level team is expected to visit India towards the end of this month.

New Delhi may pursue an investment commitment under the proposed CEPA with Canada, mirroring recent trade agreements that included long-term foreign direct investment targets

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

US Ambassador Sergio Gor said negotiators are working through the final technical and legal issues as both sides push to conclude the long-pending trade agreement

The Indian commerce ministry's early assessment suggests India's exports to Oman can grow to $7 billion within two years

Goyal said large parts of the agreement had already been finalised and that discussions were currently focused on a few remaining issues

Commerce and Industry Minister Piyush Goyal gave assurances that the India-US interim agreement is close as he provided an "encouraging update" on bilateral trade negotiations during an interaction with eminent business leaders, the US-India Strategic Partnership Forum (USISPF) said. Goyal also discussed ways to further deepen India-US trade, investment and supply-chain partnerships during the closed-door roundtable interaction on Thursday. The Consulate General of India in New York, in collaboration with USISPF, hosted Goyal for the closed-door roundtable discussion, where he engaged with over 50 prominent business and industry leaders. Goyal said he highlighted India's strong growth story, reform-driven business environment, and expanding opportunities for global investors under the leadership of Prime Minister Narendra Modi. "Discussed ways to further deepen India-US trade, investment, innovation, and supply-chain partnerships for shared prosperity," he said in a post on X. USI

India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, according to a joint statement issued on Friday. The two countries have also agreed to enhance connectivity between India and Canada, including people to people ties, business mobility, and direct commercial linkages, as essential enablers of expanded trade and investment, it said. The statement was issued after the conclusion of a three-day (May 25-27) official visit of Commerce and Industry Minister Piyush Goyal. He has held a series of meetings with business leaders besides holding a bilateral meeting with Canada's Minister of International Trade, Maninder Sidhu. "The Ministers launched the Canada-India Trade and Investment Forum as a key platform that brings together Canadian and Indian business leaders and fosters new commercial partnerships and increased business engagement," it said. They reiterated their commitment to advancing an

India and Canada have decided to focus on low-hanging fruit, work on areas of convergence and avoid seeking concessions in sensitive sectors in the negotiations for the proposed free trade agreement, Commerce and Industry Minister Piyush Goyal has said. The two countries are negotiating a Comprehensive Economic Partnership Agreement (CEPA). The third round of negotiations is underway in Ottawa. The minister was in Canada for a three-day official visit. "I remember when I was talking to Mr Maninder Sidhu (Canada's trade minister) about speeding up CEPA negotiations, one of the first elementary decisions we both took was that 'we won't make perfect the enemy of the good'. "Let's capture the low-hanging fruit. Let's look at areas of convergence. Let's leave the sensitive things out of the agreement. If something is sensitive for Canada, no sense in trying to egg on and trying to get that into the CEPA. Likewise, if something is sensitive for India or the Indian public or Indian ...

Piyush Goyal pitched India as a long-term investment destination during his Canada visit as both countries accelerate negotiations for the proposed CEPA trade agreement

Commerce and Industry Minister Piyush Goyal has held meetings with Canada's leading pension funds, sovereign and institutional investors, and invited stakeholders to partner with India in areas such as clean energy, technology, digital infrastructure, AI, and manufacturing. The minister is in Canada for a three-day official visit. "Delighted to co-chair the 'Canada-India Investment Roundtable' alongside Mr. @MSidhuLiberal, Minister of International Trade of Canada. Held extensive discussions with Canada's leading pension funds, sovereign and institutional investors, members of the Canada-India Business Council and other stakeholders," Goyal said in a social media post. During the meeting, he highlighted India's focus on infrastructure, financial sector reforms and ease of doing business to create opportunities for global investors. Goyal also held a series of bilateral meetings with business representatives to discuss investment opportunities in India and areas of increasing ...

Carney, after a meeting with Goyal, called the Cepa between the two nations a "game changer".

Goyal said that he has arrived in Ottawa with the largest Indian business delegation in the country's history, showcasing India's commitment to the relationship

Piyush Goyal's Canada visit is set to push CEPA talks forward, with energy security, clean energy and trade diversification in focus

The country's exports have recorded healthy growth during the first three weeks of May, Commerce and Industry Minister Piyush Goyal said on Saturday. He also said that while the world is going through a turmoil, India is relentlessly rising on global stage as it is recording health growth in exports and foreign direct investment (FDI). "I have seen the numbers of exports even in the last three weeks. The pace of growth which we witnessed in April continues into May. We have been able to demonstrate resilience in the face of so many adversities," he told reporters here. Exports rose by 13.78 per cent to USD 43.56 billion in April, the highest monthly outbound shipments in more than four years, driven by petroleum products amid a surge in crude oil prices, but trade deficit widened to a three-month high of USD 28.38 billion due to an uptick in imports. The minister said that FDI during 2025-26 has touched an all time high of USD 95 billion, an increase of 17 percent year on year. Th

Commerce and Industry Minister Piyush Goyal on Saturday said he will lead a business delegation of over 150 members to Canada on May 25-27 to seek investments, enhance collaborations and give impetus to talks for the proposed free trade agreement (FTA). He said that a series of meetings is in the pipeline with leaders and businesses in Ottawa and Toronto. The minister will call on Canadian Prime Minister Mark Carney and hold a bilateral meeting with his Canadian counterpart Maninder Sidhu. Goyal said that he will also meet representatives of "Maple 8" pension funds of Canada. The "Maple 8" refers to Canada's eight largest public pension funds, which together manage assets worth about 2.4 trillion Canadian dollars and are considered among the world's most influential long-term investors. The group includes major funds like the Canada Pension Plan Investment Board, Ontario Teachers' Pension Plan, and Ontario Municipal Employees Retirement System. These funds invest extensively acros

According to the minister, the Centre expects states to provide a favourable environment to encourage industrial development

An inter-ministerial meeting was held with industry associations to discuss ways to boost the country's manufacturing, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the government is committed to working closely with the industry to expand manufacturing capacities, enhance quality standards and strengthen competitiveness. A comprehensive meeting with officials from key ministries and leading industry associations was held to strategise on boosting domestic manufacturing, he said in a social media post. The meeting comes at a time when the government is working with the industry to identify about 100 products -- including those from the auto, chemicals, plastics and petrochemicals sectors -- that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production. The exercise is aimed at reducing the import bill of the country, as outflows of foreign exchange are impacting the value of the domestic currency again

The Union government is taking steps to ease container movement at JNPA amidst rising global supply chain challenges due to the West Asia crisis, an official statement said on Friday. The statement further said that Union ministers Piyush Goyal and Sarbananda Sonowal reviewed the global supply chain challenges with EXIM industry stakeholders. According to the statement, rail evacuation, waiver of handling charges, Green Channels and trailer pooling among measures are rolled out to sustain Ease of Doing Business (EODB). The statement pointed out that the government of India has initiated a coordinated "Whole of Government" response to address concerns raised by the EXIM community. Union Minister of Commerce & Industry Piyush Goyal and Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal held a high-level meeting with representatives of the All India Liquid Bulk Importers and Exporters Association to review the evolving situation and discuss immediate and long-term ..

The upcoming visit will mark the first minister-level discussions between India and Canada after the signing of the terms of reference for the free trade agreement in March