Trade

The Samyukt Kisan Morcha (SKM) has announced nationwide protests on Wednesday against the proposed India-US Free Trade Agreement (FTA) and other trade pacts, and written to President Droupadi Murmu, urging her to intervene to stop the Centre from signing the agreements. In an open letter to the president, the farmers' body has urged her to "instruct Prime Minister Narendra Modi not to sign the India-US Free Trade Agreement, repeal all signed FTAs and ensure discussion in Parliament" on their impact on the country's economy, self-reliance and sovereignty. "The FTAs, negotiated in secrecy and under corporate pressure, are a profound betrayal of India's national interest.... A blueprint for economic colonisation," the SKM has said in the letter, claiming that the agreements would devastate crores of small and marginal farmers and adversely affect the micro, small and medium enterprises (MSME) sector. The organisation has claimed that the proposed trade deals would allow subsidised ...

With the WTO moratorium on electronic transmissions having lapsed, India must weigh tariff flexibility against its growing stake in open, predictable digital trade

India and Moldova on Monday agreed to promote greater trade and investment, strengthen resilient supply chains and improve connectivity, with President Droupadi Murmu saying economic cooperation remains a key pillar of the bilateral partnership. Murmu, who is the first Indian President to visit Moldova, held productive and forward-looking discussions with her Moldovan counterpart Maia Sandu here, covering the entire spectrum of bilateral ties. "Economic cooperation remains an important pillar of our partnership. We agreed to promote greater trade and investment, strengthen resilient supply chains, improve connectivity and encourage closer engagement between our business communities," she said. The India-Moldova Business Forum, being held on the margins of this visit, will go a long way in energising our trade and investment ties, the President said. "We agreed to strengthen cooperation in various areas of mutual interest including agriculture, logistics and infrastructure, healthc

The central bank has merged instructions issued since 2022 into a single circular, retaining the framework for rupee-denominated settlement of cross-border trade transactions

The India-UK Free Trade Agreement is now in force, opening new opportunities for Indian exporters, businesses and professionals.

E-way bill generation under the GST regime rose 14.5 per cent year-on-year to 136.77 million in June, signalling resilient goods movement, domestic trade activity and tax compliance

India's FY26 trade with Seychelles swung to a $267 million deficit as aircraft imports surged, despite 19 new agreements to strengthen defence, maritime security and infrastructure ties

UPITS 2026 aims to connect nine million MSMEs with global buyers, targeting ₹20,000 crore in business opportunities and boosting Uttar Pradesh's export ambitions

West Asia's economic transformation presents India with new opportunities in infrastructure, trade, logistics and digital partnerships, strengthening regional integration

The UN trade agency said vulnerable economies could continue to face elevated food, fuel and transport costs even after energy markets stabilise following the reopening of the Strait of Hormuz

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

Russia and India are working on increasing bilateral trade volumes, Kremlin spokesman Dmitry Peskov said on Wednesday, as the two countries pursue a trade target of USD 100 billion by 2030 from USD 60 billion now. Peskov, who attended the 12th Primakov Readings international academic and expert forum, also said that Russia and India share a notably privileged partnership. He said that Russia and India are working to expand trade and economic relations. "We are pleased to note that this volume is showing a steady uptrend. We will keep working along these lines." During President Vladimir Putin's visit to India in December last year, the two countries set the bilateral trade target of USD 100 billion by 2030. "India is the world's most populous country, one of the fastest-growing economies, and a nation brimming with potential across all sectors," Peskov was quoted as saying by the state-run TASS news agency. "Our relationship is further reinforced by our joint participation in vari

Surge in shipments to smaller markets offsets weak demand from US and West Asia in April

Trade deficit with Vietnam widening since FY19

The US and 17 WTO members launched a separate pact to avoid e-commerce duties after talks failed to extend the WTO's long-standing digital trade moratorium

India and New Zealand have signed a free trade agreement to boost trade, investment, and mobility. Though current trade between the two remains limited, the pact is expected to support India's exports

Unlike trade in goods, where tariffs dominate, services face regulatory and structural barriers like data-localisation rules, licensing requirements, restrictions on foreign ownership, and compliance

In submissions to USTR, industry bodies flag risks to supply chain ties

The Trump administration will impose tariffs of as much as 100% on certain imported medicines, albeit with several major exemptions.