Page 2 - Fta

India-UK ties built on trust, collaboration, and shared ambition: UK envoy

The UK and India share a dynamic and forward-looking partnership built on trust, collaboration, and shared ambition, UK's Trade Commissioner for South Asia Harjinder Kang has said. Speaking during the annual King's Birthday Party celebrations here, Kang said this year's celebration follows a milestone year in UKIndia relations, marked by the signing of a Free Trade Agreement, a shared India-UK Vision 2035, and reciprocal visits by Prime Ministers Keir Starmer and Narendra Modi to each other's countries. The past year reflects a partnership that is deeper, broader, and more forward-looking than ever before, he said. "The UK and India share a dynamic and forward-looking partnership built on trust, collaboration, and shared ambition," Kang, who is also the Deputy High Commissioner, said on Friday. Kang hosted the King's Birthday Party on Friday, bringing together distinguished guests to celebrate the birthday of King Charles III. The evening brought together senior representatives fr

Amit Shah slams Rahul Gandhi over 'lies', says trade deals protect farmers

Union Home Minister Amit Shah on Saturday asserted that in FTA and trade deals, the interests of farmers and fishermen have been fully secured and slammed top Congress leader Rahul Gandhi for misleading them with 'lies'. Addressing a well-attended BJP rally here, Shah alleged that Gandhi, the Leader of Opposition in the Lok Sabha, "has started a new tradition of telling lies daily." "Its Rahul Gandhi's policy to lie, lie loudly, repeat it. But people have identified your lie manufacturing factory," he said. The provisions in FTA and the trade deal, apparently the Indo-US one, should be studied carefully and Prime Minister Narendra Modi "has ensured 100 per cent protection" for Indian farmers and fishermen, Shah said. He charged that farmers' interests were "sold off" during the UPA regime headed by the late Manmohan Singh. The BJP veteran also expressed confidence that in 2029, under PM Modi, BJP-led NDA will assume power again at the Centre.

Goyal urges exporters and industry bodies to take full advantage of FTAs

Commerce Minister Piyush Goyal urges exporters to leverage new FTAs with developed nations as India finalises trade deals with the US and EU

UK touts first mover edge as India FTA debate heats up in Commons

The UK government has highlighted its first mover advantage by signing a free trade agreement (FTA) with a rapidly growing Indian economy ahead of the European Union (EU), which it claimed had used Britain's deal as a "baseline". During a House of Commons debate on the India-UK Comprehensive Economic and Trade Agreement (CETA) earlier this week, the Opposition Conservatives insisted the deal with "one of the largest economies on the planet, which is growing approximately five times faster than the European Union" could have been better. "British businesses needed something with a really good kick in it to get this country growing. Instead of a vindaloo of a deal, the Prime Minister came back with a bag of soggy poppadoms," said Andrew Griffith, shadow business and trade secretary. Chris Bryant, minister of state in the Department for Business and Trade (DBT), responded on behalf of the Labour government to stress that CETA was a "momentous achievement" which goes "well beyond India'

India-US trade pact boosts Boeing's parts sourcing from India: Goyal

US-based Boeing is a large buyer of aircraft parts from India and is looking at the country as its largest foreign original equipment manufacturer (OEM) base for components going forward, Commerce and Industry Minister Piyush Goyal said on Saturday. Under an interim trade agreement with India, the US has agreed to remove tariffs on certain aircraft and aircraft parts of India. "Already Boeing and Airbus are large buyers of aircraft parts from India...I am told both these companies are looking at India as the largest foreign OEM for parts going forward and I have had conversations with the top board and CEO of both companies. There is a lot of excitement about the India-US partnership," he told reporters here. Boeing has over 265 commercial and military aircraft operating in India, which is a key market for the plane maker. The company has more than 325 suppliers and the annual sourcing from the country is worth over USD 1.25 billion. The amount includes components and services. Ai

India, GCC sign ToR to restart free trade talks after three-year pause

India, the six-nation GCC bloc have signed the terms of reference for a proposed free trade agreement, formally setting the stage for negotiations aimed at boosting trade, investment, strategic ties

Leather industry looks at boom year with US, EU trade deals in bag

India-US and India-EU trade deals lift sentiment for leather exporters, who expect stronger orders, factory expansion and job creation as global sourcing shifts to India

India, GCC to sign terms of reference on Feb 5 to launch FTA talks

India and the six-nation bloc of Middle Eastern nations, the Gulf Cooperation Council (GCC), will ink terms of reference on Thursday for starting talks for a free trade agreement (FTA), an official said. The terms of reference (ToR) outline the scope and modalities of a proposed trade pact. Commerce and Industry Minister Piyush Goyal will preside over the signing ceremony of the ToRs with GCC. GCC is a union of six countries in the Gulf region -- Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain. India has already implemented a free trade pact with the UAE in May 2022. India and Oman also signed a Comprehensive Economic Partnership Agreement (CEPA) in Muscat on December 18, 2025. Launch of FTA talks with the GCC would be a kind of resumption of the negotiations, as the earlier two rounds of negotiations were held in 2006 and 2008 between the two regions. The third round did not happen as GCC deferred its negotiations with all countries and economic groups. India imports ...

Lords committee flags risks for UK industries in India free trade agreement

UK parliamentary panel backs the India-UK FTA as historic but warns British firms may face delayed gains, sectoral risks and tougher competition from Indian exports

EU trade deal spurs big strides: India set to walk the world with Kickers

Chennai-based Kothari to buy considerable stake in Kickers BBV

India-EU free trade agreement: CBAM rules strain India's steel MSMEs

At least 10 consignments held at European ports this month; order cancellations on the rise

Stock Market Close: Sensex sprints 487 pts, Nifty nears 25,350; Oil & Gas index jumps 3%, Metal 2%

Sensex Today | Stock Market LIVE Updates: The Nifty MidCap 100 and the Nifty SmallCap 100 closed with gains of 1.66 per cent and 2.26 per cent, respectively

India, EU sign first comprehensive defence and security agreement

Europe's growing focus on defence preparedness has already benefited Indian defence firms, particularly manufacturers of munition

India, EU seek to reduce strategic dependencies amid uncertainty

13 agreements signed at the India-EU summit underline a joint push to reduce strategic dependencies, deepen trade and defence cooperation, and strengthen supply chains amid a fragmenting global order

India hopes to conclude social security pacts with all EU members in 5 yrs

Social Security Agreement ensures continuity of social security benefits on a reciprocal basis and thus avoids potential dual contributions for Indian workers and employers in the future

India-EU FTA: One-stop hub to aid movement of skilled professionals to EU

Supports IT services industry and students

India-EU free trade agreement to improve access to premium alcobev brands

While detailed provisions of the agreement are awaited, the initially released agreement indicates that import tariffs will be reduced to 75% from current 150% across all EU spirits, wines categories

India-EU FTA: Large market opens up, says Maruti Chairman RC Bhargava

India-EU FTA opens a large European market for Indian-made small cars, with duty cuts boosting exports and giving carmakers like Maruti Suzuki a cost advantage

India-EU FTA boosts Europe's appeal for Indian students amid visa flux

India-EU FTA's focus on mobility could expand choices for Indian students, making Europe a more deliberate study destination even as the US remains key amid uncertainty over visa policies

India-EU FTA to boost Indian pharma exports, improve EU market access

Lower tariffs under the India-EU free trade agreement will significantly strengthen the position of Indian formulations, APIs, and value-added medicines in the European Union, Pharmexcil Chairman Namit Joshi said on Tuesday. For the domestic pharmaceutical sector, the agreement delivers structural competitiveness, he stated. "Near-zero tariff access significantly strengthens the position of Indian formulations, APIs, and value-added medicines in the EU, a development that is particularly consequential for India's pharma MSMEs, many of whom possess strong quality capabilities, but face cost and access barriers in highly regulated markets," Joshi said in a statement. Reduced tariffs and smoother market entry will directly enhance their ability to scale exports, invest in compliance, and integrate into European supply chains, he added. "Crucially, this agreement enables stable, long-term, and predictable pharmaceutical trade, benefiting European healthcare systems and consumers throug