Page 3 - Fta

India-EU FTA duty cuts could boost luxury car market, says BMW India

Reduction in customs duty on imported cars under the India-EU free trade agreement could enable the growth of the luxury car segment in India, which currently remains minuscule, BMW Group India President and CEO Hardeep Singh Brar said on Monday. The domestic luxury car segment accounts for just 1 per cent of the overall passenger vehicle segment. The India-EU Free Trade Agreement would be a historic milestone benefiting both sides by expanding trade and enabling deeper exchange of technology and innovation, Brar said in a statement. "From an automotive industry perspective, we hope the FTA will include balanced, win-win provisions that help stimulate demand in the luxury segment while strengthening supply chain integration which is especially important in the current geopolitical context," he added. If customs duties on completely built units are reduced, it would help expand the luxury car market in India, Brar stated. "While CBUs (completely built units) currently account for a

Beyond FTA: India, EU near deals on security and defence, mobility

Ahead of the 16th India-EU Summit, the Union Cabinet has approved some proposed agreements, including on security, defence and mobility

Five questions that will dominate debate in India and the world in 2026

Five major themes set to shape economic debate in 2026, from India-EU trade ties and fiscal strategy to data revisions, Fed independence and the risks around AI investment

Staff cuts, red tape may derail India FTA gains, warns UK Parliament panel

Billions of pounds of tariff savings from Britain's free trade agreement with India could be jeopardised by deep cuts to UK export support staff helping firms use the deal in practice, an influential Parliament panel cautioned in a report on Wednesday. The House of Commons Business and Trade Committee, with a remit to scrutinise the country's trade deals, released its analysis as the government tables the India-UK Comprehensive Economic and Trade Agreement (CETA) in Parliament for ratification. It finds that initial duty savings for UK exporters to India could total400 million pounds a year, potentially rising up to3.2 billion pounds after 10 years as export volumes increase. "This is the biggest free trade deal since Brexit with the potential to deliver billions in tariff savings for UK exporters, boosting growth and creating new jobs," said committee chair Liam Byrne. "But Parliament is being asked to ratify a deal promising billions in tariff savings while the government is ...

India's new FTA playbook looks beyond trade and tariffs to investment ties

India's recent free trade agreements mark a shift from tariff-led negotiations to deeper economic partnerships, embedding investment commitments, market access and supply chain integration

India, EU likely to conclude much awaited FTA talks on January 27

'Sensitive' agri issues may be off the table

Will Budget 2026 synchronise Customs law with India's FTA ambitions?

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier

FTA: India, EU should find convergence on sustainability chapter, NTBs

The two sides need to move little beyond their defined negotiating stance on investment treaty, subjects like agriculture, digital trade, IPR and ensure conclusion of the much awaited trade agreement

Binding FTA commitments to lift Indian professional services: Commerce secy

Commerce Secretary Rajesh Agrawal says binding FTA commitments on professional services can open global opportunities, as India focuses on skills, mobility and digital delivery

India–New Zealand seal FTA: What the trade deal means for both nations

India and New Zealand have concluded a free trade agreement after nine months of negotiations. The deal offers zero-duty access for all Indian exports,opens new visa pathways for skilled professionals

0% duty on 100% exports: India secures trade deal with New Zealand

Wellington commits to $20 bn FDI in 15 years; dairy items excluded

India-New Zealand trade deal finalised: Which sectors are set to gain?

The deal includes sweeping tariff cuts, expanded services access, enhanced labour mobility and a long-term investment commitment

India-New Zealand FTA concludes: What the trade deal means for both nations

India and New Zealand have concluded a Free Trade Agreement after nine months of talks; the deal cuts tariffs, boosts trade, opens jobs and creates new visa routes for Indian professionals

Trade agreement between India and EAEU to exclude areas of services

The Eurasian Economic Union comprises five countries - the Russian Federation, Kazakhstan, Belarus, Armenia and Kyrgyzstan

Western approaches: PM Modi's three-nation tour has created useful momentum

The Comprehensive Economic Partnership Agreement (Cepa) is the second FTA signed between India and a West Asian nation - the first being with the United Arab Emirates (UAE) in 2022

Explained: India-Oman trade agreement: Why the FTA matters

India and Oman have signed a major free trade agreement that gives Indian exports near-total duty-free access to Oman. From goods and services to jobs and geopolitics

India-US framework trade deal soon: Commerce Secretary Rajesh Agrawal

Having missed the 'fall' deadline, India is aiming to conclude the first tranche of the trade deal before the end of the calendar year

India, EU aim to seal trade pact at the earliest: Commerce Secretary

Commerce and industry minister Piyush Goyal held discussions with EU commissioner for trade and economic security, during December 8-9 to provide strategic guidance to the FTA negotiating teams

Diversifying exports to mitigate tariff impact; policy push to sustain mfg

Ahead of PM Narendra Modi's Jordan-Ethiopia-Oman tour, the government highlighted efforts to diversify exports and sustain manufacturing momentum, citing export and IIP growth trends

India negotiating FTAs with US, EU and 50 partners to boost trade: Goyal

India is at present negotiating free trade agreements with a number of trading partners, including the US and European Union, Commerce and Industry Minister Piyush Goyal said on Friday. India is working with its 'trusted' trading partners through these agreements to boost economic ties, he said. "We have all seen trade being weaponised. We have all seen the importance of having trusted partners around the world," he said, adding that at this moment, India is in talks with individual countries and groups of nations totalling about 50. The remarks come at a time when a steep hike in tariffs by the US has disrupted global trade. The Donald Trump administration has imposed a 50 per cent import duty on Indian goods entering American markets since August 27. The minister informed that GCC (Gulf Cooperation Council) too is interested in trade pact talks. GCC is a union of six countries in the Gulf region Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain. New Delhi has already implemen