Page 6 - Trade Deal

India trade deal matters more than date, says UK trade minister

The Diwali timeline for a draft FTA had been announced by former British Prime Minister Boris Johnson during his meeting with Prime Minister Narendra Modi in New Delhi in April

Eager to secure trade deal with India, says UK's Suella Braverman

Home Secretary Suella Braverman has said the UK is eager to secure a trade deal with India to boost both economies and that Brexit has meant that Britain no longer has a Eurocentric mindset towards trade or visas. Addressing a Diwali event organised by UK-based India Global Forum (IGF) in London on Tuesday evening, the Indian-origin Cabinet minister spoke of being a proud member of the British Indian community and hailed the contribution made by the Indian diaspora to British life. In an apparent effort to override her recent controversial remarks about Indians forming the largest group of visa overstayers, the minister said the UK's villages, towns and cities have been profoundly enriched by immigration from India. Naturally, there is an economic imperative for our countries to work together, which is why we are so eager to secure a trade deal, said Braverman. But the boost to our economies is not the only virtue in making our friendship even stronger. We have a shared vision that

Comprehensive trade deal with EU could make India an export hub: Mercedes

In June, the EU and India relaunched talks for a free trade agreement with the aim of completing them by the end of 2023

India, UK bodies set up a new joint commission to push the trade deal

In a recent visit to India, UK Prime Minister Boris Johnson announced that the FTA was likely to be completed in October

UK PM Johnson signals visa flexibility with India to win trade deal

Speaking on the plane on his way to India, Johnson signalled he was ready to be more accommodating on an issue that could have stalled the talks.

India-Australia sign trade pact; bilateral trade to reach $45 bn in 5 years

This is the first trade agreement with a developed economy after over 10 years

Interim India-UK trade deal will eye win-win sectors, says Kevin McCole

Reduction in tariffs on auto components can result in more manufacturing investment in India, and if the UK were to reduce tariffs on Indian textiles, it could be a win-win, says Kevin McCole

Sensitive issues to remain out of India-Aussie early-harvest deal

The proposed deal is likely to include lower tariff and greater market access for Indian exporters in areas such as textiles, pharmaceuticals, footwear and leather

USTR Katherine Tai India visit: Trade policy forum, Indo-Pacific on agenda

With the Biden administration now insisting on resolving irritants first, rather than going for a mini deal, the focus on Trade Policy Forum has again emerged.

India, Australia agree to conclude free trade agreement by 2022-end

India and Australia on Thursday agreed to conclude the long-pending free trade agreement by the end of 2022 and an early harvest trade deal by as early as December

India, UAE to sign trade pact by Mar 2022; Round-1 of CEPA talks this week

A new strategic economic pact is expected to increase bilateral trade in goods to $100 bn, services t $15 bn in 5 years

France and Australia agree submarines won't stop trade deal

French and Australian officials said Monday that France's anger over a cancelled submarine contract will not derail negotiations on an Australia-European Union free trade deal. France withdrew its ambassadors to the United States and Australia after President Joe Biden revealed last week a new alliance including Australia and Britain that would deliver an Australian fleet of at least eight nuclear-powered submarines. The deal sunk a 90 billion Australian dollar ($66 billion) contract for French majority state-owned Naval Group to build 12 conventional diesel-electric submarines for Australia. The money would have been spent over 35 years. French Ambassador to Australia Jean-Pierre Thebault denied media reports that France was lobbying the European Union not to sign the trade deal with Australia that has been under negotiation since 2018. At this stage, negotiations do continue and there is a strong interest ... for Australia to have a free trade agreement with the EU, Thebault told

Beijing seeks to join an Asia-Pacific trade deal Donald Trump left

China submitted a formal application letter to join the deal, known officially as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

India, UK aim to launch FTA negotiations by November 1

Both countries are looking at an interim agreement by March 2022, which will be followed by a comprehensive FTA

India, Australia aim to announce early harvest trade deal by December

An early harvest agreement will be the way forward for an early conclusion of a bilateral Comprehensive Economic Cooperation Agreement (CECA) between both countries

UK, Australia seal trade deal in post-Brexit boost for Boris Johnson

The agreement marks the first deal with a major ally that goes beyond rolling over a pre-existing EU trade relationship.

Stop nitpicking, it's time for fresh start on mini deal: Piyush Goyal

Expresses concern at big US tech firms not adhering to data privacy

UK PM Johnson says trade deal is new starting point for EU relationship

Prime Minister Boris Johnson welcomed Britain's trade deal with the European Union as a new starting point for relations with the bloc in a call

How does Britain's parliament approve the Brexit trade agreement?

There could be a core of pro-Brexit lawmakers in Johnson's party who vote against the deal on the grounds that it doesn't deliver the kind of clean break they wanted.

RCEP with China, minus India: Is the trade deal a threat or opportunity?

In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more