Page 2 - Trade Deals

India won't rush trade deals, will reject terms curbing its choices: Goyal

Piyush Goyal made these remarks while speaking at the Berlin Global Dialogue, adding that New Delhi would take a measured approach

India-UK joint panel to oversee to oversee trade deal implementation

"Meeting marked significant step towards operationalising CETA, with both ministers agreeing to reposition Joint Economic and Trade Committee to oversee implementation and delivery," dept said

UK PM Starmer begins India visit to boost ties after clinching trade deal

The deal between the world's fifth- and sixth-largest economies aims to increase bilateral trade by a further 25.5 billion pounds ($34 billion) by 2040

EU looks east: Why India must seize the moment to clinch its FTA deal

The European Union has shown flexibility in its FTA policy. India must capitalise

India, US step on the gas to seal trade deal after 7-hour 'positive' meet

India and the US held marathon talks in New Delhi to push forward a trade agreement, signalling easing tensions despite tariff disputes and setting the stage for further negotiations

India, EU begin 13th round of trade talks, hope to fast-track deal

India and the European Union (EU) on Monday started the next round of negotiations for the proposed free trade agreement (FTA), an official said. After the 13th round of talks, European Commissioner for Trade Maros Sefcovic will visit India on September 12 to take stock of the progress of negotiations with Commerce and Industry Minister Piyush Goyal, the official said. As there is a deadline to conclude the talks by the end of this year, this round of talks is important. The 12th round of talks concluded in Brussels. In June 2022, India and the 27-nation EU bloc resumed negotiations for a comprehensive FTA, an investment protection agreement and a pact on geographical indications after a gap of over eight years. It stalled in 2013 due to differences on the level of opening up of the markets. On February 28, PM Narendra Modi and the European Commission president agreed to seal a much-awaited free trade deal by the end of this year. Besides demanding significant duty cuts in automo

Stepping stone deal? UK pact could set template for India's future FTAs

Experts point out that the deal was possible only because both sides respected each other's sensitivities and regulatory autonomy

Latin America trade negotiations: India wary of China's growing influence

China's growing influence in the Latin American region raises concerns

Bangladesh signs US wheat-import deal in bid to curb tariff pressure

The US tariff hike has rattled Bangladesh export sector, especially the ready-made garments industry, which fears losing competitiveness in one of its largest markets

Looking to speed up talks to review Asean trade pact: Piyush Goyal

Commerce Minister Piyush Goyal discusses the ongoing review of the India-ASEAN trade pact with Malaysia's T Zafrul Aziz, highlighting challenges and the need for fair trade and a comprehensive deal

India seeks to avoid Trump's Brics wrath as it pursues US trade deal

With New Delhi set to assume the Brics chairmanship in 2026, India needs to differentiate itself from members like China and Russia, who are seeking to build the bloc as an opposition voice to the US

Letters and the spirit: Trump pushes global trade into uncharted territory

With the end of the 90-day pause on the imposition of the so-called reciprocal tariffs and the US sending letters, a few things are now clear

Trump's MASALA playbook: India faces tough choices in trade deals

Responding to the blowback, the White House softened its stance on April 9, imposing a 90-day pause and a uniform 10 per cent tariff on most imports, excluding China

India to seal interim trade deal with US this week as tariff deadline nears

The interim trade deal comes as the Trump tariff deadline nears. The 90-day pause, announced on April 9, followed US President Donald Trump's sweeping tariffs on 100+ nations, including India

Govt will protect textile sector in US trade deal: Goyal tells export body

Commerce and Industry Minister Piyush Goyal has assured industry bodies that the government will protect the interests of the textiles and apparel sector in the proposed trade agreement with the US, AEPC said on Friday. Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said he, along with TEXPROCIL (Cotton Textiles Export Promotion Council) Chairman Vijay Agarwal, met the minister to apprise him of key concerns related to the proposed agreement. "The minister gave a patient hearing to the concerns raised and assured the delegation that the government is committed to protecting labour-intensive sectors during the ongoing negotiations under the India-US Bilateral Trade Agreement," the council said in a statement. The minister also reiterated that all necessary steps would be taken to ensure that India's interests, especially those of vulnerable sectors like textiles and apparel, are safeguarded. It further said that if the US will go ahead with the additional 26 per cent

US court terms Trump tariffs illegal; India says trade deal on track

Speaking at the CII Annual Business Summit here on Thursday, Union Commerce Minister Piyush Goyal stressed that the deal with Washington remains "well on track"

Trump tariffs a call for nations to consider trade governance reforms

It is time for collective action among like-minded economies rather than be caught in the US tariff turmoil

India to restore tax refund benefits for exporters from June to boost trade

The benefits under the Remission of Duties and Taxes on Exported Products were introduced on January 1, 2021, but ended on February 5 this year

Pursue trade deals, but focus equally on enhancing industry competitiveness

India retaliated against some ill-considered statements and actions by the Bangladesh government by closing its land borders for import of some goods from that country

US could be on losing side in the test of wills with China: Claude Smadja

There are limits to India-EU FTA, EU lobbies want protection, don't think will meet the timeline