Page 2 - Trade Talks

Cheap oil-linked LNG supply to India trumps US gas amid trade talks

Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks

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

300 products hold huge potential for Indian exporters in Russia: Official

As many as 300 products, including that of engineering goods, pharma, agri, and chemicals, hold huge potential for Indian exporters to push their shipments to Russia as the two countries target USD 100 billion trade by 2030, an official said. At present, India's exports of these goods to Russia stood at USD 1.7 billion, as against Russia's USD 37.4 billion in imports. "This stark disparity demonstrates the substantial complementary export space India can target," the official said, adding increasing exports will also help India bridge its trade deficit with Russia, which stood at USD 59 billion. These high-potential products have been selected by the commerce ministry by analysing complementary basket of products -- mapping India's supply visa-a-vis Russia's demand across key sectors, the official added. The most promising areas mirror India's rising global strengths are engineering goods, pharmaceuticals, chemicals and agriculture, all of which correspond to substantial unmet dema

Cabinet clears India-Oman CEPA ahead of PM Narendra Modi's Muscat visit

CEPA expected to boost bilateral trade beyond current $10.6 billion, with focus on petroleum, urea, and manufactured goods

No hard stop set in India-US trade discussions, says Piyush Goyal

Piyush Goyal says India and US are negotiating a trade deal without fixed deadlines, stressing steady progress and mutual benefit as both sides work to resolve pending issues

PM Modi, Trump hold talks over phone, discuss ways to enhance trade

PM Modi and Trump held their first call since October, reviewing bilateral progress in trade, defence and technology, and reaffirming their commitment to a stronger strategic partnership

US trade team may press India on greater market access in agri products

The delegation headed by the Deputy US Trade Representative (USTR) Rick Switzer which is visiting India from 9 to 12 December has trade officials with expertise in agriculture among others

US, India to hold bilateral trade talks on December 10-11 in Delhi

A delegation led by Deputy US Trade Representative (USTR) Rick Switzer will meet his Indian counterpart Rajesh Agarwal on the proposed bilateral trade agreement here this week, official sources said. The USA's chief negotiator for the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, will hold discussions with India's chief negotiator and Joint Secretary in the Department of Commerce Darpan Jain. "A delegation from the office of the US Trade Representative, led by Deputy US Trade Representative Ambassador Rick Switzer, will be visiting India from December 9-11, 2025. Talks on 10th and 11th will happen on all trade-related issues," they said. The visit is crucial as India and the US are working to finalise the first tranche of the pact. This visit of the US officials marks their second trip since the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market due to the purchase of Russian crud

To bridge trade gap, India and Russia may cut duties, ease barriers

Russia eyes mobility pact, duty cuts and sanctions-proof oil trade; major defence deals unlikely at annual summit

India set for 3rd-biggest tariff shock in global apparel and footwear trade

However, the other exporting countries, including Bangladesh, Indonesia, Cambodia and Pakistan, will have a much lower incremental impact than India

US trade deals multiply but are offering little certainty or durability

A wave of new trade agreements under Trump 2.0 offers concessions to Asian partners, but their executive-order nature leaves room for renegotiation and continued uncertainty

New air freight corridors to connect Kabul with Delhi, Amritsar: MEA

The air freight corridors mark a return of direct trade links between the two nations that had slowed in recent years

India and Canada to reboot trade deal negotiations after 2 years

Govt calls for deeper ties in critical minerals and N-power

Piyush Goyal to convene the Board of Trade to assess US tariff hit

Piyush Goyal will review export challenges, logistics gaps and trade deal gains as industry seeks clarity on the new Export Promotion Mission

India offers major investment opportunities for Israeli firms: Piyush Goyal

Piyush Goyal said India presents strong investment prospects for Israeli companies across infrastructure, manufacturing, AI and emerging tech

Resilient domestic economy gives govt space to negotiate US trade deal

Indian exports to the US dropped 8.6 per cent year-on-year to $6.3 billion in October, the second month that the 50 per cent tariff on imports from the country was in place

Govt refining FDI, FII norms as India-US trade deal progresses: Goyal

Goyal said the government is holding regular consultations to streamline FDI and FII processes, boost investor confidence and advance fair, balanced India-US trade deal

First tranche of US-India bilateral trade agreement 'near closure'

India says the first tranche of the Indo-US trade deal is close to finalisation, with talks focused on easing reciprocal tariffs and boosting bilateral trade amid shifting export trends

COP30 at halftime sees EU pushback on India, China's CBAM, finance moves

Two issues on financial obligations of developed countries and unilateral trade agreements were dropped from the COP agenda after resistance from developed nations

Best of BS Opinion: Government must continue with trimming its QCO list

Today's Best of BS Opinion looks at Bihar's fiscal test after NDA win, pushback against QCOs, Trump's tariff stance and India's options, India Inc earnings vs GDP, and a biography of Francis Crick