Page 3 - Trade Talks

India inks critical mineral, climate change and defence deals with UK

Modi, Starmer seek to build on FTA signed in July 24

Taking stock of US shutdown impact on trade talks, says Piyush Goyal

Commerce Minister Piyush Goyal says clarity on India-US trade negotiations is expected within a week; highlights export resilience and fintech leadership at GFF 2025

India-US continue dialogue to finalise bilateral trade pact by Nov: Goyal

India and the US are in continuous dialogue on the proposed bilateral trade agreement, and all possibilities are there to meet the November deadline for concluding the talks, Commerce and Industry Minister Piyush Goyal said on Tuesday. On the possibility of the next round of trade negotiations in a physical mode, he said that every possibility exists, but with the US government currently in shutdown mode, it remains to be seen how, where, and when the next round of talks can take place. "Aap sub jante hain ki USA me aaj-kal government shut down mode me hai, toh uske maddenazar dekhna padega ki kaise baat-cheet ho sakti hai, kahan ho sakti hai, aur kab ho sakti hai (As you all know, the US government is currently in shutdown mode. So, keeping that in mind, we'll have to see how, where, and when the discussions can take place)," he told reporters here. The US government has stopped working since midnight on October 1 as Congress failed to pass a funding bill. Theoretically, this means

Keir Starmer's India visit to deepen trade, fintech, and defence ties

UK PM Keir Starmer's two-day India visit will focus on expanding trade under CETA, fintech partnerships, defence cooperation, and higher education links

India, Chile aim to finalise CEPA by year-end after fast-track talks

Commerce officials to visit Santiago this month for third round of CEPA talks, with focus on critical minerals and expanded market access

India, EU to begin next round of trade talks from Monday in Brussels

Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement on Monday in Brussels to iron out differences on issues for early conclusion of the negotiations, an official said. This will be the 14th round of negotiations between the two sides. The five-day talks will begin on October 6, the official said. Commerce and Industry Minister Piyush Goyal has recently expressed hope that the two sides will sign the agreement soon. The pact aims at boosting two-way commerce and investments. Goyal is also likely to meet EU Trade Commissioner Maros Sefcovic in South Africa later this month to review the progress of talks, as the deadline to conclude the negotiations is December. Sefcovic and the European Commission's Agriculture Commissioner Christophe Hansen were here last month to review the progress of talks with Goyal. Both sides have targeted to conclude negotiations by December. In June 2022, India and the

Next round of talks on proposed trade pacts with Chile, Peru in Oct, Nov

The next round of negotiations between India and two South American countries, Chile and Peru, will be held in October and November, respectively, an official said. The five-day talks with Chile will start on October 27 in Santiago, the three-day deliberations with Peru will begin on November 3 in Lima, the official said. Both agreements are being negotiated separately. India is set to hold its second round of trade talks with Chile and the eighth round of negotiations with Peru. India and Chile implemented a preferential trade agreement (PTA) in 2006 and are now negotiating to widen its scope for a comprehensive economic partnership agreement (CEPA). CEPA aims to build upon the existing PTA between the two nations and seeks to encompass a broader range of sectors, including digital services, investment promotion and cooperation, MSMEs (micro, small and medium enterprises), and critical minerals. The bilateral trade between India and Chile is modest. In 2024-25, India's exports t

Putin orders his govt to address India's trade imbalance concerns

Ahead of the India-Russia summit, President Putin directs ministers to resolve trade imbalance, ease barriers for Indian exports and strengthen private sector ties

India-EFTA agreement set to be launched on October 1 after long wait

India's first European trade deal ensures $100 bn investment, tariff cuts, and potential for 1 million jobs over 15 years

India and US discuss contours of trade deal; seek early conclusion

Commerce Minister Piyush Goyal led a delegation to New York, where India and the US discussed contours of a trade deal and agreed to work towards an early conclusion despite oil-related hurdles

Govt aims to expand trade in energy products with US: Piyush Goyal

India assures US of a bigger role in its energy security, with plans to boost trade in energy and nuclear cooperation, while avoiding mention of Russian oil imports amid tariff tensions

India and US continue trade negotiations at multiple levels: official

India, US talks are happening at different levels covering both trade and non-trade issues, an official said. Commerce and Industry Minister Piyush Goyal is in the US for trade talks. He is accompanied by senior officials of the ministry, including special secretary and India's chief negotiator Rajesh Agrawal. "Talks are happening at different levels," the official said, adding the minister led team is expected to return from the US later this week. Goyal has held discussions with his US counterpart. This visit comes in the backdrop of recently concluded day-long discussions in New Delhi between US Chief Negotiator Brendan Lynch and Agrawal on the proposed bilateral trade agreement. On September 16, the commerce ministry stated that the day-long discussions with the visiting US team on a bilateral trade deal were positive, and both sides agreed to push for an early and mutually beneficial conclusion of the agreement. The visit of the high-ranking US trade officials came for the f

Datanomics: Corn symbolises thorny issues in US-India trade talks

India's corn imports from the US were just $ three million in FY18, accounting for 0.3 per cent of total agricultural imports from that country

Apeda figures low in fiscal support even as India looks to sign FTAs

Comparatively modest expenses on salaries and establishment could be a reason

US calls Piyush Goyal's visit for trade talks an important step forward

According to people aware of the matter, Goyal will meet United States Trade Representative (USTR) Jamieson Greer this week on the sidelines of the United Nations General Assembly

Piyush Goyal likely to visit Washington soon for key India-US trade talks

With the India-US trade talks moving in the right direction, Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon, sources said. The visit comes in the backdrop of recently concluded daylong discussions here between US Chief Negotiator Brendan Lynch and his Indian counterpart Rajesh Agrawal on the proposed bilateral trade agreement. "The commerce minister's visit is likely soon... may be in the next few days... for the trade talks," they said. On September 16, the commerce ministry stated that daylong discussions with the visiting US team on a bilateral trade deal were positive, and both sides agreed to push for an early and mutually beneficial conclusion of the agreement. "It was decided to intensify efforts to achieve early conclusion of a mutually beneficial trade agreement," the ministry said in a statement after a seven-hour meeting with US officials. The talks were important as the US has imposed a steep 50 per cent tariff on Indian goods. The vi

'Hoped for more progress' in talks with India, says EU trade chief

The EU's key interests include cars, wines and spirits, and agriculture -- areas considered sensitive by India, and are still under negotiation

India, US back on deal table: Chief negotiator-level meeting on Tuesday

The development comes even as White House senior trade advisor Peter Navarro reiterates his criticism of India's purchase of Russian oil

US signals softer stand in BTA: Access to high-end cheese, not milk market

US signals softer dairy stance, eyeing premium cheese exports to India as trade talks restart; India wary of opening sensitive farm sector

135,000 jobs lost in Surat due to Trump's trade tariffs: Shashi Tharoor

Congress leader Shashi Tharoor said that US tariffs have already led to around 135,000 layoffs in Surat's gems and jewellery sector, with potential job losses looming in seafood and manufacturing