Commerce and Industry Minister Piyush Goyal affirmed that India’s free trade agreements (FTAs) prioritize domestic industry interests through extensive stakeholder consultations, carefully balancing offensive and defensive needs. He emphasized pursuing trade pacts with complementary economies, ensuring national and public interests are upheld. Commerce and industry minister Piyush Goyal on Monday said India is shaping its free trade agreements (FTAs) considering …
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India-UK FTA: Focused on doing trade deals to complement, not compete, says Goyal; ‘massive investments’ in innovation sector over the next decade – Times of India
Union minister for commerce and industry Piyush Goyal on Thursday said that India is in trade dialogues with the countries with whom it does not compete rather can complement with the economies involved.Speaking at an India Global Forum session on UK-India collaboration, the minister highlighted the opportunities that trade agreements create, both for the two countries and the global economy.Speaking …
Read More »Sealed over a chocolate ice cream! How India-UK trade deal was finalised during a walk in London’s Hyde Park, Piyush Goyal reveals – Times of India
India-UK trade deal: The successful completion of FTA negotiations was confirmed by both nations on May 6. (AI image) Did you know that the India-UK trade deal was sealed during a walk in the park, and over an ice-cream? The Free Trade Agreement (FTA) negotiations between India and the UK reached their conclusion during an informal meeting in London’s Hyde …
Read More »US team in town, govt eyes initial tranche of trade deal with US – Times of India
BRESCIA: Govt is hoping to clinch an initial tranche of the proposed bilateral trade deal with the US, govt sources said as a team of American officials landed in the Capital for negotiations. “The two countries are actively engaged in focused discussions to facilitate greater market access, reduce tariff and non-tariff barriers, and enhance supply chain resilience and integration. The …
Read More »Meeting soon to push economic corridor – Times of India
India and Italy on Thursday said a meeting will shortly be held in Mumbai to push forward India-Middle East-Mumbai Economic Corridor, which has been affected by the tension in West Asia. Commerce & industry minister Piyush Goyal said issues around financing and other aspects will be discussed. Source link
Read More »India wants WTO’s dispute settlement mechanism back – Times of India
PARIS: India has identified the restoration of the dispute settlement mechanism as the first priority for WTO members and called for maintaining special treatment for poor and developing countries.After a meeting of trade ministers here, commerce & industry minister Piyush Goyal also reiterated India’s opposition to bringing plurilateral initiatives such as investment facilitation under the ambit of the multilateral body. …
Read More »Piyush Goyal to lead delegation to US for key trade talks from May 17 – Times of India
NEW DELHI: Union minister Piyush Goyal will head to Washington from May 17, leading a delegation of senior Indian officials for talks with US counterparts regarding the proposed bilateral trade agreement (BTA), according to an official’s statement on Tuesday.During the four-day visit from May 17 to 20, the Commerce and Industry minister is expected to meet with US Trade Representative …
Read More »India-UK FTA to boost bilateral trade to $100 billion by 2030 and benefit exporters, say industry bodies – Times of India
Industry organisations on Tuesday welcomed the India-UK Free Trade Agreement (FTA), asserting it will significantly support Indian exporters aiming to expand their presence in the UK market, particularly in the face of current global economic uncertainties. The agreement aspires to elevate bilateral trade to USD 100 billion by 2030. Experts cited by news agency PTI emphasised that the FTA’s success …
Read More »India-UK trade pact talks may take longer as key issues remain unresolved: Sources – Times of India
The conclusion of talks on the proposed free trade agreement (FTA) between India and the UK, along with two other pacts, may take more time as both sides continue to negotiate unresolved issues, sources familiar with the matter said.According to PTI, the three agreements currently under discussion are the FTA, a bilateral investment treaty (BIT), and a social security agreement …
Read More »US tariff impact: Commerce minister Piyush Goyal calls meet with exporters – The Times of India
NEW DELHI: Commerce and industry minister Piyush Goyal will hold a key meeting with exporters on Wednesday to discuss the implications of the 26% additional reciprocal tariffs recently imposed by the US under President Donald Trump’s administration, according to an industry official.Senior officials from the commerce ministry, representatives from various Export Promotion Councils (EPCs), and the Federation of Indian Export …
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