Misri was flanked by Union Minister Piyush Goyal and Commerce Secretary Rajesh Agarwal at the Special Briefing on the State visit of President of EU Council and President of EU Commission to India, where he said that it was the first time where leaders from Europe were the guests at India
US Commerce Secretary Howard Lutnick said that globalisation is a failed policy and has failed the West and the United States, asserting that the Trump Administration is very clear that the existing global economic model has left American workers behind.
India is on track to cross USD 850 billion in total exports for the current financial year (FY 2025-26), driven by steady performance in both merchandise and services despite a challenging global economic climate.
India's Commerce Secretary Rajesh Agrawal asserted on Thursday that the much-anticipated first tranche of India-US BTA is "very near" but stopped short of putting out a timeline.
"We have closed 20 out of 24 chapters completely, there are few issues which are still ongoing negotiations, which we are virtually engaged on a day to day basis, and we are trying to see if we can meet the timeline before our leaders can meet," the secretary said.
Major trade agreements hinge largely on policy convergence between the parties and the stakeholders involved, and not leader-level symbolism, asserted India-based think tank Global Trade Research Initiative (GTRI), after US Commerce Secretary Howard Lutnick's claims that the Bilateral Tra
The Ministry of External Affairs on Friday said it had been close to a trade deal with the US on several occasions, and the characterisation by the US Commerce Secretary Howard Lutnick on it was "not accurate."
Congress MP Jairam Ramesh on Friday took a swipe at the BJP-led Centre by sharing remarks of US Commerce Secretary Howard Lutnick, alleging that India missed out on a trade deal with the United States due to a lack of direct engagement at the leadership level.
US Commerce Secretary Howard Lutnick has claimed that the United States did not sign a trade deal with India as Prime Minister Narendra Modi did not place a call to US President Donald Trump.
Legally binding commitments on professional services under Free Trade Agreements (FTAs) will unlock global markets for Indian professionals, said Commerce Secretary Rajesh Agrawal while inaugurating a "Chintan Shivir" on professional services.