According to Taiwan's Ministry of Finance (MOF), Taiwan's machinery exports to the US reached USD 5.8 billion in 2024, a 6.1 per cent increase from 2023.
Union Commerce and Industry Minister Piyush Goyal highlighted on Saturday that growing international scrutiny of the European Union's Carbon Border Adjustment Mechanism (CBAM) could weigh more heavily on European industries than its intended targets.
Goyal, while addressing a press conference, emphasised that out of all FTAs signed so far, the India-UK FTA has been the biggest, most comprehensive, and most important, highlighting that 99% of India's exports to the UK will now be duty-free.
India's key seafood exports to the UK currently include Vannamei shrimp (Litopenaeus vannamei), frozen squid, lobsters, frozen pomfret, and black tiger shrimp--all of which are expected to gain further market share under CETA's duty-free access.
The landmark India-UK Free Trade Agreement will benefit several sector, including leather and footwear industry; gem and jewellery; textiles and clothing; base metals; agricultural goods, among others, Commerce Secretary Sunil Barthwal said on Friday.
Kochi (Kerala) [India], July 25: Kings Infra Ventures Ltd., a pioneer in sustainable aquaculture and marine exports, has hailed the signing of the India-UK Free Trade Agreement (FTA) as a transformative step for India's seafood industry. The FTA, signed today, grants zero-duty access to 99%
The impending India-UK Free Trade Agreement (FTA), also referred to as the Comprehensive Economic and Trade Agreement (CETA), is poised to significantly boost exports from several Indian states by eliminating tariffs and enhancing market access in the United Kingdom.
Foreign Secretary Vikram Misri revealed on Thursday that India has been actively engaged in discussions with the US on a potential Bilateral Trade Agreement (BTA), emphasising the ongoing contacts with partners in the US.
Engineering Export Promotion Council of India (EEPC) India has welcomed the signing of the India-UK Free Trade Agreement (FTA) as a landmark achievement that will significantly boost India's engineering exports and deepen bilateral economic ties.
The India-UK Free Trade Agreement (FTA) is set to unlock major export opportunities for several key Indian sectors, offering zero-duty market access and a level playing field in the UK's large and diverse import market.
India's leather and footwear exports to the UK could exceed USD 900 million, marking a major leap forward for the sector. This growth is expected as the India-UK Free Trade Agreement (FTA) opens up new opportunities for small artisans and businesses across the country.