Union Commerce and Industry Minister Piyush Goyal on Tuesday said that Free Trade Agreement (FTA) negotiations between India and the European Union are in an advanced stage, as the two sides are making significant progress.
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report.
Union Commerce Minister Piyush Goyal criticised analysts and sections of the media for their negative outlook on India's economy, calling them "weak-kneed." Speaking at Bharat Buildcon, he emphasised India's rising global economic prominence, ongoing free trade agreement talks, and governmen
Commerce Minister Piyush Goyal on Friday said Qatar is ready to start trade pact negotiations with India, which was initially indicated during the State Visit of Amir of Qatar, Sheikh Tamim bin Hamad Al-Thani, in February this year.
Former Foreign Secretary and Rajya Sabha MP Harsh Vardhan Shringla remained hopeful that India will soon conclude a "satisfactory mutually beneficial" Free Trade Agreement (FTA) with the US as 50 per cent tariffs are set to kick in on Wednesday.
Georg Enzweiler, Deputy Head of Mission, German Embassy in India, said that Germany would always be in favour of reducing tariffs to the minimum levels, reacting to the reciprocal tariffs imposed by US President Donald Trump.
Noting that United States has benefited greatly from free trade but now is using tariffs as a bargaining chip, Chinese Ambassador to India Xu Feihong has said his country is opposed to US decision to impose 50 per cent tariffs on Indian goods and said that "silence or compromise only embo
Industry leaders on Wednesday called for expanding India's Free Trade Agreements (FTAs) to secure preferential treatment in international markets, while stressing that sustainability and policy support will be critical for positioning India as a global manufacturing hub.
Right after shaking hands with UP CM on the agreement, British High Commissioner expressed confidence over the growing relations between UK and India, with the recently signed Free Trade Agreement (FTA) and Vision 35 helping open up many opportunities for businesses.
During the visit of Chinese Foreign Minister Wang Yi to India, India and China agreed to maintain the momentum of bilateral ties as the countries mark 75 years of their diplomatic ties. The talks between him and EAM Dr S Jaishankar featured several themes such as the changing world situat
India has strengthened its trade ties over the past five years, signing five major Free Trade Agreements (FTAs) and progressing on several new deals, Minister of State for Commerce and Industry Jitin Prasada informed the Rajya Sabha in a written reply this week.