Search For "mfn"
EU GSP regulation to impact only 2.66% of India's exports
Updated : 2 months ago IST
The European Union Generalised System of preferences (GSP) regulation impacts only 2.66% of India's exports to the European Union, underscoring the limited trade effect of EU's GSP Regulations 2025, effective from January 1 this year, according to an official from the Commerce Ministry.
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EU pulls tariff preferences on 87 per cent of Indian exports ahead of FTA
Updated : 2 months ago IST
From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less
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"Trade talks with US have moved on quite well," says USISPF President
Updated : 4 months, 1 week ago IST
Aghi, in conversation with ANI, said that they were waiting for the President to take a call on the deal.
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India may gain slight edge as US exempts several agri products from recipr
Updated : 4 months, 1 week ago IST
India is expected to gain a small edge as the US administration has exempted agricultural products from the reciprocal tariffs it had imposed on several countries, said trade think tank GTRI.
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US tariffs will have 50% to 63.9% impact on many Indian merchandise export
Updated : 7 months, 2 weeks ago IST
The cumulative 50 per cent tariffs imposed by the President Donald Trump administration on Indian goods will come into effect exactly a fortnight from now, unless something dramatic happens between the two countries on the trade deal front in the meantime.
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Textile, Sea foods and organic chemical will be severely impacted because
Updated : 7 months, 2 weeks ago IST
The recent move by the U.S. President to raise tariffs on Indian goods to 50 per cent, on top of the existing Most Favoured Nation (MFN) import duties, is set to hit several Indian export sectors hard, according to a report by the Global Trade Research Initiative (GTRI).
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"I expect your immediate action": Trump to Novartis CEO on drug pricing
Updated : 7 months, 2 weeks ago IST
US President Donald Trump warned Novartis to cut drug prices within 60 days or face federal action. He demanded Most Favored Nation pricing for Medicaid and new drugs, and urged profit returns to American patients. Trump said delays could lead to contract termination and Justice Departmen
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"Pakistan set to have a tough time": FIEO CEO on trade fallout after Pahal
Updated : 11 months ago IST
"India did not have good trade relations with Pakistan in any case. Pakistan denied India India Most Favoured Nation (MFN) status, and we imposed a 200 per cent tariff... So it's not great looking into the numbers in comparison to India's overall export of USD 800 billion," Sahai said.
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India-Switzerland economic ties set to strengthen with new investment pact
Updated : 1 year, 1 month ago IST
Alexandre Fasel, the State Secretary for Foreign Affairs in Switzerland on Thursday said that India and Switzerland are poised to strengthen their economic ties through a new bilateral investment treaty.
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Switzerland's MFN clause adjustment won't impact India-Swiss trade relatio
Updated : 1 year, 1 month ago IST
He said, "It will certainly have no impact on this very important free trade treaty, TEPA, which we have concluded and which is now in the process of ratification and should then to interforce in the latter part of the year or at the latest next year."
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India-Switzerland to chalk out new investment pact; no impact of MFN suspe
Updated : 1 year, 1 month ago IST
India and Switzerland are discussing a bilateral agreement on investments. This development was confirmed by Alexandre Fasel, the State Secretary for Foreign Affairs in Switzerland, in an interview with ANI. He said, "One aspect we deem necessary is to have a bilateral investment treaty t
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"We didn't stop trading..." says EAM Jaishankar on trade with Pakistan, ca
Updated : 1 year, 2 months ago IST
External Affairs Minister, S Jaishankar addressed the status of trade relations with Pakistan, clarifying that India has not ceased trade with Pakistan, but rather, it was the Pakistani administration that decided to halt trading in 2019.
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