Indian equity indices ended on a strong note following a favorable shift in global cues and renewed optimism surrounding a potential India-US trade agreement, as per experts.
BJP MP and Secretary General of the Confederation of All India Traders (CAIT), Praveen Khandelwal said that the traders body will hold an important discussions with business leaders in Delhi on Friday to decide whether the trade agreements with Turkiye and Azerbaijan should be "terminated."
As India and the United Kingdom successfully conclude their Free Trade Agreement (FTA), it has to be ensured that goods traded between the two nations have sufficient local content to prevent Chinese goods from entering markets through the backdoor, according to a report by Canara Bank.
Indian industries are looking forward to more free trade agreements (FTAs) because such trade pacts are the key enablers for participating in the global value chain, said Sanjiv Puri, President of the Confederation of Indian Industry (CII) and Managing Director of ITC.
This development builds on the shared commitment to deepen economic ties and guidance given by Prime Minister Narendra Modi during the visit of Christopher Luxon, Prime Minister of New Zealand in March.
Free Trade Agreements (FTAs) are making India more competitive with markets like the United States of America, China and Brazil, said an official of the Commerce Ministry.
India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA).
The recently concluded Free Trade Agreement between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a report by Bank of Baroda.
After US President Donald Trump announced a new trade agreement with the United Kingdom, he hailed it as the first "fair, open, and reciprocal" deal of its kind, saying it will generate USD 6 billion in tariff revenue and create USD 5 billion in new export opportunities for American produ
India should approach the implementation of the Government Procurement (GP) chapter in the recently concluded India-UK Free Trade Agreement (FTA) with extreme caution, according to a report by the Global Trade Research Initiative (GTRI).
The Indian textile industry has welcomed the India-UK Free Trade Agreement (FTA), calling it a major step towards expanding India's presence in the lucrative UK market.
London [UK], May 7: As the United Kingdom and India announce a historic Free Trade Agreement (FTA), India Global Forum (IGF) and the UK India Future Forum (UKIFF) commend the sustained efforts of both governments in achieving this landmark economic milestone. We acknowledge the complexities