Prime Minister Narendra Modi met US Vice President JD Vance on Monday and the two leaders welcomed the "significant progress" in the negotiations for a mutually beneficial India-US Bilateral Trade Agreement focused on the welfare of the people of the two countries.
He also conveyed "extreme optimism" about the prospects of securing a trade agreement with Japan, despite recent US-imposed tariffs on its key Asian partner.
Financial advisory firm Prabhudas Lilladher asserted that US tariff war with China is of significant strategic imperative and is unlikely to wane off soon, even if it enters into bilateral trade agreement with various countries.
Calling India and the European Union (EU), like-minded partners and highlighting the increase in partnership between the two for the finalisation of the Free Trade Agreement (FTA), Carnegie Europe Director Rosa Balfour shared the nuances for the FTA on the sidelines of the Carnegie Global
German Ambassador to India and Bhutan, Philipp Ackermann, said that Prime Minister Narendra Modi and the President of the European Commission, Ursula von der Leyen have agreed to negotiate a Free Trade Agreement (FTA) by the end of this year.
He expressed happiness over US President Donald Trump's decision to enforce a 90-day pause on wide-ranging tariffs and lower the reciprocal tariff on India and other countries that have initiated trade talks with the United States during this period to 10 per cent.
During the panel discussion "Tariffied World: T minus" at the Global Tech Summit on Saturday, Balfour said that Europe is accelerating talks with India and has also started talks with several nations, including Asia, Malaysia, the Philippines, and the UAE. She stated that Europe is making
The India-European Union Free Trade Agreement (FTA) negotiations have gained momentum, with both sides aiming to conclude a substantial deal by the end of the year, Herve Delphin, Ambassador of the European Union to India and Bhutan, said on Friday.
Commerce Minister Piyush Goyal on Friday said one cannot compromise with national interest just to meet the trade agreement deadline. At the end of the day, the trade agreements have to be a win-win for both sides.
Jon Simonsson, Senior Director at the Prime Minister's Office, Sweden, said on Friday that the European Union has the "political will" to negotiate a Free Trade Agreement with India.