"Textiles remain among the largest employers in the country and a duty-free access to the EU market would be beneficial not only for the sector but also for the broader economy," Singhania said. He added that a favourable agreement with the EU could also strengthen India's position in fut
On being asked if India will be having a meeting with the US delegation, Ashwini Vaishnaw said, "The format of Davos is a format where we generally do panels and bilaterals. The trade meetings take place according to the country's own schedules and negotiations.
Speaking to ANI on the sidelines of the annual summit of the World Economic Forum, the USISPF President stated that both countries are working to find a path forward, emphasising that the bilateral partnership also covers people-to-people ties, technology cooperation, and investment, with tr
India on Friday detailed the first call between External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio held on January 13, covering trade, critical minerals, defence, civil nuclear cooperation and energy. The leaders also exchanged views on regional developments, MEA sp
Commerce and Industry Minister Piyush Goyal on Friday described the proposed Free Trade Agreement (FTA) with the European Union (EU) as the "Mother of all deals".
European Council President Antonio Costa and European Commission President Ursula von der Leyen will visit India to represent the EU at the 16th EU-India Summit, scheduled for January 27.
"We have closed 20 out of 24 chapters completely, there are few issues which are still ongoing negotiations, which we are virtually engaged on a day to day basis, and we are trying to see if we can meet the timeline before our leaders can meet," the secretary said.
Reacting to assertions from the US side that Prime Minister Modi did not call Trump for trade deals, the expert said that negotiations had hit long-standing red lines for India, including farm laws, genetically modified (GMO) exports, the agriculture sector, and data localisation norms.
The Ministry of External Affairs on Friday said it had been close to a trade deal with the US on several occasions, and the characterisation by the US Commerce Secretary Howard Lutnick on it was "not accurate."