Piyush Goyal emphasised the strategic importance of the India-US relationship and the potential for substantial growth in bilateral trade through a well-structured agreement.
EFTA is an inter-governmental organization set up in 1960 for the promotion of free trade and economic integration for the benefit of its four Member States - Switzerland, Iceland, Norway and Liechtenstein.
The EU in its statement noted that Humanitarian principles matter for every conflict around the world and should be applied consistently in every warzone.
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.
Indian industry captains have welcomed the signing of India-UK Free Trade Agreement as they feel the pact will immensely be beneficial for Indian exporters looking to enhance their presence in the UK market.
Commerce Minister Piyush Goyal held a bilateral meeting with the Norwegian Minister of Foreign Affairs Espen Barth Eide, where they discussed the implementation of the India-EFTA Trade and Economic Partnership Agreement.
External Affairs Minister S Jaishankar spoke with US Secretary Marco Rubio on Monday, discussing a broad spectrum of geopolitical regions and stressing the urgency of concluding a bilateral trade agreement between India and the United States.
Bilateral trade between India and the US is likely to be signed by the end of the year, said Arvind Virmani, Member Niti Aayog, while releasing the government think tank's 'Trade Watch July -September 12 FY25' report.
India and New Zealand have announced key agreements, including the launch of Free Trade Agreement (FTA) negotiations, mobility arrangements for professionals, and enhanced cooperation in defense, trade, education, and disaster resilience during New Zealand Prime Minister Christopher Luxon's
The first agreement under the US-Taiwan Initiative on 21st Century Trade officially came into effect yesterday, marking a significant milestone in bilateral trade relations. The pact addresses areas such as customs, regulatory practices, and anti-corruption measures, while both sides continu
Italy had last year pulled out of China's Belt and Road Initiative (BRI), having been the only G7 country to sign up in 2019 to the infrastructure and transportation plan that seeks to build a sort of modern-day Silk Road.
With these new initiatives, India has seen a surprising surge in exports of precious metals, minerals, automobiles, electronics, pharmaceuticals, organic chemicals, textiles, spices and defence equipment.