The world’s largest container ship, MSC IRINA, has arrived at Vizhinjam International Seaport in Kerala, marking a significant milestone for the newly inaugurated port. With a capacity of 24,346 TEUs, the vessel is designed to enhance trade routes between Asia and Europe. MSC IRINA also features energy-saving technologies to reduce carbon emissions, setting a new […]
World’s largest container ship MSC IRINA arrives at Vizhinjam International Seaport
India’s trade pact with the European Free Trade Association (EFTA)—comprising Switzerland, Norway, Iceland, and Liechtenstein—will take effect by September, Commerce Minister Piyush Goyal said. The deal includes a $100 billion investment commitment over 15 years.
India always ready to conclude trade pact with low hanging fruits: Piyush Goyal on US trade deal
1 year ago
India is keen to finalize a trade agreement with the US by initially focusing on easily achievable aspects, according to Commerce Minister Piyush Goyal. Discussions are underway in New Delhi, with hopes of an interim deal before July 9. Both nations aim to significantly increase bilateral trade to USD 500 billion by 2030, building on […]
Finland’s Ambassador Kimmo Lahdevirta is optimistic about finalizing the India-EU trade deal by year-end, highlighting the “historic” EU Commissioners’ visit to India. He inaugurated Finland’s honorary consulate in Ahmedabad, emphasizing the deepening partnership and growing business interest. Several Finnish companies are keen to invest in Gujarat, focusing on sectors like clean energy and sustainable solutions.
India and EFTA’s trade agreement may start in September. Piyush Goyal mentioned this after the agreement was signed on March 10, 2024. India will receive USD 100 billion investment in 15 years. Approvals are in progress. Goyal is in Switzerland to boost trade. Swiss firms are interested in pharma and cybersecurity sectors. There is excitement […]
Piyush Goyal will visit Switzerland and Sweden this week. He will meet business leaders to discuss trade and investments. The visit aims to strengthen bilateral economic ties. Discussions will cover sectors like pharma, engineering, and high-tech manufacturing. Goyal will also explore opportunities from the India-EFTA agreement. In Sweden, he will co-chair a joint commission.
US and India are in trade talks. A US trade team is in India for negotiations. The team has extended its stay, signaling progress. Both countries aim for an early agreement by July. Reciprocal tariffs are facing legal challenges. Piyush Goyal met Howard Lutnick in May. Lutnick is optimistic about a trade deal soon. India […]
Union Minister Piyush Goyal and UK Foreign Secretary David Lammy convened to enhance bilateral trade and fortify collaboration across sectors, aiming to fully realize their Comprehensive Strategic Partnership. Both leaders lauded the progress in finalizing the historic India-UK FTA, anticipating a significant boost to their growing relationship.
India has implemented anti-dumping duties on insoluble sulphur imports from China and Japan, alongside vitamin-A palmitate from China, the EU, and Switzerland. This action follows a DGTR recommendation to protect domestic industries from unfairly priced imports. The imposed duties, effective immediately, will remain in place for five years, aiming to counter the harm caused by […]
India hits China, Japan and EU with fresh anti-dumping duties on vitamin and rubber chemical imports
1 year ago
The Indian government is placing anti-dumping duties on Vitamin-A Palmitate from China, Japan, Switzerland, and the EU. Duties are also imposed on Insoluble Sulphur from China and Japan. This action protects local manufacturers from low-priced imports. The duties are effective for five years. Investigations revealed unfair pricing practices.