India and the European Union will announce the conclusion of free trade agreement negotiations at a summit on January 27. A security and defence partnership agreement will also be signed. EU leadership will attend India’s Republic Day celebrations as chief guests. Negotiations for the trade pact resumed in 2022 and are in the final stages.
India, EU set to conclude FTA talks on January 27; deal after legal clearances
European Council President Antonio Costa and European Commission President Ursula von der Leyen will be the chief guests at the Republic Day celebrations on January 26, and the India-EU summit will be held the next day.
India-UAE aim to double trade to $200 billion by 2032; ink deals on LNG, defence, and space
5 months ago
India and the UAE have set an ambitious target to double bilateral trade to $200 billion by 2032, signing key agreements in energy, defense, and space. A 10-year LNG supply deal between HPCL and ADNOC was confirmed, bolstering India’s energy security. The nations also advanced defense and space cooperation, signaling a decade of closer economic […]
A major shipbuilding yard is set to be established at Ponnani port in Malappuram, Kerala. This public-private partnership project will be the second largest in the state after Kochi. The facility will initially focus on building small vessels, with plans for larger ships in later phases. The project is expected to create around 1,000 jobs […]
India-US partnership is growing across trade, technology: US Ambassador to India, Sergio Gor
5 months ago
US Ambassador to India, Sergio Gor, on Sunday concluded his ‘successful’ visit to Mumbai, highlighting the growing partnership between India and the United States across trade, technology, education, energy and resilient supply chains.
India-US trade deal: US senators are urging Trump to push India to remove tariffs on American pulse exports. This demand touches upon India’s agricultural policies and its goal of self-reliance in pulses. India’s decision to impose tariffs was to protect its farmers. This could complicate the ongoing trade deal negotiations.
India and EU are on the cusp of a landmark Free Trade Agreement, potentially dubbed the ‘mother of all deals.’ This pact, two decades in the making, aims to boost bilateral trade and investment, offering a crucial diversification avenue amidst rising protectionism. Key sticking points include market access for automobiles and agriculture, but a breakthrough […]
A free trade agreement between India and the European Union is set to boost exports in textiles, pharmaceuticals, chemicals, and engineering goods. Exporters anticipate a doubling of shipments to the EU within three years. This pact offers a stable framework for Indian businesses, aiding long-term investments and market access. It also helps diversify export markets, […]
India-US trade deal: US lawmakers urge President Trump to seek lower Indian tariffs on pulse crops in BTA talks
5 months ago
American lawmakers have asked President Trump to seek better terms for pulse crops in trade talks with India. They state that Indian tariffs put US producers at a disadvantage. India is a major consumer of pulses like lentils and chickpeas. The lawmakers recall past efforts to address this issue. They believe favorable provisions will benefit […]
The Indian Jute Mills Association has asked the government to stop private raw jute trading after March 31. This move aims to control rising prices and ensure fibre availability for mills. The association claims many mills have shut down, leaving thousands jobless. The proposal seeks to stabilize prices and secure jute bag supply for upcoming […]