India’s ambitious USD 2 trillion export goal is now projected for around 2032. Global uncertainties and the impact of the Covid-19 pandemic have shifted the timeline from the initial 2030 target. Minister Piyush Goyal expressed confidence in achieving this milestone. Free trade agreements are expected to boost opportunities for domestic exporters, attracting investors through stability […]
India may achieve USD 2 trillion exports target by 2032: Piyush Goyal
India and the US are making significant progress on a bilateral trade agreement, with Commerce Minister Piyush Goyal expressing optimism for a swift conclusion and “good news” soon. Both nations are committed to finalizing the pact, with discussions also covering critical minerals and defense. Recent high-level meetings indicate a renewed push to seal the deal.
India’s trade pact with the European Union is set to significantly boost exports. The agreement, expected this year, will grant 99 percent of Indian goods duty-free access to Europe. This move is projected to double India’s exports to the EU within five years. Businesses are encouraged to expand and capitalize on this opportunity.
Defence expert Douglas MacGregor believes India will not always align with US interests. He criticizes US President Donald Trump’s approach to trade relations. MacGregor highlights India’s historical ties with Russia and downplays expectations of war with China. India is currently negotiating trade deals with the US and other nations.
Sudan’s Foreign Minister Mohieldin Salim Ahmed Ibrahim is in Delhi for the 2nd India-Arab Foreign Ministers’ meeting, underscoring Sudan’s post-war reconstruction needs.
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