India, Germany discuss ways to increase cooperation in trade, investment

India and Germany held discussions in Berlin to bolster cooperation across trade, investment, technology, green energy, and skilling. Minister Piyush Goyal met with German counterparts, exploring avenues to deepen bilateral economic ties and foster business-to-business linkages, particularly in innovation and advanced manufacturing.

India and the United States are deep in conversations about trade, working diligently towards crafting a balanced agreement. The goal is to finalize the initial stage of this pact by the end of 2025, with hopes of enhancing trade relations dramatically. This partnership is vital for fortifying the economic connections between the two nations.

Prime Minister Modi and President Trump’s recent call has boosted trade deal hopes, though finalising it remains challenging. Negotiations are intense, with potential tariff reductions on Indian exports. While Trump claimed discussions on Pakistan and Russian oil, sources deny Pakistan was mentioned, and Trump softened his stance on oil imports.

India and the European Union are pushing to finalize a trade agreement. Commerce Minister Piyush Goyal met with EU Trade Commissioner Maros Sefcovic to resolve pending issues. Goyal will visit Brussels next week to accelerate negotiations. Both sides aim to conclude talks by December. This pact could boost trade in goods and services.

India has strongly opposed a China-led proposal at the WTO for an investment facilitation agreement, citing systemic and legal concerns. New Delhi argued that supporters attempted to pressure members rather than engage meaningfully.

The government is launching inspection drives to ensure compliance with new edible oil regulations, mandating registration and monthly production data submission for manufacturers, processors, and distributors. This move aims to enhance oversight of the sector vital for national food security and enable real-time monitoring for improved policy interventions.

India is actively pursuing a trade deal with the Eurasian Economic Union, aiming to boost its exports to Russia. Bilateral trade has seen a significant rise, with India’s shipments diversifying beyond traditional sectors like machinery and pharmaceuticals to include aluminum and apparel. The nation is also exploring opportunities to export marine and farm goods.

As the rabi sowing season approaches, India is taking decisive steps by expanding its fertilizer imports. Buoyed by a promising monsoon that has enhanced soil moisture levels, expectations are high for a bountiful winter harvest. The imports of urea and di-ammonium phosphate have soared compared to last year, reflecting a strategic move to sidestep last […]

Commerce and Industry Minister Piyush Goyal said the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) has officially come into force. The pact aims to attract $100 billion in investments and generate one million direct jobs in India over the next 15 years.

The European Union Council has announced a new strategy to strengthen political, economic, and security ties with India. The move expands cooperation across trade, technology, defence, sustainable development, and global governance.