India and Bahrain have exchanged draft terms to begin CEPA talks, with a Joint Working Group on Trade and Investment in the works. India has shared its JWG composition at the joint secretary level. Meanwhile, India’s discussions with the GCC to finalise a free trade pact continue, with terms with Qatar “substantially finalized.”
India, Bahrain exchange terms of reference to begin trade pact talks
The government has granted a one-year exemption from mandatory quality control for certain imported copper products, specifically for actual users. This decision, made in consultation with the Bureau of Indian Standards, aims to facilitate the import of specialized copper for various sectors. Importers must adhere to specific conditions, including informing BIS and submitting an indigenisation […]
Indian exports look set for strong growth in 2026. Diversification and new trade pacts with the UK, Oman and New Zealand will boost shipments. Despite US tariffs, exports to America surged in 2025. Electronics, engineering, and pharmaceuticals lead the way. Global supply chain shifts and India’s improving business environment support this positive outlook.
India is considering increasing customs duties and offering targeted incentives for goods with high imports despite local production. This move aims to reduce the merchandise trade gap and supply chain dependence, with a list of around 100 items, including engineering goods and consumer products, under review.
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The Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS), valid until March 2036 with a possible extension to 2047.

