US revokes sanctions exemption on Iran’s Chabahar Port: What it means for India’s strategic gateway

The US decision to revoke sanctions exemptions for Iran’s Chabahar Port poses a significant threat to India’s strategic connectivity project. This move jeopardizes India’s ability to bypass Pakistan and access Afghanistan and Central Asia for trade and humanitarian aid. The port serves as a crucial counterweight to China’s influence in the region.

In August, India and the EAEU comprising Armenia, Belarus, Kazakhstan, Kyrgyz Republic and the Russian Federation signed the terms of reference to launch negotiations for FTA. With a combined GDP of $6.5 trillion, the proposed FTA is expected to expand market access for Indian exporters.

The European Commission and the High Representative adopted a Joint Communication outlining a ‘New Strategic EU-India Agenda’, marking a significant milestone in the India-EU relations, according to an official EU statement.

Commerce and industry minister Piyush Goyal will visit the United Arab Emirates from September 18–19 to review progress on bilateral trade and investment initiatives, the government said on Wednesday. Goyal will co-chair the 13th India-UAE High Level Task Force on Investments with Sheikh Hamed bin Zayed Al Nahyan, managing director of the Abu Dhabi Investment […]

The Prime Minister’s Office is engaging with corporations to mitigate the impact of US tariffs. Shaktikanta Das met with company executives to discuss reforms for economic growth. The government is forming a panel to streamline tax and export processes. India and the US are negotiating a trade deal. Talks between the two countries are positive.

With the India-EFTA partnership set to begin this October, India anticipates around USD 100 million in investments over the next 15 years. India and Norway are collaborating on environmental initiatives, including preventing pollution, with USD 7.5 million spent on joint projects in 2023.

India and the US held positive trade discussions in New Delhi. Both sides aim for an early, mutually beneficial trade agreement. The US team was led by Brendan Lynch. This meeting was the first after the US imposed tariffs on India over Russian oil purchases. Discussions covered various aspects of the trade deal.

The United States has declined India’s request for discussions at the World Trade Organization regarding tariffs on copper. Washington argues these tariffs are not safeguard measures. This marks the third instance of the US refusing such consultations with India. The US imposed a 50% tariff on copper imports under Section 232 of its Trade Expansion […]

Narendra Modi spoke with Mette Frederiksen on Tuesday They reaffirmed support for the India-EU FTA. Discussions covered the Green Strategic Partnership. This includes trade, energy, and sustainable development. Modi wished Denmark success in its EU Council Presidency. They exchanged views on Ukraine. Modi reiterated India’s support for a peaceful resolution. Frederiksen supports India hosting the […]

India and the US have expressed optimism regarding their ongoing trade negotiations, agreeing to accelerate efforts towards a mutually beneficial trade agreement. Discussions between officials from both nations, led by Chief Negotiator Brendan Lynch from the United States Trade Representative, covered various aspects of the proposed deal. This resumption of talks signals a renewed commitment […]