Trade tariffs: India will never compromise on interests of farmers, says Union minister Chouhan

Union Agriculture Minister Shivraj Singh Chouhan stated that India resisted US demands to import agricultural goods. This decision protects Indian farmers from unfair competition. Chouhan highlighted Prime Minister Narendra Modi’s call to buy indigenous products. He emphasized India’s confidence and talent. Relations between India and the US are strained due to increased tariffs.

The Indian government has lowered the minimum export price (MEP) for natural honey from USD 2,000 to USD 1,400 per tonne until December 31, 2025, as announced by the Directorate General of Foreign Trade. This revision, effective immediately, aims to boost exports, which reached USD 177.52 million in 2023-24, with key destinations including the US, […]

Madhya Pradesh aims for self-reliance and seeks central support for progress. The state focuses on growth without borrowing and has narrowed its fiscal deficit. Exports contribute significantly to the state’s economy. Madhya Pradesh encourages investments through reforms, incentives, and streamlined processes. The state promotes job creation and aims to double its budget in five years.

Indian Ambassador Vinay Mohan Kwatra engaged with US Congressmen on trade. Discussions focused on fair and mutually beneficial economic cooperation. This comes amid tariff disputes over India’s Russian oil purchases. Kwatra emphasized the importance of hydrocarbon purchases from the US for India’s energy security. White House Trade Advisor Peter Navarro criticized India’s oil purchases from […]

Indian envoy Vinay Mohan Kwatra engaged with US lawmakers, advocating for equitable trade relations amidst existing tariff disagreements. He emphasized the need for balanced and mutually advantageous trade ties during discussions with multiple congressmen. Kwatra also highlighted India’s increasing acquisition of hydrocarbons from the United States as crucial for its energy security.

India is actively engaged in free trade agreement (FTA) negotiations with key global partners, including the European Union, the United States, Chile, and Peru. Commerce Minister Piyush Goyal highlighted the continuous efforts, with discussions spanning across different time zones to accommodate various countries. Talks with the US are ongoing, despite a recent tariff increase imposed […]

India and Australia concluded the 11th round of negotiations in New Delhi, aiming to broaden their economic partnership through a Comprehensive Economic Cooperation Agreement (CECA). Discussions encompassed goods, services, digital trade, and various regulatory aspects. Both nations are committed to maintaining momentum through virtual sessions, striving for an early and mutually beneficial agreement.

India’s seafood exports remained relatively stable at USD 7.45 billion in 2024-25, although the volume of shipments decreased to 16,98,170 tonnes. Frozen shrimp continued to be the top export, with the United States and China being the primary importers of Indian seafood. The US imported seafood worth USD 2.71 billion.

Piyush Goyal emphasized that India’s trade decisions are driven by national interest, not geopolitics, even amidst tariff threats from the US. The government is strategically exploring alternative trade partnerships and addressing concerns related to existing agreements like the one with ASEAN. Furthermore, efforts are underway to enhance ease of doing business through decriminalization and GST […]

Commerce and Industry Minister Piyush Goyal emphasized that India’s trade negotiations prioritize national interest and industry needs. He highlighted ongoing discussions with the EU and plans for more trade agreements, while also addressing concerns about the ASEAN FTA’s impact on domestic industries. Goyal underscored India’s economic resilience and proactive approach to trade, aiming for fairness […]