Mauritius’ Foreign Affairs Minister has highlighted the special bond between Mauritius and India, emphasizing India’s role in development projects. He urged Indian investors to use Mauritius as a gateway to Africa. PM Modi’s visit will include National Day celebrations, meetings with dignitaries, and inaugurations of projects supported by India’s grant assistance, along with several MoUs.
Mauritius can be used as a gateway by Indian investors for Africa, says country’s Foreign Minister Dhananjay Ramful
Commerce and Industry Minister Piyush Goyal will discuss trade issues with export promotion councils amid the threat of US reciprocal tariffs. Exporters are concerned about potential impacts on India’s largest trading partner, the US. Importantly, trade negotiations are ongoing, with no agreement yet on tariffs reduction despite recent claims by US President Donald Trump.
India is preparing for a potential bilateral trade agreement with the US, aiming to complete the first phase of negotiations by fall. The commerce ministry is gathering industry wish lists for tariff concessions from Washington. The discussions include reducing tariffs on items such as American nuts and seeking a zero-duty structure for textile trade to […]
India’s thermal coal imports decreased for the sixth consecutive month in February, mainly due to slowed manufacturing activity and increased domestic production. Imports fell by 15.3% to 12.16 million metric tons. While coal consumption is expected to rise during the summer months, it might not boost imports significantly due to growing domestic output.
The European Union’s stringent environmental regulations pose significant challenges in the ongoing free trade agreement negotiations with India. Issues such as the Carbon Border Adjustment Mechanism and privacy data protection laws could impose additional costs on Indian exports, despite efforts for exemptions or compensatory measures.
US tariffs threats by Trump are pushing India to lower trade barriers, spurring competition and growth. Modi sees it as a big opportunity for businesses. Ex-RBI Deputy Governor Viral Acharya expects Indian firms to innovate and improve efficiency. Gradual tariff reductions will boost investments and transformation, leading to higher quality jobs and a larger manufacturing […]
India and the European Union will commence their tenth round of negotiations for a proposed free trade agreement in Brussels. Key issues such as agricultural tariffs, auto import duties, and regulatory barriers will be the focus, with hopes to finalize the deal by the end of the year.
Italian Agriculture Minister Francesco Lollobrigida has called for stronger trade ties with India during the ‘Vinitaly’ trade promotion fair in New Delhi. Highlighting a robust relationship between the governments, he emphasized mutual exports and renewing trade relations.
Fareed Zakaria suggests that a special trade deal between India and the US could benefit India by reducing tariffs, leading to increased efficiency, productivity, and growth. He emphasizes the importance of India integrating into the global economy through broader deregulation and investing in futuristic technologies with western partners.
India is assessing its import basket to create a customized lower tariff structure for the US, considering sectors like agriculture and automobiles. Negotiations for a bilateral trade agreement are advancing, with an emphasis on reducing tariffs and deepening supply chain integration. Experts urge caution, particularly regarding agriculture and technology-led manufacturing, to protect sensitive sectors.