India is actively pursuing free trade agreements with various countries. The focus is on developed nations, mineral-rich countries, developing economies, and neighboring countries. Negotiations are underway with the United States, the European Union, Chile, and others. The government aims to secure critical resources and boost exports.
India builds 4-lane FTA roadmap: US and EU in sight, minerals and neighbours next
Colloidal precious metals refer to mixtures where nanoparticles of gold or silver are suspended in a liquid. Industry specialists have said that certain importers were exploiting this method to bring in goods from nations such as Thailand.
The Indian government has implemented anti-dumping duties for five years on aluminium foil, Pretilachlor, and Acetonitrile imports from China, Taiwan, and Russia. This action follows investigations by the Directorate General of Trade Remedies, which revealed that these countries were engaging in unfair trade practices by selling these goods at significantly lower prices, thereby harming domestic […]
Commerce and Industry Minister Piyush Goyal stated India is prioritizing strong trade agreements with developed nations, citing deals with the UK, Australia, UAE, and EFTA. Goyal criticized past agreements with competitors like ASEAN, indirectly benefiting China. The focus now shifts to complementary economies like New Zealand and the Gulf region, alongside ongoing talks with Chile […]
China is poised to significantly increase its rapeseed meal imports from India, potentially reaching a record 500,000 metric tons in the 2025/26 marketing year. This surge follows China’s imposition of a 100% tariff on Canadian rapeseed meal, making Indian supplies more competitive. Increased crushing in India, driven by Chinese demand, is also boosting rapeseed oil […]
Piyush Goyal emphasized India’s strategic shift towards trade agreements with complementary economies, citing deals with the UK, Australia, and the UAE. He highlighted the UK-India FTA’s potential to boost science, technology, and innovation, fostering collaboration and trust.
Commerce Minister Piyush Goyal stated that the India-UK social security agreement, termed the Double Contribution Convention Agreement (DCCA), was a non-negotiable part of FTA discussions. This agreement exempts Indian professionals on short-term assignments in the UK from paying social security contributions there for up to three years.
Commerce and Industry Minister Piyush Goyal is in London to advance the India-UK Free Trade Agreement, aiming to eliminate duties on key exports and imports. Discussions with UK officials will focus on finalizing the FTA, boosting trade and investment, and doubling trade to USD 120 billion by 2030.
Indian refiners have cancelled orders for 65,000 metric tons of crude palm oil due to a sudden surge in Malaysian prices. This decision, impacting deliveries from July to September, was driven by refiners seeking to secure profits amidst market volatility.
Good news for pharma exporters. The government has approved the export of pharma-grade sugar. This move allows up to 25,000 tonnes to be exported each financial year. Only genuine pharmaceutical exporters can take advantage of this opportunity. In related news, the Trade Connect ePlatform now features a ‘Source from India’ option. This will help connect […]