US Commerce Secretary Howard Lutnick stated India must ‘react correctly’ to the US, open its markets, and avoid actions harming America. He emphasized that countries selling to US consumers need to ‘play ball’ with the US President. This follows a recent visit by an Indian delegation to the US for trade discussions aimed at strengthening […]
Howard Lutnick calls for India to ‘open markets’, ‘stop actions that harm America’
India’s landmark trade agreement with the European Free Trade Association (EFTA) bloc becomes operational on October 1. This first-ever pact with a European grouping includes a significant $100 billion investment pledge from EFTA nations over 15 years, aiming to create one million jobs.
India is aggressively expanding its global trade footprint, actively pursuing numerous FTAs across Europe, Asia, and the Middle East. Recent milestones include operationalizing a landmark investment-linked pact with EFTA, accelerating CEPA with the UAE, and advancing talks with the EU, EAEU, and Oman, signaling a strategic push for economic cooperation and influence.
India and Argentina are significantly expanding their agricultural cooperation, marked by recent high-level delegations and a Prime Minister’s visit. Argentina stands as India’s leading and reliable supplier of soybean oil and a key source for sunflower oil, achieving record production and exports. This strengthening bilateral relationship aims for sustained mutual growth, particularly in the vital […]
South Asia analyst Michael Kugelman has highlighted the importance of trade talks between India and the United States, stating that a potential trade deal could serve as a major confidence-building measure and help stabilise the bilateral relationship while easing tensions.
India and the European Union’s 13th round of FTA negotiations in Delhi saw limited progress, particularly in automotive and agricultural sectors. While advancements were made in rules of origin and investment, key disagreements persist in agriculture, chemicals, and automotive standards. The EU highlighted the need for high-level interventions to bridge the gap, with the next […]
India is ratifying the WTO Agreement on Fisheries Subsidies, advocating for stricter rules for nations historically providing high subsidies. New Delhi emphasizes ‘precise’ special treatment for developing countries and calls for balanced disciplines promoting sustainability. It seeks subsidy calculations on a per capita basis and a 25-year exemption to protect its small-scale fishers.
Food security key to wheat export limits: Govt
1 month ago
Food Minister Pralhad Joshi stated the government will consider easing wheat product export restrictions after assessing the planting and production outlook for the season. The flour milling industry requested permission to export up to 1 million tonnes of processed wheat products. The government will evaluate availability and food security before making any decisions regarding export […]
The United States aims to boost energy ties with India. This includes natural gas, coal, nuclear energy, and clean cooking fuels. US Energy Secretary Chris Wright praised India as a “star” in clean cooking fuels. He highlighted India’s growing energy needs and economic dynamism. The US seeks increased energy trade and collaboration with India.
US Secretary of State Marco Rubio said that President Donald Trump imposed tariffs on India for buying Russian oil. Rubio met with External Affairs Minister S Jaishankar to discuss bilateral and international issues. Both agreed to promote a free and open Indo-Pacific region. Trump claimed to have brokered peace between India and Pakistan, among other […]