India, US agree not to seek info on source code

US companies are poised to find it easier to sell products and services in India as the two nations renegotiate a trade agreement, emphasizing the facilitation of digital trade. Both countries have agreed to avoid demanding proprietary information like source code or specific technology access as preconditions for business operations in India.

India and Oman are poised to sign a Comprehensive Economic Partnership Agreement (CEPA) soon, aiming to diversify their trade beyond energy to include more commodities and services. Negotiations have concluded, and both nations are undergoing legislative and administrative processes. The agreement seeks to reduce customs duties and ease norms to boost trade and investment, potentially […]

Commerce and Industry Minister Piyush Goyal will lead a delegation to the US on September 22, 2025, for trade talks aimed at finalizing a mutually beneficial agreement. Discussions follow positive meetings held earlier in September, with both sides keen to intensify efforts.

India’s rapeseed meal exports to China have surged dramatically due to competitive pricing and strong domestic mustard oil demand. This increase contrasts with a decline in soybean meal exports, impacted by cheaper South American prices and competition from DDGS.

Pascal Lamy suggests the US has effectively withdrawn from the WTO, as experts at a CUTS International roundtable emphasized the urgent need for WTO reform. Participants warned that inaction could lead to a significant drop in exports and called for inclusive reforms that benefit SMEs, women, and developing nations.

Non-performing assets (NPAs) in the Micro, Small and Medium Enterprises (MSME) sector may see a marginal uptick, particularly in select export-oriented industries, amid global trade headwinds and portfolio seasoning, according to Crisil Ratings.

The US has linked India’s Russian oil imports to ongoing trade deal negotiations, a move considered unusual. During recent talks, the US team, led by Assistant Trade Representative Brendan Lynch, raised concerns, while India sought the removal of additional tariffs on its Russian energy purchases.

Amid improving trade relations, Commerce Minister Piyush Goyal is expected to visit the US soon following discussions between Indian and American trade negotiators in New Delhi. Both sides aim for an early, mutually beneficial bilateral trade agreement, despite recent tariff impositions by the US on India over Russian oil purchases.

India and New Zealand concluded several chapters of their proposed free trade agreement (FTA) after constructive discussions in the third round of talks. Both countries reaffirmed their commitment to bolster economic ties and aim for an early conclusion of a balanced and mutually beneficial agreement.

India is actively seeking increased foreign investments from the UAE, targeting sectors like infrastructure, technology, and green energy. Both nations are committed to strengthening their strategic partnership, aiming to double non-oil trade to $100 billion. Initiatives like Bharat Mart are underway to support Indian businesses in expanding globally, alongside potential free trade agreements with GCC […]