India aims to sign interim trade deal legal pact with US by March-end: Commerce Secy Rajesh Agrawal

India anticipates finalizing an interim trade deal with the US by the end of March. Commerce Secretary Rajesh Agrawal confirmed the broad outlines are agreed upon. The pact aims to benefit India’s labor-intensive sectors. This agreement is expected to boost Indian exports. Teams are actively working to convert the understanding into a legal document.

Commerce Minister Piyush Goyal has called on Indian exporters to fully utilize new Free Trade Agreements with developed nations. These pacts aim to boost exports of goods and services by providing preferential market access. Exporters are encouraged to enhance quality and competitiveness. The agreements are expected to benefit farmers, artisans, and MSMEs, while protecting key […]

Britain has secured a free trade agreement with India, a rapidly growing economy. This deal positions the UK ahead of the European Union, which reportedly used Britain’s agreement as a benchmark. The pact is expected to boost UK GDP and trade significantly. India will reduce tariffs on a large percentage of UK exports, offering immediate […]

India and Hungary held their 11th round of Foreign Office Consultations, reviewing bilateral ties across political, economic, and technological sectors. Discussions also covered regional and global issues, including Europe and the Indo-Pacific. This meeting reinforces the close and friendly relations between the two nations.

US-India trade agreement: The United States has updated its trade deal fact sheet with India, removing “pulses” from the list of agricultural products eligible for tariff reductions. India now intends to purchase over $500 billion in energy, technology, and other goods from the U.S. as part of the revised agreement, the White House said.

In a major trade agreement with the United States, India is set to abolish its digital services tax, a significant step that could enhance investments in its burgeoning digital industry. The deal also paves the way for reduced tariffs on U.S. industrial and agricultural goods.

India and the United Kingdom have signed a crucial agreement to prevent double social security payments for their citizens on short-term work assignments. This pact, linked to the India-UK Comprehensive Economic and Trade Agreement, will take effect in early 2026. It aims to support professionals and boost bilateral partnerships in the services sector.

In a groundbreaking move, India and the European Union are gearing up to cement a pivotal free trade agreement that stands to link nearly a quarter of the global economy. This union of two major economic powers forms a dynamic market for over two billion individuals.

India’s exports are poised for a record $1,000 billion in 2026-27. New trade agreements with the US and EU are expected to boost orders. Reduced US tariffs on Indian goods offer a competitive edge. Exporters anticipate significant growth in sectors like chemicals, footwear, and marine products. This development signals a promising future for India’s international […]

India is set to conduct over 60% of its trade on preferential terms following recent agreements with the EU, US, and GCC. This strategic move aims to integrate India into global value chains, with exports to these partners showing a significant 8.5% growth, outpacing overall export expansion.