Swiss envoy Maya Tissafi hails India-EFTA trade pact as milestone after 16 years of talks

Switzerland’s Ambassador to India, Maya Tissafi, hailed the India-EFTA free trade agreement as a “very important step” after 16 years of negotiations. The Trade and Economic Partnership Agreement (TEPA), effective October 1, 2025, commits EFTA countries to invest $100 billion and create 1 million jobs in India over 15 years, marking a significant deepening of […]

India’s merchandise trade deficit is projected to widen to $28.0 billion in September 2025, primarily due to a surge in gold imports driven by the festive season. A delay in the US-India trade deal also impacts exports. The deficit is expected to remain elevated, with ongoing trade talks offering a potential for future improvement.

Afghanistan’s Foreign Minister Amir Khan Muttaqi has invited India to invest in the country’s minerals, agriculture, and sports sectors. He also requested India to facilitate trade by opening the Wagah border, calling it the fastest trade route.

India and Canada are discussing ways to boost economic ties. Ministers Piyush Goyal and Maninder Sidhu explored new trade opportunities in clean technology, AI, agriculture, and critical minerals. This comes after past trade agreement negotiations were paused. Discussions aim to build on mutual respect and trust. India’s exports to Canada saw an increase in the […]

The US-China trade war is expected to boost Indian exports to the US, experts say. Higher US tariffs on Chinese goods, rising to 130% from November 1, 2025, make Chinese products less competitive, benefiting Indian exporters, especially in textiles, toys, and other sectors. India exported $86 billion to the US in 2024-25, its largest trading […]

India’s historic trade milestone with the EFTA nations, including Switzerland, Norway, Iceland, and Liechtenstein, officially commenced on October 1, 2025. This landmark agreement promises USD 100 billion in investments and one million jobs over fifteen years, fostering growth in key sectors and facilitating skilled worker mobility.

US tariffs on Chinese goods will rise 100% from November 1, 2025, pushing up prices for EVs, wind turbines, and semiconductor parts, says GTRI. The escalation heightens US-China trade tensions and may force Washington into negotiations over rare earths.

India and Brazil are strengthening trade ties and exploring ways to boost bilateral trade and investment, particularly in response to increased US import tariffs. Discussions under the India-Brazil Trade Monitoring Mechanism focused on expanding preferential trade agreements and enhancing collaboration in key sectors like pharmaceuticals and chemicals.

India and the UK have forged a strategic partnership at India Mobile Congress 2025, pledging £24 million over four years to drive digital connectivity innovation. The India-UK Connectivity and Innovation Centre (CIC) will foster collaboration between researchers, innovators, and businesses, focusing on telecommunications, cybersecurity, and AI’s role in transforming the sector.

The Union Cabinet will soon discuss a new Export Promotion Mission. This mission aims to strengthen India’s export sector. It will provide targeted financial and market support. The focus is on MSMEs and labour-intensive industries. The mission will help exporters gain a competitive edge globally. It addresses both financial and non-financial challenges faced by exporters.