New Delhi, May 6 (IANS) Defence Minister Rajnath Singh held a meeting with Vietnam’s Deputy Prime Minister and Defence Minister Gen Phan Van Giang in New Delhi on Wednesday, with talks focused on adding more vigour to the defence cooperation between two nations. During the meeting, Singh expressed India’s readiness to further deepen strategic partnership with Vietnam. “Had an excellent meeting with the Deputy Prime Minister and Defence Minister of Vietnam Gen Phan Van Giang in New Delhi. India c…
Latest bilateral trade News & Updates
New Delhi, May 6 (IANS) Indian companies have lined up investments worth over $20.5 billion across sectors such as technology, manufacturing and pharmaceuticals in the United States, US Ambassador to India, Sergio Gor, said on Wednesday, describing the momentum as a direct outcome of President Donald Trump’s economic leadership.In a post on social media platform X, the envoy said that 12 Indian companies announced fresh investments worth $1.1 billion in a single day, adding to a growing pipeline…
Washington, May 6 (IANS) The United States trade deficit widened in March as imports outpaced exports, even as the American goods gap with India narrowed compared to the same period last year, according to official data.The US Census Bureau and the Bureau of Economic Analysis said the overall goods and services deficit rose to $60.3 billion in March, up $2.5 billion from a revised $57.8 billion in February.US exports in March stood at $320.9 billion, an increase of $6.2 billion from February, wh…
New Delhi, May 5 (IANS) India and Canada began the second round of negotiations for a bilateral free trade agreement, with the two sides aiming to seal the deal by year-end. The five-day talks in New Delhi come on Monday ahead of the Commerce and Industry Minister Piyush Goyal’s scheduled visit to Canada at the end of this month to accelerate the momentum of the economic engagement as the two countries target increasing bilateral trade to $50 billion by 2030. “The attempt is to fast-track talks …
New Delhi, May 4 (IANS) Commerce and Trade Minister Piyush Goyal on Monday held a review meeting with key officers and chief negotiators to assess the progress of India’s Free Trade Agreements (FTAs).“Discussed ways to encourage more businesses to export from India, further unlocking the country’s potential to export world-class products,” the minister posted on X.“Also, explored avenues to strengthen India’s position in global value chains,” he added.Earlier in the day, Goyal held talks…
New Delhi, May 1 (IANS) India and the African Development Bank Group are expanding cooperation across digital infrastructure, industrial development and finance as preparations gather momentum for the upcoming India-Africa Forum Summit 2026.The summit, scheduled to be held in New Delhi on May 31, is expected to provide a key platform to strengthen economic and strategic ties between India and African nations.The growing engagement aligns with the Bank Group’s strategic priorities under its ‘…
New Delhi, April 28 (IANS) The fourth India-Africa Forum Summit next month could mark the beginning of a more “deliberate, resilient, and equal partnership” between two of the world’s most significant rising powers, a report said on Tuesday. Writing for India Narrative, Nairobi-based journalist Zuri Amondi said that on May 31, leaders from across Africa and India will gather in New Delhi, for the fourth India-Africa Forum Summit — the first in over a decade — calling it renewal rather …
New Delhi, April 27 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held a productive interaction with heads of various Export Promotion Councils (EPCs) here.“Discussed sector-specific priorities and heard their constructive feedback on enabling more Indian businesses to export and unlock opportunities in the global trade landscape,” said the minister on social media platform X.“Also, explored avenues for exporters to leverage the various FTAs India has concluded in the recent…
Nairobi, April 27 (IANS) The 10th meeting of the Joint Trade Committee of India and Kenya was held in Nairobi on Monday.The meeting was co-chaired by Commerce Secretary of India, Rajesh Agrawal and Principal Secretary for Trade of Kenya Regina Akoth Ombam, the High Commission of India in Kenya stated.Both sides held comprehensive discussions on enhancing bilateral trade, improving market access, addressing tariff and non-tariff barriers, and strengthening cooperation in key sectors, including ph…
New Delhi, April 27 (IANS) The Confederation of Indian Industry (CII) on Monday said that New Zealand’s commitment to facilitate $20 billion in investment over 15 years is expected to catalyse the development of industrial infrastructure, manufacturing ecosystems, and innovation clusters across India.Hailing the signing of the India–New Zealand Free Trade Agreement (FTA), the apex industry chamber said that the FTA’s provision of 100 per cent duty-free access for Indian exports is expected…