Ottawa, Feb 23 (IANS) Expanding Canada-India relationship will be in focus as Canadian Prime Minister Mark Carney visits India later this week during which he will first travel to Mumbai and then visit New Delhi, where he is scheduled to hold talks with Prime Minister Narendra Modi. “The leaders will focus on elevating and expanding the Canada-India relationship, with ambitious new partnerships in trade, energy, technology and artificial intelligence (AI), talent and culture, and defence. He wil…
Latest bilateral trade News & Updates
New Delhi, Feb 18 (IANS) Prime Minister Narendra Modi on Wednesday shared an article authored by President Aleksandar Vucic of the Republic of Serbia, in which the Serbian leader reflects on artificial intelligence, India’s growing role in the global AI ecosystem, and his personal admiration for the country. Taking to the social media platform X, the Prime Minister described the piece as both insightful and warm in its tone towards India.“A fine article by President Aleksandar Vučić of the…
Kuala Lumpur, Feb 6 (IANS) Ahead of Prime Minister Narendra Modi’s two-day visit to Malaysia, ASEAN India Economic Council Chairman and veteran Malaysian entrepreneur Dato Ramesh Kodammal said it comes at a crucial moment for deepening bilateral ties. Highlighting Malaysia’s strategic role within ASEAN and the growing Indian diaspora, Kodammal described the visit as a long-overdue opportunity to elevate bilateral relations, expand trade cooperation, and strengthen engagement in emerging sect…
New Delhi, Feb 2 (IANS) Trade in goods and services between Finland and India currently stands at around 3 billion euros and could double by 2032, driven by the benefits of the recently concluded EU-India Free Trade Agreement (FTA), Finland’s Ambassador to India, Kimmo Lahdevirta, said on Monday.Speaking to IANS, Ambassador Lahdevirta described the EU-India FTA as a historic milestone, calling it the largest trade deal ever concluded by either the European Union or India.“Trade in goods and …
New Delhi, Jan 30 (IANS) India’s recent free trade agreements (FTAs) reflect a strategic shift from defensive trade policy toward a targeted, growth-driven approach, which is focused on partners where trade complementarities are already strong, logistics are efficient, and economic interests are aligned, an Australian media article said.In a decisive departure from earlier trade strategies, India is increasingly choosing partners where bilateral trade was already expanding and where agreements…
New Delhi, Jan 28 (IANS) Lithuania’s Ambassador to India, Diana Mickeviciene, has described the proposed European Union–India Free Trade Agreement (FTA) as a “historic” and transformative pact, calling it the “mother of all deals” for its scale, scope and geopolitical significance.Speaking to IANS in an exclusive interview Diana Mickeviciene expressed strong enthusiasm on behalf of Lithuania and the wider EU. She said the agreement goes far beyond a conventional trade arrangement.“…
New Delhi, Jan 20 (IANS) Germany has strengthened its relations with India amid dramatic geopolitical shifts and supply chain vulnerabilities that have come to the fore in the global economy. Chancellor Friedrich Merz sees India “as a partner of choice” for Germany, offering vast opportunities amid global uncertainties.For Germany, Europe’s economic powerhouse, this partnership promises substantial benefits: enhanced market access, reduced dependency on China, bolstered defence exports, an…
New Delhi, Jan 10 (IANS) The India–Oman CEPA establishes a comprehensive framework covering trade in goods and services, investment, professional mobility, and regulatory cooperation, while maintaining a balanced approach to market access and safeguards — expected to boost bilateral trade, generate employment, strengthen supply chains, and support deeper and more sustained economic engagement between India and Oman, an official statement said on Saturday.Trade and commerce have been a key pil…
New Delhi, Dec 25 (IANS) Strengthening business linkages and sustained investment flows between India and Nepal are expected to drive bilateral trade into a new growth phase, with volumes likely to double by 2030, according to an article in Nepalese media. Bilateral trade remains the most visible and measurable pillar of India–Nepal economic relations, reflecting both geographic proximity and deep-rooted interdependence.India accounts for over 64 per cent of Nepal’s total trade, underscoring i…
Washington, Dec 23 (IANS) The United States and India must conclude a long-pending trade agreement to unlock deeper economic integration and reinforce business confidence on both sides, Atul Keshap, President of the US-India Business Council (USIBC), said following a recent visit to India. Keshap said he travelled to India with USIBC Chair Ed Knight to hear directly from Indian leaders and businesses about their views on America, trade negotiations and investment flows.“We wanted to hear from …