New Delhi, July 20 (IANS) India and Spain have agreed to advance technical discussions on interoperability between India’s Unified Payments Interface (UPI) and Spain’s Bizum digital payments platform, according to a statement issued by the Commerce Ministry.The issue was taken up during Commerce Minister Piyush Goyal’s visit to Spain as part of his four-nation tour to Europe from July 13 to 18.Goyal held productive discussions with Carlos Cuerpo Caballero, First Vice-President and Minister of …
Latest Carbon Border Adjustment Mechanism News & Updates
Washington, July 8 (IANS) India’s chief negotiator for the landmark free trade agreement with the European Union on Wednesday described the pact as the country’s “most ambitious agreement” to date, saying it would significantly expand market access, strengthen rules-based trade and open new opportunities for labour-intensive industries, services and technology cooperation. Speaking at an event hosted by the Peterson Institute for International Economics, Darpan Jain, Chief Negotiator from India’…
New Delhi, July 3 (IANS) India must strengthen domestic carbon markets and green finance and help micro, small and medium enterprises meet compliance costs as the European Union’s Carbon Border Adjustment Mechanism (CBAM) reshapes export competitiveness, industry experts said on Friday.An event organised by the PHD Chamber of Commerce and Industry (PHDCCI), here drawing senior government officials, industry leaders and experts to discuss CBAM readiness and industrial decarbonisation.Experts in…
New Delhi, June 26 (IANS) India and the European Union have concluded their Free Trade Agreement as both partners seek to diversify their markets amid the global tariff turmoil and the geopolitical landscape after Donald Trump took over as US President, an article said.”As countries seek to diversify away from risky dependencies without retreating from globalisation, trade agreements are increasingly becoming instruments of strategic trust as much as market access,” the article in Modern Diploma…
Washington, May 19 (IANS) India’s shift towards green steel production could help the country avoid nearly $1 trillion in long-term coking coal import costs and strengthen its position in future export markets, according to a new study released by the India Energy and Climate Center (IECC) at the University of California, Berkeley.The report said India’s next phase of steel expansion could otherwise lock the country into around six billion tonnes of coking coal imports over the next four dec…
New Delhi, Jan 29 (IANS) Commerce and Industry Minister Piyush Goyal has strongly countered the Congress’ criticism of the India-European Union free trade agreement, asserting that the deal is not a zero-sum pact but a mutually beneficial one that will fuel India’s economic growth and open up large opportunities for businesses and citizens. The Congress party had earlier raised objections after the India-EU free trade agreement was finalised, questioning the Modi government’s handling of n…