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 …
Latest CEPA News & Updates
New Delhi, May 4 (IANS) Chairperson of the Policy Research Council of Japan’s ruling Liberal Democratic Party (LDP) Takayuki Kobayashi met Foreign Secretary Vikram Misri before wrapping up his India visit, on Monday. “Both sides reaffirmed the strategic importance of India-Japan relations and agreed to advance bilateral ties in domains of shared interest,” the Ministry of External Affairs (MEA) stated on X.Earlier in the day, Commerce and Industry Minister Piyush Goyal held talks with the visiti…
New Delhi, May 4 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held talks with a Japanese delegation to strengthen bilateral trade and investment relations.”Met the delegation led by Mr Takayuki Kobayashi, Member of the House of Representatives and Chairperson of the ruling Liberal Democratic Party’s (LDP) Policy Research Council, Japan,” Goyal said in a post on X.”Discussed strengthening India–Japan economic engagement, enhancing MSME partnerships, and deepening collaboration…
New Delhi, May 1 (IANS) The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is driving robust trade expansion and opening new avenues for Indian businesses, Union Minister Piyush Goyal said on Friday.Four years after the implementation of the India-UAE Comprehensive Economic Partnership Agreement, the bilateral economic relationship between India and the United Arab Emirates has witnessed significant growth across multiple sectors.Highlighting the progress in a post on social media…
New Delhi, April 23 (IANS) Commerce and Industry Minister Piyush Goyal said on Thursday that the India–South Korea free trade agreement (FTA), signed in 2009 and brought into effect in 2010 during the Congress-led UPA II government, is the result of a poorly negotiated, imbalanced agreement tilted against India.“Since then, bilateral merchandise trade between the two countries has increased by 92.7 per cent, with India’s imports rising by 103.7 per cent, clearly not favouring India. Thus, …
New Delhi, April 13 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said that India and Oman have discussed unlocking opportunities under the proposed CEPA to boost bilateral trade and investment ties for the mutual growth of both nations.The minister shared details of his telephonic conversation with Oman’s Minister of Commerce, Industry and Investment Promotion, Anwar bin Hilal bin Hamdoun Al Jabri, stating that both sides explored ways to deepen economic engagement betwee…
New Delhi, April 7 (IANS) The proposed Comprehensive Economic Partnership Agreement between India and Canada gains huge leverage from the complementary nature of both country’s economies, a new report has said.The report from Asian News Post highlighted that India’s fast‑growing consumer market, strength in services sector and manufacturing push pairs perfectly well with Canada’s resource base, advanced research and clean‑technology expertise.This complementary nature creates a natural b…
New Delhi, March 30 (IANS) Commerce and Industry Minister Piyush Goyal has emphasised the importance of a balanced and responsive World Trade Organization (WTO) that effectively addresses the needs and aspirations of all members, particularly developing countries and Least Developed Countries (LDCs).Goyal had valuable discussions with Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, as part of engagements at the 14th WTO Ministerial Conference (MC14) held in Yaounde, Cameroon.“Acknowledge…
New Delhi, March 3 (IANS) Industry body Apparel Export Promotion Council (AEPC) on Tuesday welcomed the strengthening India‑Canada ties, especially resumption of negotiations on a Comprehensive Economic Partnership Agreement (CEPA), which could significantly boost apparel exports to Canada.Dr A. Sakthivel, Chairman, AEPC, said that the signing of CEPA could double the exports to Canada in next three years, besides creating huge opportunities for investment and job creation.The comprehensive tr…
New Delhi, Feb 19 (IANS) The decision by India and the Gulf Cooperation Council (GCC) to formally restart negotiations on a Free Trade Agreement (FTA) after nearly fifteen years represents a significant geoeconomic inflection point between India and the Gulf states, as the relationship is no longer only energy-driven with the focus on geoeconomic realignments having assumed greater importance, according to a report.The revival of these negotiations is not merely a trade event — it is a strategi…