New Delhi, May 8 (IANS) India and Canada held detailed discussions across a wide range of chapters, including trade in goods, trade in services, intellectual property, rules of origin, sanitary and phytosanitary measures, and technical barriers to trade as part of the second round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA), according to a joint statement issued by the two countries on Friday.The second round of talks hosted by the Commerce Ministry from …
Latest Commerce Ministry News & Updates
New Delhi, May 8 (IANS) Commerce and Industry Minister Piyush Goyal on Friday met senior officials from the French beauty and personal care major L’Oréal Groupe and discussed strengthening sourcing, manufacturing, and exports from the country.“Held a meeting with a delegation led by Vismay Sharma, President–South Asia Pacific, Middle East and North Africa Zone, at @LOrealGroupe. Discussions focused on strengthening sourcing, manufacturing, and exports from India,” Goyal posted on X social…
New Delhi, May 7 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday chaired a brainstorming session along with officials of the Department of Commerce (DoC) and Department for Promotion of Industry and Internal Trade (DPIIT), to explore measures to enhance global exposure for Indian businesses.According to the minister, discussions focused on boosting exports and investments, unlocking opportunities for aspiring exporters, and tapping new global markets.“Also, explored measures to …
New Delhi, May 6 (IANS) India’s total exports of merchandise and services increased by 4.6 per cent to a record high of $863.11 billion during the financial year 2025-26, compared with the corresponding figure of $825.26 billion for the previous fiscal year, despite the US tariff turmoil and uncertainties triggered by geopolitical tensions, the latest figures compiled by the Commerce Ministry showed.Merchandise exports registered a 0.93 per cent growth to $441.78 billion during the financial yea…
New Delhi, April 29 (IANS) India has emerged as a key trading partner for Kenya as bilateral trade grew to $4.31 billion in FY26, while both the countries aim to further strengthen trade and economic cooperation, the government said on Wednesday.Total trade between India and Kenya stood at $4.31 billion in 2025–26, reflecting an increase of 24.91 per cent from $3.45 billion in 2024–25.The 10th session of the India–Kenya Joint Trade Committee (JTC) in Nairobi reviewed the trade ties, which …
New Delhi, April 28 (IANS) Amitabh Kumar, Additional Secretary in Commerce Ministry, urged preserving the World Trade Organization’s (WTO) consensus‑based decision‑making and special and differential treatment for developing countries while warning against rising plurilateral approaches and non‑tariff measures, an official statement said on Tuesday.In a virtual discussion, senior policymakers and experts examined the challenges confronting the WTO’s dispute settlement mechanism, partic…
New Delhi, April 17 (IANS) In view of the evolving geopolitical situation in West Asia and its continuing impact on maritime logistics across the Gulf and adjoining regions, the government has expanded the list of eligible destinations under RELIEF – Resilience & Logistics Intervention for Export Facilitation, a time-bound intervention under the Export Promotion Mission (EPM), the Commerce Ministry announced on Friday.With this expansion, Egypt and Jordan have been added to the list of eli…
New Delhi, April 15 (IANS) India’s total exports (merchandise and services) registered an estimated growth of 4.22 per cent at $860.09 billion in FY26, compared to $825.26 billion in FY25.The cumulative value of merchandise exports during FY26 was $441.78 billion, as compared to $437.70 billion during FY25, registering a positive growth of 0.93 per cent.According to the Commerce Ministry data, the estimated value of service exports during FY26 stood at $418.31 billion, against $387.55 billion …
New Delhi, April 15 (IANS) India’s merchandise trade deficit narrowed to $20.67 billion in March this year as the country’s exports rose 6.3 per cent to $38.92 billion from $36.61 billion in February, according to official figures released by the Commerce Ministry on Wednesday.Commerce Secretary Rajesh Agrawal said that India’s total exports for 2025-26 have crossed $860.09 billion to record a 4.22 per cent growth over the corresponding figure of $825.26 billion for 2024-25. India’s impo…
New Delhi, April 15 (IANS) A team of Commerce Ministry officials is scheduled to visit Washington, DC, next week for trade talks with their US counterparts, according to officials.The talks, being held ahead of US Secretary of State Marco Rubio’s visit to New Delhi next month, will focus on taking forward discussions that have already been held on the interim trade agreement between the two countries, said the official. Earlier, India and the United States decided to reschedule the official me…