New Delhi, Feb 24 (IANS) The first round of negotiations for the proposed India-Israel Free Trade Agreement (FTA) began in New Delhi and will continue until February 26, coinciding with Prime Minister Narendra Modi’s visit to Israel on February 25-26, the Ministry of Commerce and Industry said on Tuesday. The ministry said the timing of the talks provides fresh momentum to deepen economic ties between the two countries.The Terms of Reference (ToR) for the agreement were signed in November 2025…
Latest Commerce Secretary Rajesh Agrawal News & Updates
New Delhi, Jan 27 (IANS) India is moving closer to finalising a landmark defence and trade partnership with the European Union, as a high-level EU delegation held discussions with Defence Minister Rajnath Singh in New Delhi on Tuesday. The meeting held at Singh’s office takes place amid broader negotiations to deepen strategic, economic, and security ties between India and the EU.The talks coincide with the four-day visit of European Commission President Ursula von der Leyen, who arrived in In…
New Delhi, Jan 6 (IANS) Recent agreements for expanded maritime cooperation with Russia will increase the global maritime presence of India and will have a positive impact in areas including shipbuilding, Arctic‑capable maritime activities and new trade routes, a report has said.The report from Maritime fairtrade said the partnership is expected to strengthen ties with Russia and facilitate smoother logistical operations, improving trade flows and promoting economic growth for both nations.New…
New Delhi, Jan 5 (IANS) India’s pharmaceutical exports reached $30.47 billion in FY 2024–25, registering a 9.4 per cent year-on-year growth, and are on track to surpass last year’s performance in the current financial year, the Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) informed Commerce Secretary Rajesh Agrawal on Monday.PHARMEXCIL also highlighted India’s position as the third-largest pharmaceutical producer globally by volume and a trusted supplier of affordable, q…
New Delhi, Jan 5 (IANS) When India reached a free-trade agreement with New Zealand in a record time of nine months towards the end of December, this was a clear signal of New Delhi’s plan to diversify the country’s exports away from the US and this approach is expected to gather pace going ahead, according to an article in the South China Morning Post. The article highlights that ever since US President Donald Trump imposed penal import tariffs of 50 per cent on India last year, New Delhi ha…