New Delhi, May 12 (IANS) Union Commerce and Industry Minister Piyush Goyal said on Tuesday that the free trade agreement (FTA) between India and Oman signed in December 2025 is expected to come into force from June 1, 2026.”I have had a good meeting with the Oman team today and most probably the Oman free trade agreement will come into effect from June 1, 2026,” the minister said according to multiple reports.A delegation from Oman is in India to discuss ways to boost trade and investments. The …
Latest Comprehensive Economic Partnership Agreement News & Updates
New Delhi, May 8 (IANS) India-UAE ties are deepening across defence, trade, investment and emerging technologies, which reflects a broad-based strategic partnership that continues to expand beyond traditional areas of cooperation, a report has said.The report by The Secretariat noted that Prime Minister Narendra Modi’s proposed stopover in the United Arab Emirates en route to Europe in May underscores the growing importance of the bilateral relationship, particularly at a time of heightened ge…
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 …
Seoul, April 25 (IANS) President Lee Jae Myung returned home from his two-nation swing to India and Vietnam, where he focused on expanding strategic cooperation in energy and supply chains to address uncertainties stemming from the Middle East conflict.Lee wrapped up the six-day trip after holding summits with leaders of the two countries, aimed at deepening economic and strategic ties across various areas, reports Yonhap news agency.On Monday, Lee held a bilateral summit with Indian Prime Minis…
New Delhi, April 23 (IANS) Union Commerce and Industry Minister Piyush Goyal on Thursday held a virtual meeting with Qatar’s Minister of State for Foreign Trade Affairs, Dr Ahmed bin Mohammed Al Sayed, and discussed ways to strengthen bilateral trade and investment ties amid escalating geopolitical tensions.During the interaction, both sides explored opportunities to enhance economic cooperation and improve supply chain resilience in a rapidly evolving global trade environment.Goyal said the d…
New Delhi, April 21 (IANS) India and South Korea have signed a Memorandum of Understanding to bolster cooperation in the Micro, Small, and Medium Enterprises sector as part of efforts to strengthen bilateral economic ties during President Lee Jae Myung’s visit to India. The Memorandum of Understanding was signed between India’s Ministry of Micro, Small, and Medium Enterprises and South Korea’s Ministry of SMEs and Startups, according to an official statement issued on Tuesday.The Memor…
New Delhi, April 20 (IANS) South Korean President Lee Jae Myung said on Monday that he and Prime Minister Narendra Modi agree that India and South Korea can be most ideal partners for comprehensive cooperation to promote mutual growth and innovation. While addressing a joint press meet with PM Modi following their talks in New Delhi, President Lee announced that India and South Korea have agreed to upgrade economic cooperation framework to create new drivers for mutual growth. He stated that Ind…
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 4 (IANS) India has highlighted the potential for growth in exports to Japan in sectors such as textiles, pharmaceuticals, agriculture, and services, at a high-level meeting in Tokyo, for achieving a more balanced bilateral trade relationship, according to a statement issued by the Ministry of Commerce and Industry on Wednesday.During the 7th Joint Committee meeting under the India–Japan Comprehensive Economic Partnership Agreement (CEPA) held this week, both sides reviewed iss…
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…