New Delhi, Feb 9 (IANS) The India-US Bilateral Trade Agreement (BTA) marks a major milestone in India’s global trade engagement, securing sustained preferential access for exports in the US market valued at over $30 trillion, according to an official statement issued on Monday.The agreement delivers comprehensive tariff rationalisation, zero-duty access across large product categories, enhanced digital and technology cooperation, and a carefully calibrated framework to safeguard India’s farm…
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New Delhi, Feb 8 (IANS) Union Agriculture Minister Shivraj Singh Chouhan said on Sunday that many agricultural products of Indian farmers will now be exported to the United States of America with zero tariffs and American farmers’ agricultural products will not receive this concession in the Indian market. Stressing that India’s interests in agriculture and dairy are fully protected, the Union Minister added that the US has made significant reductions in tariffs on many products in the agricultu…
New Delhi, Feb 7 (IANS) Reiterating that India has completely protected its agriculture and dairy sectors in the US trade agreement, Commerce and Industry Minister Piyush Goyal said on Saturday that the country now has lowest US tariffs among its neighbours as well as competitors.China has been imposed with over 35 per cent tariffs, while Bangladesh and Vietnam have been slapped with 25 per cent tariffs while India has a much lesser tariff now, the minister said during a press conference here.So…
New Delhi, Feb 3 (IANS) India’s trade deal with the United States will not compromise the country’s agriculture and dairy sectors, Commerce and Industry Minister Piyush Goyal asserted on Tuesday following widespread criticism by the opposition. Implying that opposition parties have found the taste bitter even before the pudding has been brought out, the minister also pointed out that though formalities have been completed, the trade deal has not yet been inked.Washington does gain market acc…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman’s Budget 2026-2027 speech on Sunday reflected the Centre’s push to strengthen the fisheries sector and a robust support for animal husbandry in rural and peri-urban areas to spur farm sector growth.India’s fisheries and animal husbandry sectors are vital pillars of rural livelihoods and national food security, contributing significantly to the agricultural GDP and employment.As part of increasing farmers’ income, the Budget includ…
New Delhi, Jan 14 (IANS) India and the European Union are in the final stages of negotiating a landmark Free Trade Agreement (FTA), which could reshape India’s trade landscape with its largest partner for goods.Some reports have tied German Chancellor Friedrich Merz’s just-concluded India visit to the ongoing India-EU talks. His trip is being seen as having underscored Germany’s push to fast-track the deal, highlighting trade, investment, and green technology as priority areas.Merz’s Jan…
Bhopal, Jan 11 (IANS) Madhya Pradesh is set to usher in a transformative era for its farming community as the state officially launches “2026” as the ‘Agriculture Year’ with a grand rally and mega programme scheduled for Sunday at ‘Jumboori Maidan, BHEL’, Bhopal.The year-long initiative, carrying the powerful tagline ‘Prosperous Farmers – Prosperous State’, aims to make agriculture more profitable, sustainable, technology-driven, and a major engine for youth employment and rural self-reliance….
New Delhi, Dec 23 (IANS) The India-New Zealand Free Trade Agreement reflects a defining moment in India’s trade diplomacy, opening new avenues for comprehensive economic cooperation, according to an official statement.By securing improved market access for Indian goods, expanding opportunities in services and mobility, and deepening collaboration in agriculture, investment and emerging sectors, the Agreement delivers tangible and wide-ranging benefits across the economy.The FTA eliminates duty…
New Delhi, Dec 22 (IANS) New Zealand and India have concluded a Free Trade Agreement (FTA), offering New Zealanders unprecedented access to 1.4 billion Indian consumers, Trade and Investment Minister Todd McClay announced on Monday.This historic FTA eliminates and reduces tariffs on 95 per cent of New Zealand’s exports — among the highest of any Indian FTA — with almost 57 per cent being duty-free from day one, increasing to 82 per cent when fully implemented, with the re…