New Delhi, July 17 (IANS) While New Zealand considered China as a major economic partner for the past several decades, the signing of the FTA with India, followed by the visit of Prime Minister Narendra Modi on July 11, suggests a new shift by New Zealand to expand and balance its economic and security relationships amid growing militarization and politicization in the Pacific, according to an article in The Diplomat.The Indian government has said the FTA is a forward-looking partnership that pr…
Latest Free Trade Agreement News & Updates
Mumbai, July 16 (IANS) The India-UK Free Trade Agreement (FTA) is a historic pact that will boost exports, improve the competitiveness of Indian industries and further strengthen economic ties between the two democracies, NABARD Chairman Dr. Shaji Krishnan V said on Thursday.Speaking to IANS, the National Bank for Agriculture and Rural Development (NABARD) chairman said the agreement marks a significant milestone for both countries by providing zero-duty access for several Indian products while …
New Delhi, July 16 (IANS) The India-EU Trade and Technology Council (TTC) complements ongoing efforts towards an ambitious, balanced and mutually beneficial India-EU Free Trade Agreement (FTA), said Commerce and Industry Minister Piyush Goyal.Co-chairing the Ministerial Meeting on the India-EU TTC in Brussels, the minister said “we reviewed progress across resilient supply chains, critical and emerging technologies, clean energy and innovation, deep-tech startups, green hydrogen, and EVs and b…
New Delhi, July 15 (IANS) India and European Union moved to deepen textile and apparel ties as the Bharat Tex Trade Federation and France’s Première Vision signed a Letter of Intent (LoI) to boost trade, innovation and sustainable sourcing, an official statement said on Wednesday.The statement from the Ministry of Textiles said the partnership will also promote innovation, sustainability, design excellence, trend intelligence and global sourcing across the textile value chain.It will create new…
Brussels, July 15 (IANS) External Affairs Minister (EAM) S Jaishankar and his counterpart from Belgium, Maxime Prevot, on Wednesday reviewed bilateral cooperation, including in political, economic, investments, clean energy, defence, mobility and pharmaceutical domains. The two leaders focused on opportunities in ports, maritime, semiconductors and broader cooperation for supply chain de-risking. The discussions were held during the inaugural India Belgium Strategic Dialogue in Brussels on Wedne…
Brussels, July 15 (IANS) External Affairs Minister (EAM) S Jaishankar said on Wednesday that the international situation wants nations like India and Belgium, which have a close relationship, to engage more deeply. In his opening remarks at the India-Belgium Strategic Dialogue with his counterpart Maxime Prevot in Brussels on Wednesday, EAM Jaishankar said that both countries have an opportunity of not just building on the current “very substantive relationship”, but can also do a lot in the fie…
New Delhi, July 14 (IANS) The India-UK Free Trade Agreement (FTA), which comes into force on Wednesday, represents a “gold standard” FTA due to its wide sectoral coverage that includes farmers, seafood exporters, and labour-intensive industries such as textiles, which will benefit from significant reductions in both tariff and non-tariff barriers, Commerce Secretary Rajesh Agrawal said on Wednesday.”This is one of the first free trade agreements (FTAs) of its kind, which establishes a future…
New Delhi, July 14 (IANS) India and Poland are discussing the possibility of manufacturing certain defence platforms in India, Wladyslaw Teofil Bartoszewski, Poland’s Secretary of State and Deputy Foreign Minister, said on Tuesday.”India is interested in specific defence platforms that we (Poland) produce, and we are talking about the possibility of producing them in India with some Indian content. We are also talking about possibilities of producing some Indian platforms in Poland with Polish i…
New Delhi, July 14 (IANS) The government on Tuesday said that the first round of negotiations for the India-Maldives Free Trade Agreement (FTA) have been concluded successfully towards expanding bilateral trade and investment engagement.India is the second-largest trading partner of the Maldives. Bilateral trade between the two countries stood at $771.76 million in 2025–26, compared to $679.70 million in 2024–25, registering a growth of 13.54 per cent.According to a Commerce Ministry stateme…
New Delhi, July 13 (IANS) India and Spain should look at increasing their bilateral trade and investments 10 times in the next 10 years, Commerce and Industry Minister Piyush Goyal said on Monday.He said that advanced manufacturing, mobility, railways, sustainability, innovation, arts, science, and culture are some of the areas of greater collaboration between India and Spain.“India and Spain must look at a 10x10x10 partnership. We must look at increasing our bilateral trade 10x in the next 10…