New Delhi, July 24 (IANS) India and Israel concluded the second round of four-day negotiations for the proposed Free Trade Agreement (FTA) here, as both sides held detailed discussions across all areas of the proposed agreement and continued to make progress towards a balanced, comprehensive and mutually beneficial FTA, according to a statement issued by the Commerce Ministry on Friday.During this round, technical experts from both sides held dedicated sessions covering trade in goods, trade in …
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New Delhi, July 23 (IANS) India reaffirmed its commitment to an open, transparent and WTO‑consistent multilateral trade regime at the country’s Eighth Trade Policy Review (TPR), which concluded on Thursday at the World Trade Organization in Geneva. In his closing statement to the WTO Membership, Commerce Secretary Rajesh Agarwal highlighted India’s commitment to an open, transparent and predictable trade and investment regime. He underlined that India’s tariff reforms, customs simplifica…
Manila, July 23 (IANS) External Affairs Minister (EAM) S. Jaishankar met new UK Foreign Secretary Ed Miliband in Manila on Thursday, where the two leaders discussed deepening bilateral ties following the implementation of the India-UK Free Trade Agreement (FTA). Both sides also reaffirmed their shared commitment to strengthen the Comprehensive Strategic Partnership between the two countries.Sharing the details of the meeting, EAM Jaishankar took to X and posted: “First meeting with Foreign Sec…
Mumbai, July 22 (IANS) The proposed India–New Zealand Free Trade Agreement (FTA) is expected to come into force soon and, together with the newly elevated Strategic Partnership between the two countries, is expected to help double bilateral trade by 2030, New Zealand’s Trade Commissioner and Consul-General to India and South Asia, Graham Rouse, said on Wednesday.In an exclusive interview with IANS, Rouse said the recent elevation of India–New Zealand ties to a Strategic Partnership marks a h…
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…
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…