Latest Free Trade Agreements News & Updates

New Delhi, Jan 16 (IANS) Commerce and Industry Minister Piyush Goyal on Friday said that India’s recent free trade agreements (FTAs) with developed economies provide significant opportunities for startups and entrepreneurs.Addressing the ‘Startup Pe Charcha’ interaction at Bharat Mandapam here, the minister said that these trade agreements create certainty and confidence for investors while opening new markets for Indian goods and services.He encouraged startups to explore startup-to-start…

New Delhi, Jan 4 (IANS) Exports of Ayush and herbal products have registered a growth of 6.11 per cent, increasing from $649.2 million in 2023–24 to $688.89 million in 2024–25, the government said on Sunday.Following the establishment of Ayush Export Promotion Council (AYUSHEXCIL), this growth has accelerated, reflecting enhanced global outreach and rising international demand for India’s traditional medicine and herbal products, according to Commerce Ministry.The Ayush Export Promotion Co…

New Delhi, Dec 31 (IANS) The launch of the Market Access Support Intervention scheme under the Export Promotion Mission by the government marks a strategic shift in country’s export strategy, aimed at strengthening international market access for India’s exporters, particularly micro, small and medium enterprises (MSMEs), and first-time exporters, the PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday.The Market Access Support Intervention (MAS) addresses structural constraints …

New Delhi, Dec 25 (IANS) India saw highest engineering exports of this fiscal at $11.01 billion in November, driven by a favourable base effect and a sharp jump in shipments to the US and EU, industry data showed on Thursday.Exports to India’s top two major destinations, the US and the EU, jumped significantly in November this year. Exports to the EU witnessed a hefty 39 per cent increase in November after declining in the previous two months.During November this year, engineering exports achiev…

New Delhi, Dec 23 (IANS) Union Minister of Commerce and Industry Piyush Goyal said that public sector banks (PSBs) have emerged as strong and competitive institutions, standing shoulder to shoulder with private and foreign banks in supporting India’s growth.Addressing the MSME Banking Excellence Awards here, Goyal highlighted the banking system’s role in extending timely, adequate credit to micro, small and medium enterprises (MSMEs), according to an official statement.The minister noted tha…