New Delhi, April 30 (IANS) Ayush Ministry said on Thursday that the conclusion of the India–New Zealand Free Trade Agreement (FTA) marks a significant milestone in India’s global outreach in traditional medicine and holistic healthcare, placing Ayush systems at the centre of a new framework for international cooperation.The pact not only expands India’s trade footprint but also opens unprecedented opportunities for global recognition, mobility, and institutional collaboration for India’s…
Latest FTA News & Updates
Seoul, April 28 (IANS) South Korea and Singapore officially kicked off negotiations for improving their bilateral free trade agreement (FTA) this week, Seoul’s trade ministry said on Tuesday, amid the two countries’ push to deepen economic ties in the face of global trade uncertainties.The two countries held the first round of FTA improvement negotiations in Singapore, discussing issues in supply chains, the green economy and maintenance, repair and overhaul in the aviation industry, as well as …
New Delhi, April 28 (IANS) New Zealand Trade and Investment Minister Todd McClay has said that the India-New Zealand FTA serves as a beacon a bright light that shows how negotiating high-quality agreements and honouring commitments can help economies grow, which ultimately benefits our citizens.McClay, in an exclusive interview to IANS, said that the benefit of the proposed deal is fruitful for commoners of both countries.Here are the full excerpts of the interview:IANS: When will the India–Ne…
New Delhi, April 27 (IANS) Leading business chamber Assocham on Monday signed a Memorandum of Understanding (MoU) with the India-New Zealand Business Council (INZBC) to develop a structured plan of action to facilitate and formalise industry-led initiatives under the India–New Zealand FTA and to ensure that businesses on both sides can effectively leverage the opportunities arising from the agreement.Strengthening connectivity and human links will be central to unlocking the full potential of …
New Delhi, March 30 (IANS) Commerce and Industry Minister Piyush Goyal has emphasised the importance of a balanced and responsive World Trade Organization (WTO) that effectively addresses the needs and aspirations of all members, particularly developing countries and Least Developed Countries (LDCs).Goyal had valuable discussions with Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, as part of engagements at the 14th WTO Ministerial Conference (MC14) held in Yaounde, Cameroon.“Acknowledge…
New Delhi, March 25 (IANS) India will adopt a constructive, balanced and development-oriented approach at the upcoming WTO Ministerial Conference (MC14) — scheduled to be held from March 26-29 in Yaounde, Cameroon, the government said on Wednesday.India’s delegation will be led by Commerce and Industry Minister Piyush Goyal, along with senior officials, technical experts and representatives from various ministries.The discussion will focus on WTO reform, the e-commerce work programme and mora…
New Delhi, March 10 (IANS) The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) has completed two years since its signing, with the government on Tuesday highlighted that the pact is strengthening cooperation in trade, investment, services and technology.The agreement, which came into effect on October 1, 2025, is expected to deepen India’s economic ties with the EFTA member countries — Iceland, Liechtenstein, Norway and Switzerland …
Mumbai, Feb 28 (IANS) India and the European Union have agreed to give each other Most-Favoured-Nation (MFN) treatment for five years after their proposed free trade agreement (FTA) comes into force. The move is aimed at ensuring fair and equal treatment in trade in services between both sides.Under the MFN provision, service sectors and service providers from India and the European Union will be treated at least as favourably as those from any other country.This means neither side can give bett…
Tel Aviv, Feb 26 (IANS) Prime Minister Narendra Modi and Israel’s Prime Minister Benjamin Netanyahu on Thursday emphasised the importance of unlocking the full potential of bilateral trade and investment between India and Israel, according to the joint statement issued after the successful conclusion of the summit. The Prime Ministers affirmed their commitment to integrating India’s and Israel’s advancements in AI, cybersecurity, semiconductors, quantum computing, biotechnology, agriculture an…
New Delhi, Feb 19 (IANS) The decision by India and the Gulf Cooperation Council (GCC) to formally restart negotiations on a Free Trade Agreement (FTA) after nearly fifteen years represents a significant geoeconomic inflection point between India and the Gulf states, as the relationship is no longer only energy-driven with the focus on geoeconomic realignments having assumed greater importance, according to a report.The revival of these negotiations is not merely a trade event — it is a strategi…