Mumbai, July 20 (IANS) The recently concluded India-United Kingdom Free Trade Agreement (FTA) is a landmark development that is expected to provide a major boost to Indian businesses across sectors, with benefits extending from large corporations to micro, small and medium enterprises (MSMEs), an industry body said on Monday.Speaking exclusively to IANS, Indian Merchants’ Chamber (IMC) President Prof. Mahendra Kumar Chouhan described the agreement as a “historic step” that would strengthen India…
Latest FTA News & Updates
Auckland, July 11 (IANS) Indian and New Zealand on Saturday announced to work together on next steps for the India-New Zealand Free Trade Agreement (FTA) to ensure its early entry into force and effective implementation.Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon also announced to work towards doubling bilateral two-way trade in goods and services to NZ$7 billion (Rs 35,000 crore) by 2030.The FTA, signed on April 27 this year, removes tariffs on 100 per cent of…
New Delhi, July 10 (IANS) New Zealand’s Minister for Trade and Investment, Hon Todd McClay, on Friday described Prime Minister Narendra Modi’s upcoming visit to New Zealand as a very significant milestone, saying it comes at a transformative moment in bilateral ties following the signing of the India-New Zealand Free Trade Agreement (FTA).In an exclusive interview with IANS, McClay said the FTA would unlock new opportunities across trade, technology, agriculture and investment, while also streng…
New Delhi, July 9 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said he was delighted to interact with the MP LEAD Fellows and hear their insightful ideas, aspirations and commitment towards India’s progress.In a post on X, Goyal said they discussed the transformative journey towards Viksit Bharat 2047, the role of youth in nation-building, and the importance of informed participation in shaping public policy. “The interaction also highlighted the significant contribution of M…
New Delhi, July 6 (IANS) Major benefits have already accrued from the recently signed New Zealand–India free trade agreement, Trade Minister Todd McClay said, with export volumes and visitor arrivals from India rising even before the pact formally enters into force, a new report has said.The report from Australia-based Mirage News said around 8,000 Indian visitors arrived in April 2026, a sharp increase from previous years, marking a major impact of the FTA.”The New Zealand-India FTA has been …
New Delhi, July 4 (IANS) Indian ministers — Union Commerce and Industry Minister Piyush Goyal, External Affairs Minister S. Jaishankar and Union Minister for Railways, Information and Broadcasting, Electronics & Information Technology Ashwini Vaishnaw — will soon travel to Brussels for the India-European Union Trade and Technology Council (TTC) dialogue, which will complement the recently concluded India-EU free trade agreement (FTA) and facilitate its implementation, Goyal said on Saturda…
Wellington/New Delhi, July 3 (IANS) New Zealand Prime Minister Christopher Luxon on Friday announced that Prime Minister Narendra Modi will undertake his first official visit to New Zealand next week, describing India as one of the world’s largest and fastest-growing economies and a country of immense importance to New Zealand’s future economic prosperity.In a post on X, Luxon said, “I’m delighted to announce Indian Prime Minister Narendra Modi will make his first official visit to New Z…
New Delhi, June 30 (IANS) When India and the European Union concluded their free trade agreement in New Delhi earlier this year, negotiators produced a pact that places far greater emphasis on regulatory cooperation than on tariff cuts, a new report has said.The agreement, spread across 20 chapters, establishes an extensive architecture for consultation, transparency and institutional coordination, embedding about 125 cooperation provisions, the report from Vietnam Times said.India and EU reasse…
New Delhi, June 3 (IANS) The UK- India Business Council on Wednesday welcomed United Kingdom’s Secretary of State for Business and Trade, Peter Kyle’s visit to India and called for accelerated implementation of the India-UK Free Trade Agreement (FTA).Secretary Kyle held discussions with Commerce and Industry Minister Piyush Goyal on bringing the India-UK FTA into force at the earliest, the industry chamber said.”Bilateral trade between the UK and India is already worth £48 billion a year and …
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…