New Delhi, Feb 15 (IANS) The India-UK free trade agreement is likely to come into effect from April this year, paving the way for an increase in Indian exports to the European nation, according to a senior official on Sunday. The agreement was signed between the two countries in July last year and has to be now approved by the UK Parliament for it to come into effect.The process has already started with the debate on the Free Trade Agreement (FTA) having begun in the both Houses of the British P…
Latest Marine Products News & Updates
Gandhinagar, Feb 6 (IANS) The Free Trade Agreement (FTA) concluded between India and the European Union is expected to significantly expand export opportunities for Gujarat, particularly its southern region, by providing wide-ranging duty-free and preferential access to one of the world’s largest import markets. The agreement marks a major step in India’s efforts to deepen its global trade engagement while strengthening export-led industrial growth across key sectors.India’s exports to the…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman rolled out a range of customs duty cuts across sectors such as marine products, textiles, leather, and defence and aviation sectors to boost manufacturing and increase exports in the Union Budget 2026-27 presented in the Lok Sabha on Sunday.As part of sector-specific measures to promote exports of marine products, the Finance Minister proposed to raise the limit for duty-free imports of specified inputs used for processing seafood for e…
New Delhi, Jan 28 (IANS) The India-EU FTA benefits could eventually go beyond goods trade, including larger FDI flows, more services trade and strategic diversification, HSBC Global Investment Research said on Wednesday.The FTA is described as the “mother of all deals” – which is balanced, yet ambitious and mutually beneficial for both parties. In FY25, India-EU goods trade was almost $140 billion.Details show that the India-EU trade is built on complementary value chains. The EU sells capital…
New Delhi, Dec 23 (IANS) The recently concluded Free Trade Agreement (FTA) between India and New Zealand has opened up fresh opportunities for Indian exporters and is expected to give a major boost to key sectors such as textiles, marine products, engineering and MSMEs, former Chief Commissioner of Income Tax Dr Shikha Darbari said on Tuesday.Speaking to IANS, Dr Darbari said that reduced tariffs in the New Zealand market will increase demand for Indian products and help domestic industries stre…