New Delhi, July 15 (IANS) Export consignments worth over $140 million were dispatched on the first day of the landmark India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) coming into force on Wednesday.A formal inauguration event to mark the entry into force of CETA was held at Vanijya Bhawan here. The function was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Director General of Foreign Trade, representatives of Industry Ex…
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New Delhi, July 14 (IANS) The India-UK Free Trade Agreement (FTA), which comes into force on Wednesday, represents a “gold standard” FTA due to its wide sectoral coverage that includes farmers, seafood exporters, and labour-intensive industries such as textiles, which will benefit from significant reductions in both tariff and non-tariff barriers, Commerce Secretary Rajesh Agrawal said on Wednesday.”This is one of the first free trade agreements (FTAs) of its kind, which establishes a future…
New Delhi, July 13 (IANS) US Ambassador to India Sergio Gor on Monday slammed Reuters for running ‘fake news’ around the India-US trade talks, saying both sides had very constructive meetings and reaffirmed their commitment to finalising a trade deal. The report claimed that India allegedly rejected a quick trade agreement with the US in recent trade negotiations.“Fake news alert! No one has rejected anything. Both sides had very constructive meetings and reaffirmed their commitment to fin…
Raipur, July 13 (IANS) The monsoon session of the Chhattisgarh Legislative Assembly commenced on Monday with a poignant tribute to the legendary folk artist and Padma Vibhushan awardee Tejan Bai, who passed away recently. The House observed a two-minute silence in her memory and adjourned proceedings for five minutes as a mark of respect.Chief Minister Vishnu Deo Sai, while speaking on the condolence motion, highlighted Tejan Bai’s immense contribution to Chhattisgarh’s cultural heritage.He said…
New Delhi, July 13 (IANS) Commerce and Industry Minister Piyush Goyal on Monday refuted a Reuters report, which claimed that India allegedly rejected a quick trade agreement with the US in recent trade negotiations, as “completely false” and “baseless”.In a post on X, Goyal said: “This news is completely false, baseless and misleading”.”I had fantastic meetings with USTR Jamieson Greer, when he visited Delhi in June. Both sides reaffirmed their commitment to an agreement that is balanced, commer…
New Delhi, July 13 (IANS) Commerce Secretary Rajesh Agrawal on Monday said that negotiations for a mutually beneficial trade deal between India and the US are on, and talks are progressing in the right direction.Addressing a press conference here, the Commerce Secretary said: “We don’t see any challenge in negotiations, and consultations are progressing in the right direction.””Both sides remain positive. The India-US framework trade deal is ready for signing at an appropriate time. Trade ties b…
New Delhi, July 11 (IANS) Commerce Secretary Rajesh Agrawal has said that India’s policy framework must provide the predictability and stability required for global value chains to expand their presence in the country.The global electronics industry is increasingly driven by these value chains, he said at Chintan Shivir organised here by the Department of Commerce, to develop policy recommendations for strengthening India’s electronics manufacturing and export competitiveness.He observed that …
New Delhi, July 2 (IANS) The government held an industry brainstorming session here to chart a roadmap for strengthening India’s global leadership in the AYUSH sector through innovation, quality, exports and international collaboration, an official statement said on Thursday.Organised in collaboration with the Ministry of AYUSH and the AYUSH Export Promotion Council (AYUSHEXCIL), the session focused on opportunities arising from India’s Free Trade Agreements (FTAs), global branding of AYUSH, exp…
New Delhi, June 24 (IANS) Union Textiles Minister Giriraj Singh on Wednesday said the time had come to execute district and state textile plans with a proactive approach, stressing the need for value addition, sustainability, niche products and effective utilisation of free trade agreements to achieve India’s textile export ambitions.Addressing the concluding session of the two-day Textiles Summit 2026, Singh said the sector must focus on the right product-market mix while ensuring compliance wi…
New Delhi, June 22 (IANS) India and the United States are set to intensify negotiations on the proposed bilateral trade agreement (BTA), with US Ambassador to India Sergio Gor announcing on Monday that US Trade Representative Jamieson Greer will hold multiple meetings with Union Commerce and Industry Minister Piyush Goyal here to advance the trade deal ahead of a key tariff deadline next month.”Looking forward to welcoming Ambassador Greer @USTradeRep to New Delhi! Multiple sessions scheduled wi…