New Delhi, July 16 (IANS) Prime Minister Narendra Modi’s recent visit to New Zealand, the first by an Indian Prime Minister to Auckland in 40 years, demonstrated India’s renewed commitment to strengthen ties between two nations, a report has detailed. PM Modi was on an official visit to New Zealand on July 10-11 during which he held discussions with his Kiwi counterpart Christopher Luxon covering the entire spectrum of bilateral relations, including trade and investment, defence and security, ag…
Latest Trade Agreement News & Updates
New Delhi, July 15 (IANS) Prime Minister Narendra Modi on Wednesday described the coming into force of the India-UK Free Trade Agreement (FTA) and the accompanying Agreement on Social Security as a “significant moment” in bilateral ties.He said the landmark pacts would deepen economic engagement and create new opportunities for businesses, workers and investors in both countries.Sharing a post by Union Commerce and Industry Minister Piyush Goyal on X, the Prime Minister said, “This is a signif…
New Delhi, July 15 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said the India-UK Comprehensive Economic and Trade Agreement (CETA) has come into force under the leadership of Prime Minister Narendra Modi, calling it a defining milestone in bilateral ties.In a post on X, the minister said the India-UK CETA, along with the Agreement on Social Security has become operational, providing zero-duty market access for nearly 99 per cent of India’s exports and covering almost 10…
New Delhi, July 14 (IANS) India and Belgium on Tuesday discussed ways to expand cooperation across trade, investment, technology, logistics and workforce mobility.Commerce and Industry Minister Piyush Goyal had an excellent meeting with David Clarinval, Deputy Prime Minister and Minister of Employment, Economy, and Agriculture of Belgium.“We also exchanged views on the transformative potential of the India-EU Free Trade Agreement and reaffirmed our shared commitment to further strengthening ec…
New Delhi, July 14 (IANS) The India-UK Comprehensive Economic and Trade Agreement (CETA) will come into force on Wednesday, paving the way for cheaper British goods in India while granting Indian exporters near-total duty-free access to the UK market.Under the pact, tariffs on a wide range of British products — including Scotch whisky, gin, chocolates, biscuits and cosmetics — will begin declining from July 15. However, duty reductions for several items will be phased in over the coming years….
New Delhi, July 13 (IANS) Commerce and Industry Minister Piyush Goyal on Monday met Spanish Economy Minister Carlos Cuerpo in Madrid and explored ways to deepen business ties between the two countries.Kicking off official engagements in Spain during his three-nation visit, Goyal said: “We had productive discussions on strengthening the India-Spain economic partnership through greater trade, investment and technology collaboration, with a focus on renewable energy, green hydrogen, advanced manufa…
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 5 (IANS) The India-UK Comprehensive Economic and Trade Agreement (CETA), set to come into force on July 15, provides duty-free access for 99 per cent of India’s exports to the UK.According to the latest notification from Finance Ministry that set out the rules, a product will qualify as originating in India or the UK if it is wholly obtained in either country, produced entirely from originating materials, or manufactured using non-originating inputs while meeting the product-spec…
New Delhi, July 4 (IANS) The landmark India-Israel bilateral investment agreement (BIA), which was signed on September 8, 2025, came into force on Saturday.The trade pact is a significant step towards strengthening bilateral economic relations and ensuring a secure and predictable investment climate.“The BIA is robust in protection of Investment and Investor with respect to their investments while being flexible enough to retain sovereign policy space in line with legitimate public policy obj…
Washington, July 1 (IANS) The Trump administration on Wednesday refused to renew the United States-Mexico-Canada Agreement (USMCA), opening negotiations to rewrite key parts of President Donald Trump’s signature North American trade pact while insisting it remains in force during the review process. The decision came after representatives of the United States, Mexico and Canada held the first mandatory six-year joint review of the agreement, which entered into force in 2020. While Washington dec…