Mumbai, June 12 (IANS) Ireland is “really, really positive” on the European Union-India free trade agreement, which is very much going to support and propel the two-way trade between the two sides, its Consul General in Mumbai, Patrick Duffy, said. “Essentially, we have agreed and created a free trade zone of two billion people. That’s an amazing achievement, and we can understand why leaders such as (European Commission) President Ursula von der Leyen and (Indian Commerce) Minister Piyush Goyal…
Latest Trade Agreement News & Updates
Washington, June 11 (IANS) President Donald Trump has cast a fresh doubt on the future of the United States-Mexico-Canada Agreement (USMCA), saying he is not certain he will renew the North American trade pact when it comes up for review during his current term. Speaking at the White House after signing the Secure America Act on Wednesday (local time), Trump said the agreement’s most important feature was not the trade provisions themselves but the fact that it allows the United States to revisi…
New Delhi, June 10 (IANS) India has refuted claims made by the Trump administration under a US Section 301 trade investigation that there is excess production capacity in the Indian textile and steel sectors which is being used to export goods at low prices.Additional Secretary, Ministry of Commerce, Amitabh Kumar on Wednesday said that India does not have surplus manufacturing capacity in either industry, denying allegations being examined under the US Trade Representative’s (USTR) Section 301 …
New Delhi, June 10 (IANS) India’s “Make in India” initiative has significantly transformed the country’s defence sector, enabling it to achieve self-sufficiency in several key areas while creating new opportunities for international partnerships, Slovakia’s Ambassador to India Robert Maxian has said.Speaking ahead of Prime Minister Narendra Modi’s visit, Maxian highlighted the evolution of India’s defence manufacturing ecosystem and expressed confidence that bilateral cooperation between India a…
New Delhi, June 8 (IANS) India could sign the first tranche of its long-awaited bilateral trade agreement with the United States as early as July, Commerce and Industry Minister Piyush Goyal said on Monday.Speaking to media on the sideline of an event, Goyal further indicated that negotiations between the two countries are nearing a crucial stage despite recent tariff-related concerns.The minister’s remarks have raised expectations of an early breakthrough in trade talks that have been underway …
Sofia, June 6 (IANS) India’s engagement with both the United States and China reflects a carefully calibrated “strategic neutrality” shaped by political considerations and interdependencies framed as “interconnectedness”.This form of neutrality reflects a broader political trend across the Global South, where India, along with other nations including Indonesia, Brazil and Saudi Arabia, pursues a realist balancing strategy shaped by US–China bipolarity but not entirely defined by it, a re…
Washington, June 4 (IANS) India and the United States have succeeded in stabilising their relationship after a difficult period in 2025, but rebuilding trust and restoring the ambition that characterised the partnership in recent years will take time, former senior US diplomat Nisha Desai Biswal has said.Speaking in an exclusive interview with IANS, Biswal said Secretary of State Marco Rubio’s recent visit to India helped reinforce ongoing cooperation but did not fundamentally alter some of the …
Mumbai, June 3 (IANS) The proposed India-US trade agreement is “99 per cent there”, with only a few remaining issues left to be resolved, US Ambassador to India Sergio Gor said on Wednesday, expressing optimism that both countries are close to finalising the much-awaited interim trade deal.Speaking to reporters on the sideline of the CITI India 2026 Conference here, Gor said officials from both sides are actively engaged in discussions and are committed to concluding the agreement, which he …
New Delhi, June 1 (IANS) Prime Minister Narendra Modi on Monday shared an article written by Union Commerce and Industry Minister Piyush Goyal, highlighting the benefits of the India-Oman Comprehensive Economic Partnership Agreement (CEPA) for Indian exporters, farmers and job creation.Sharing the details on the social media platform X, the Prime Minister’s Office said the trade agreement offers Indian exporters an opportunity to diversify markets, boost employment generation, safeguard farmer…
New Delhi, June 1 (IANS) As India and the United States move closer to finalising their first bilateral trade agreement (BTA) very soon, discussions are expected to include tariffs imposed under Section 301 of the US trade law, with relief from ongoing Section 301 probes emerging as a key focus area, government sources said on Monday.US Trade Representative Jamieson Greer is likely to meet Minister of Commerce and Industry, Piyush Goyal, once there is greater clarity on the remaining issues in t…