New Delhi, June 18 (IANS) The Congress on Thursday criticised the takeaways from Prime Minister Narender Modi’s participation at the G7 Summit in France’s Evian, alleging that he “failed” to stand up for India’s economic interests and energy sovereignty.”The Indian National Congress (INC) had hoped that Prime Minister Narendra Modi would leverage the G7 Summit in France as an opportunity to assert India’s leadership role in the Global South and stridently defend India’s energy sovereignty, econo…
Latest Trade Deal News & Updates
Washington, June 5 (IANS) US President Donald Trump has said the United States and India are moving towards a trade agreement, while describing Prime Minister Narendra Modi as a “good friend” and signalling confidence that the two countries will reach a deal.Speaking at the White House during an event focused on coal and energy policy, Trump said on Thursday that trade negotiations with India were progressing despite his long-standing criticism of India’s tariff regime.Asked about reports th…
Seoul, June 4 (IANS) South Korean Trade Minister Yeo Han-koo has urged the United States to resolve pending trade issues between the two countries, including the latter’s recent announcement of the results of the Section 301 probe into imports related to forced labour, within the boundaries of the bilateral tariff agreement finalised last year, Yeo’s office said on Thursday.Yeo held a meeting with U.S. Trade Representative (USTR) Jamieson Greer on the sidelines of the OECD Ministerial Council Me…
Gothenburg, May 18 (IANS) Ursula von der Leyen, President of the European Commission, on Sunday hinted at an investment agreement with India at a joint press meet at the European Round Table for Industry in Sweden’s GothenburgUrsula von der Leyen joined the joint press meeting along with Swedish Prime Minister Ulf Kristersson and Prime Minister Narendra Modi.“We succeeded indeed in concluding our landmark trade agreement. We call it the mother of all Deals,” von der Leyen said, referring to …
New Delhi, April 29 (IANS) The trade deal signed by Bangladesh with the US is nothing but a dumping of genetically modified organisms (GMOs) through meat and dairy products and will hit the livelihood of poor farmers in the Asian country, according to an article in The Daily Star, a Dhaka-based newspaper.The article by Farida Akhter, former adviser in the Ministry of Fisheries and Livestock, points out that importing meat and dairy products from the US poses unequal trade terms for Bangladesh du…
Seoul, March 12 (IANS) South Korea’s National Assembly on Thursday passed a special bill on South Korea’s USD350 billion investment pledge to the United States under a trade deal between the two nations, around three months after it was first introduced by the ruling party. The bill was approved during a plenary session of the Assembly with support from both the ruling Democratic Party (DP) and the main opposition People Power Party (PPP).Shortly after the bill was passed, South Korean President…
Gwalior, Feb 27 (IANS) Union Agriculture Minister Shivraj Singh Chouhan has accused the opposition Congress of attempting to mislead people through “baseless allegations” and “false narrative” regarding the interim trade deal between India and the US, and said the interests of farmers are fully protected. During an interaction with media persons in Gwalior, Madhya Pradesh, on Friday, he said that under the leadership of Prime Minister Narendra Modi, “a capable, glorious, prosperous, st…
New Delhi, Feb 22 (IANS) The Congress on Sunday launched a sharp attack on the Centre over the reported India–US trade understanding, with senior leaders alleging that the proposed arrangement is “one-sided”, detrimental to farmers, and amounts to yielding under pressure rather than securing a balanced deal.Speaking to IANS, Congress General Secretary and Rajya Sabha member Jairam Ramesh warned that the agreement would lead to immediate liberalisation of imports while offering uncertain export…
Washington/New Delhi, Feb 21 (IANS) US President Donald Trump has said that a trade framework with India would remain intact despite a Supreme Court ruling that struck down his use of a particular tariff authority, insisting, “Nothing changes” for the India trade deal and describing Prime Minister Narendra Modi as “a great gentleman, a great man actually”. Asked at a news conference on Friday about “the framework which is to be signed with India sometime soon”, Trump replied: “Nothing changes, n…
New Delhi, Feb 20 (IANS) The Congress on Friday defended a shirtless protest by members from its frontal organisation for youth at the AI Impact Summit 2026 in Delhi, calling it their expression of anger against the Union government over a reported trade deal with the United States. “Today, Youth Congress comrades have expressed the anger of the youth, farmers and businessmen of the country in the form of protest,” the Congress party posted on its social media “X” handle. “By striking …