New Delhi, July 24 (IANS) India and Israel concluded the second round of four-day negotiations for the proposed Free Trade Agreement (FTA) here, as both sides held detailed discussions across all areas of the proposed agreement and continued to make progress towards a balanced, comprehensive and mutually beneficial FTA, according to a statement issued by the Commerce Ministry on Friday.During this round, technical experts from both sides held dedicated sessions covering trade in goods, trade in …
Latest Trade negotiations News & Updates
Ottawa, July 24 (IANS) Canadian Prime Minister Mark Carney said that his government will do “whatever it takes” to defend national interests in response to recent US tariff threats, local media reported.Carney made the remarks on Thursday at a meeting of provincial and territorial leaders in Charlottetown, Prince Edward Island, stressing that Canada will protect and support its workers, farmers, businesses and families amid trade pressure from Washington, Xinhua news agency reported.”We are in a…
Washington, July 22 (IANS) The Trump administration will raise with New Delhi concerns over India’s proposed restrictions on imports of American soda ash, US Trade Representative Jamieson Greer told lawmakers on Wednesday, indicating the issue will form part of broader trade engagement between the two countries. “I have a good relationship with my counterpart in India, and we work closely with their trade ministry,” Greer told the Senate Finance Committee during a hearing on President Donald Tru…
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…
Washington, July 9 (IANS) The European Union has rejected suggestions that shifting US trade policies under President Donald Trump drove the conclusion of its landmark free trade agreement with India, saying the pact was the result of years of political commitment and a shared strategic vision rather than short-term geopolitical developments.The remarks came after Christophe Kiener, the European Union’s chief negotiator for the agreement, on Wednesday (local time) pushed back against a suggestio…
Washington, July 8 (IANS) India argued on Wednesday that the U.S. Trade Representative’s proposed Section 301 tariff framework contradicts its own objective of eliminating forced labour by exempting certain products while seeking broad import restrictions on countries including India, urging Washington to pursue bilateral dialogue instead of sweeping trade measures. The argument was made by Dr. Brij Mohan of the Ministry of Commerce and Industry during a public hearing after a USTR official ques…
New Delhi, July 4 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Saturday asked domestic toy manufacturers to capitalise on expanding global market access and target a 10-fold increase in exports over the next four years, while assuring the industry that the government will not dilute mandatory quality standards.Addressing the 17th edition of Toy Biz International B2B Expo here, the minister said the Quality Control Orders (QCOs) for toys would continue as they have helped improv…
Washington, June 13 (IANS) US President Donald Trump and Prime Minister Narendra Modi will hold a bilateral meeting on the sidelines of the G7 Summit in France next week, during which both leaders are expected to review progress in negotiations on a proposed India-US trade agreement, a senior administration official confirmed on Saturday. The White House said Saturday that Trump will meet PM Modi on Wednesday, June 17, during the G-7 Summit in Evian, France, as part of a series of engagements wi…
Washington, June 6 (IANS) After nearly two decades of covering the White House, I have learned that no two Oval Office events are ever the same. Every US President has a different style. Every appearance has its own rhythm. And every question carries the possibility of producing an unexpected moment. This week, one such moment unfolded in a way I could not have anticipated.Having had the privilege of covering President Donald Trump during both of his terms in office, I have had the opportunity t…
New Delhi, May 29 (IANS) A United States trade team is expected to visit India next week to take forward ongoing negotiations between the two countries, with both sides maintaining positive and constructive engagement, the Ministry of External Affairs (MEA) said on Friday.MEA spokesperson Randhir Jaiswal said India and the US had earlier held discussions in April when an Indian trade team visited the United States, adding that the next round of talks will continue during the upcoming visit.“We…