New Delhi, Feb 4 (IANS) Senior Congress leader Jairam Ramesh launched a sharp critique of the India-US trade deal on Wednesday, terming the statement delivered by Union Minister of Commerce and Industry Piyush Goyal in both Houses of Parliament as a complete “non-statement” that offers no substantive details. Ramesh pointed out that negotiations on critical aspects of the agreement are still ongoing, rendering Goyal’s pronouncements “contradictory” to official communications from the Uni…
Latest Trade Relations News & Updates
New Delhi, Feb 3 (IANS) Union Home Minister Amit Shah and Union Health Minister J.P. Nadda on Tuesday welcomed the India-US trade deal and said that it will benefit and further strengthen the strategic partnership between the two nations.Taking to X, HM Shah said, “A big day for India-US relations as the trade deal has been locked with a significantly reduced tariff of 18 per cent, paving the way for stronger trade ties and mutual growth. I congratulate PM Narendra Modi and President Donald Trum…
New Delhi, Feb 2 (IANS) Trade in goods and services between Finland and India currently stands at around 3 billion euros and could double by 2032, driven by the benefits of the recently concluded EU-India Free Trade Agreement (FTA), Finland’s Ambassador to India, Kimmo Lahdevirta, said on Monday.Speaking to IANS, Ambassador Lahdevirta described the EU-India FTA as a historic milestone, calling it the largest trade deal ever concluded by either the European Union or India.“Trade in goods and …
New Delhi, Jan 28 (IANS) Foreign Ministers and top officials of 20 countries have confirmed their participation for the India-Arab Foreign Ministers meeting (FMM) and 4th India-Arab Senior Officials Meeting (SOM) 2026 which will take place this week, the Ministry of External Affairs (MEA) highlighted on Wednesday. The participating dignitaries will start arriving in India from Thursday, including from Palestine, Sudan, Egypt, Djibouti, Algeria, Comoros, Jordan, League of Arab States, Kuwait, Yem…
New Delhi, Jan 15 (IANS) India’s exports to Iran are mostly humanitarian in nature and the government will wait for the detailed US executive order before assessing the impact of the proposed 25 per cent tariff announced by US President Donald Trump, Commerce Secretary Rajesh Agrawal said on Thursday.Trump had said in a social media post on Monday that any country doing business with Iran would face a 25 per cent tariff on all trade with the United States, with immediate effect.However, Indian…
New Delhi, Jan 13 (IANS) While US President Donald Trump’s recent warning that any country trading with Iran could face an additional 25 per cent tariff has direct implications for India, any choppy waters ahead may affect future operations at the Chabahar port as well. India is among Iran’s top business partners, as are China, Turkey, the UAE, Pakistan, and Armenia. The proposed addition will compound earlier US duties, which included a 25 per cent reciprocal trade tariff plus an equal amou…
Ottawa, Jan 11 (IANS) US-based Human Rights Watch (HRW) has urged Canadian Prime Minister Mark Carney to make the human rights issue a key focus of his visit to China from January 13-17, asking him to press the Chinese government to end its repression in Xinjiang and ensure full compliance with international labour rights conventions. HRW has stated that Carney, during his visit to China, should raise key issues, including links between the Chinese government’s forced labour and imports to Can…
Washington, Jan 11 (IANS) Bangladesh’s interim government claimed a potential breakthrough in trade discussions with the United States, saying senior US officials had agreed to explore steps that could ease tariffs on Bangladeshi exports and expand market access for its key textile and apparel sector.The claim was made in a post on X by the Chief Adviser of the Government of Bangladesh, which described discussions in Washington involving National Security Adviser Dr. Khalilur Rahman and US Tra…
Kabul, Jan 7 (IANS) Pakistan continues to face massive losses from the prolonged shutdown of border crossings with Afghanistan as trade between two nations remains halted, the local media in Kabul reported quoting an official of Afghanistan’s chamber of commerce. Khan Jan Alokozay, a board member of the Afghanistan Chamber of Commerce and Investment (ACCI), said Afghanistan previously used to conduct trade worth USD 200 million with Pakistan in a month, majority of them being imports from Islama…
New Delhi, Jan 6 (IANS) Prime Minister Narendra Modi’s visit to Ethiopia in December 2025 was a major diplomatic event of the year, resulting in upgrading the relations between the two countries to a ‘Strategic Partnership’ and laying a concrete roadmap for a high priority engagement for the next decade.Over the last several decades, India–Ethiopia trade relations have evolved into a multi-dimensional partnership that combines sturdy merchandise trade, significant Indian investment in Ethiop…