Build on momentum of Aussie trade pact
2 months, 2 weeks ago

Build on momentum of Aussie trade pact

New Indian Express  

India and Australia have long shared a relationship rooted in history, democratic values and mutual respect. In December, the two countries marked two successful years of the Australia-India Economic Cooperation and Trade Agreement, which came into force on December 29, 2022 and stands as a milestone in bilateral trade relations. The agreement is not merely a transactional arrangement; it is an institutional framework designed to facilitate and nurture trade ties, covering almost every tariff line exchanged between the two nations. While trade figures between India and Australia saw a dip of 7.17 percent in 2023-24, this decline mirrors broader global trade trends. Additionally, Australia’s commitment to amending domestic tax laws to prevent double taxation on offshore income of Indian IT firms is expected to save these businesses up to $1 billion––a game-changing move for the tech industry.

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History of this topic

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow
6 hours, 47 minutes ago

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow

ABP News  

Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agrement here on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. While the US has demanded greater market access in sectors like certain industrial goods, auto, wines and agriculture, India may look at duty cuts for labour intensive sectors like …

India involved in 3 key trade negotiations: Jaishankar
Trending News
6 days, 3 hours ago

India involved in 3 key trade negotiations: Jaishankar

Deccan Chronicle  

New Delhi: External affairs minister S. Jaishankar on Wednesday said India is involved in three big and important trade negotiations -- with the European Union, the United Kingdom and the United States. He further said that in the past decade, the world has seen “much greater weaponisation of economic activity… financial flows, energy supplies, technology” and that “we have to …

SBI report pegs India as a gainer in an increasingly uncertain world of tariffs
1 week, 1 day ago

SBI report pegs India as a gainer in an increasingly uncertain world of tariffs

Hindustan Times  

New Delhi March 17 : US President Donald Trump's plan to impose reciprocal tariffs may only lead to a 3-3.5 per cent decline in Indian exports, and the effect will be negated by higher exports, according to SBI Research released on Monday. India's focus on FTAs, digital trade, and export expansion may help it navigate uncertainties and emerge stronger in …

India and New Zealand kickstart landmark free trade talks for stronger ties
Trending News
1 week, 1 day ago

India and New Zealand kickstart landmark free trade talks for stronger ties

India Today  

India and New Zealand have officially resumed discussions to establish a comprehensive Free Trade Agreement. This development was formalised during a meeting between India's Commerce and Industry Minister, Piyush Goyal, and New Zealand's Trade and Investment Minister, Todd McClay, in New Delhi. The initiation of comprehensive FTA negotiations between India and New Zealand marks a significant milestone in their bilateral …

India’s Trade Liberalisation 2.0: The Risks and Rewards of Modi’s Free Trade Push
1 week, 3 days ago

India’s Trade Liberalisation 2.0: The Risks and Rewards of Modi’s Free Trade Push

The Hindu  

Published : Mar 15, 2025 17:12 IST - 6 MINS READ The BJP-led National Democratic Alliance government seems set to initiate another era of trade liberalisation. After some enthusiasm for such WTO-plus deals, India began to pull back, not least because of the adverse effects of the free trade agreements it had with the ASEAN grouping, Japan, and Korea. Suggesting …

Why India is at the centre of global trade talks
1 week, 5 days ago

Why India is at the centre of global trade talks

Firstpost  

The post-pandemic world has seen the resurgence of economic nationalism, reshoring of supply chains, and increasing scepticism toward multilateral trade frameworks In 1860, Richard Cobden and Michel Chevalier brokered what became a landmark trade agreement between Britain and France, known as the Cobden-Chevalier Treaty. The post-pandemic world has seen the resurgence of economic nationalism, reshoring of supply chains, and increasing …

India-US Trade Deal Expected To Finalise By Fall 2025, Says Morgan Stanley
2 weeks ago

India-US Trade Deal Expected To Finalise By Fall 2025, Says Morgan Stanley

ABP News  

A trade deal between India and the US would likely take some time but will materialise by the fall 2025, according to a Morgan Stanley report released on Tuesday. According to the report, while India can eventually reach a trade deal with the US, it would be relatively more challenging given the multiple bilateral trade issues. The report underscored that …

India-EU trade deal talks set to begin Monday amid major unresolved issues
Trending News
2 weeks, 2 days ago

India-EU trade deal talks set to begin Monday amid major unresolved issues

Live Mint  

New Delhi: India and the European Union are all set to engage in the 10th round of negotiations for the broad-based trade and investment agreement in Brussels from 10-14 March, as both sides aim to resolve key issues and finalise the long-pending trade deal by the end of the year. India wants recognition as a data-secure country under the EU’s …

India's tariff cuts align with past trade pacts, not Trump pressure: Sources
2 weeks, 2 days ago

India's tariff cuts align with past trade pacts, not Trump pressure: Sources

India Today  

With less than a month to go for US President Donald Trump's April 2 deadline to impose reciprocal tariffs on India, highly-placed sources have defended New Delhi's move to significantly reduce tariffs as part of the country's broader efforts to advance trade ties with developed nations via bilateral agreements. The US is India's largest trading partner, with bilateral trade reaching …

DC Edit | Amid global friction, India must push for trade deals
3 weeks, 1 day ago

DC Edit | Amid global friction, India must push for trade deals

Deccan Chronicle  

The shifting global geopolitics in the wake of the Donald Trump ascension of January 2025 is sending countries scurrying to redefine their approach to a new world order that seems inevitable. Amid all this, India has had to deal with the threat of reciprocal tariffs that could undermine the healthy trade surplus it has been enjoying with one of its …

Why India must tread cautiously on EU free trade agreement
3 weeks, 1 day ago

Why India must tread cautiously on EU free trade agreement

Firstpost  

India might be much better off instead to strike a side-deal with France and Germany, nations that together account for 40 per cent of the bloc’s GDP, thereby securing a more tailored and potentially advantageous arrangement Like ancient Greek envoys treading the rocky slopes of Mount Parnassus—each wary of the other’s hidden dagger—India now faces negotiations with the European Union …

Why India must tread cautiously on EU free trade agreement
3 weeks, 1 day ago

Why India must tread cautiously on EU free trade agreement

Firstpost  

India might be much better off instead to strike a side-deal with France and Germany, nations that together account for 40 per cent of the bloc’s GDP, thereby securing a more tailored and potentially advantageous arrangement Prime Minister Narendra Modi with European Commission President Ursula von der Leyen prior to a meeting at Hyderabad House, in New Delhi, on Friday. …

Australia, a natural partner for India’s growth trajectory
3 weeks, 1 day ago

Australia, a natural partner for India’s growth trajectory

The Hindu  

Australia believes in India. We also believe that Australia is a natural partner for India’s growth because our economies are complementary ; because we are strategically aligned; and because we are neighbours just across the Indian Ocean. The new Roadmap, the next phase of ties For these reasons, Australian Prime Minister Anthony Albanese last week personally launched the New Roadmap …

India, EU discuss efforts to accelerate FTA talks
3 weeks, 2 days ago

India, EU discuss efforts to accelerate FTA talks

The Hindu  

With India and the European Union setting the year-end deadline to conclude a free trade agreement, teams from both sides held discussions on Saturday to accelerate efforts towards a balanced and mutually beneficial pact. On February 28, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen agreed to seal a much-awaited free trade deal by this year …

India and EU agree to conclude a long-pending free trade agreement by the end of this year
3 weeks, 4 days ago

India and EU agree to conclude a long-pending free trade agreement by the end of this year

Associated Press  

NEW DELHI — India and the European Union have agreed to finalize a long-pending free trade agreement this year and boost cooperation in trade, technology, connectivity and defense, Indian Prime Minister Narendra Modi and the European Commission chief said Friday. Modi said after meeting with European Commission President Ursula von der Leyen that the two sides have directed their teams …

‘Agree with PM Modi,’ says EU chief on getting India-EU free trade deal done in 2025
3 weeks, 4 days ago

‘Agree with PM Modi,’ says EU chief on getting India-EU free trade deal done in 2025

Firstpost  

India and the EU are working towards finalising a free trade agreement this year, European Commission President Ursula von der Leyen announced during her visit to New Delhi. India and the European Union aim to conclude talks on a free trade agreement this year, European Commission President Ursula von der Leyen announced in New Delhi on Friday, emphasising that they …

‘Agree with PM Modi,’ says EU chief on getting India-EU free trade deal done in 2025
3 weeks, 4 days ago

‘Agree with PM Modi,’ says EU chief on getting India-EU free trade deal done in 2025

Firstpost  

India and the EU are working towards finalising a free trade agreement this year, European Commission President Ursula von der Leyen announced during her visit to New Delhi. European Commission President Ursula von der Leyen with Indian PM Narendra Modi. File Image India and the European Union aim to conclude talks on a free trade agreement this year, European Commission …

India, EU aim to seal free trade pact by year-end
Trending News
3 weeks, 4 days ago

India, EU aim to seal free trade pact by year-end

India Today  

India and the European Union want to wrap up a free trade deal this year, according to European Commission chief Ursula von der Leyen, reported news agency Reuters. Leyen met with Prime Minister Narendra Modi to finalise a trade and investment deal spanning industries such as batteries, pharmaceuticals, semiconductors, clean hydrogen, and defence. During the joint press statement with PM …

Opinion: Three years on - What the world can learn from India-UAE trade agreement
3 weeks, 4 days ago

Opinion: Three years on - What the world can learn from India-UAE trade agreement

India Today  

Free trade agreements, trade deals, investment treaties, and tariff wars have become regular buzzwords in the global political landscape. But even as the air is thick with mistrust and uncertainty, one trade agreement stands out: the Comprehensive Economic Partnership Agreement signed between India and the UAE. In terms of India’s exports, non-oil exports reached $27.4 billion in FY2023-24, recording an …

Australia unveils roadmap to boost trade ties with India
3 weeks, 6 days ago

Australia unveils roadmap to boost trade ties with India

Hindustan Times  

New Delhi: Australia on Wednesday unveiled a roadmap for deepening its economic engagement with India, with the focus on agribusiness, clean energy and education in order to maximise trade, create jobs and secure supply chains. Prime Minister Anthony Albanese launched the roadmap at an event in Melbourne attended by Indian envoy Gopal Baglay, saying it provides directions for boosting trade …

Australia unveils ambitious roadmap to boost trade & investment ties with India
3 weeks, 6 days ago

Australia unveils ambitious roadmap to boost trade & investment ties with India

The Hindu  

Australia on Wednesday unveiled an ambitious roadmap to deepen and diversify its trade and investment ties with India. "India is an essential partner as we diversify our trade links to boost prosperity for all Australians," Australian Prime Minister Anthony Albanese said. To help kick start this ambitious plan, Canberra is investing USD 16 million for an Australia-India Trade and Investment …

‘India is an essential partner’: Australia unveils new roadmap with 4 ‘superhighways of growth’
3 weeks, 6 days ago

‘India is an essential partner’: Australia unveils new roadmap with 4 ‘superhighways of growth’

Firstpost  

The roadmap released by Albanese’s office also identifies nearly 50 specific opportunities to focus and accelerate Australia’s engagement with India in several areas such as defence industries, sports, culture, space, and technology Australia on Wednesday unveiled an ambitious roadmap to deepen and diversify its trade and investment ties with India. “India is an essential partner as we diversify our trade …

Trump brandishes tariffs, but India and UK are back talking trade
1 month ago

Trump brandishes tariffs, but India and UK are back talking trade

Live Mint  

India and the UK returned to free trade negotiations on Monday after a year's gap, offering a glimmer of optimism in a world witnessing a surge in protectionism. "This will be a path-breaking free trade agreement," Goyal said at a press conference with his British counterpart Jonathan Reynolds, adding it could boost merchandise trade with Britain two to three times …

India-UK trade talks to resume soon
1 month ago

India-UK trade talks to resume soon

Live Mint  

New Delhi: India and the UK are set to restart talks for a free trade agreement after nearly a year, with a top British delegation arriving in New Delhi on Sunday. India is likely to soften its demand on workers' mobility considering reservations in the new British government led by prime minister Keir Starmer, two people familiar with the matter …

Piyush Goyal: India, U.S. committed to boost trade to $500 billion through strong agreement in next 6-8 months
1 month, 1 week ago

Piyush Goyal: India, U.S. committed to boost trade to $500 billion through strong agreement in next 6-8 months

The Hindu  

Piyush Goyal Goyal said once his U.S. counterpart takes charge, both countries will discuss the contours of the pact. India and the U.S. are committed to increasing bilateral trade to $500 billion and negotiating a "strong" trade agreement within the next 6-8 months, Commerce and Industry Minister Piyush Goyal said on Tuesday. During the recent visit of Prime Minister Narendra …

India seeks mutual tariff reductions from US amid trade tensions
1 month, 1 week ago

India seeks mutual tariff reductions from US amid trade tensions

Live Mint  

New Delhi wants any tariff reduction in trade negotiations with the US to be reciprocal, which would create a more favourable environment for businesses and drive bilateral trade growth. India sees the announcement of a bilateral trade agreement with the US as a crucial step toward resolving trade tensions from US President Donald Trump’s call to eliminate trade disparities with …

Announcement of India-U.S. trade agreement has boosted biz confidence: Piyush Goyal
1 month, 1 week ago

Announcement of India-U.S. trade agreement has boosted biz confidence: Piyush Goyal

The Hindu  

The announcement to negotiate a bilateral trade agreement between India and the U.S. has boosted business confidence in both countries, as it can help further strengthen economic ties by leveraging their competitive strengths, Commerce and Industry Minister Piyush Goyal said on Sunday. During the recent visit of Prime Minister Narendra Modi to Washington, India and the U.S. announced to more …

How India-US ‘MEGA’ trade ties can be a global model for mutual benefit
1 month, 1 week ago

How India-US ‘MEGA’ trade ties can be a global model for mutual benefit

Firstpost  

Through the resolution of issues and the strengthening of shared aims, both nations can access limitless potential and provide a model for global cooperation PM Modi and President Trump's meeting announced the COMPACT. Evolution of India-US Trade Ties The bilateral trade ties between these two countries have evolved significantly since India’s economic liberalisation also popular with the induction of India’s …

How India-US ‘MEGA’ trade ties can be a global model for mutual benefit
1 month, 1 week ago

How India-US ‘MEGA’ trade ties can be a global model for mutual benefit

Firstpost  

Through the resolution of issues and the strengthening of shared aims, both nations can access limitless potential and provide a model for global cooperation PM Modi and President Trump's meeting announced the COMPACT. Evolution of India-US Trade Ties The bilateral trade ties between these two countries have evolved significantly since India’s economic liberalisation also popular with the induction of India’s …

The trade battle and possible pact
1 month, 1 week ago

The trade battle and possible pact

Hindustan Times  

Washington: A trade deal, an ambitious target for bilateral trade, and a commitment to make it easier for companies from either country to invest in the other were among the highlights of the talks between Indian Prime Minister Narendra Modi and US President Donald Trump on Thursday. Indian Prime Minister Narendra Modi and US President Donald Trump on Thursday The …

India, US announce plans to negotiate first phase of mega trade deal by this year
1 month, 1 week ago

India, US announce plans to negotiate first phase of mega trade deal by this year

Deccan Chronicle  

Washington: In an ambitious move, India and the US agreed to conclude the first phase of a mutually beneficial ambitious trade pact by this year and set a target of USD 500 billion in annual bilateral trade by 2030 even as President Donald Trump asserted that Washington will not spare New Delhi from reciprocal tariffs. "To this end, the leaders …

The India-US trade relationship explained in 4 charts
1 month, 2 weeks ago

The India-US trade relationship explained in 4 charts

CNN  

CNN — US trade policies are under the microscope after President Donald Trump enacted tariffs on top trading partner China and teased more, broader tariffs in the coming days. While India has been spared any tariffs from the new Trump administration so far, Trump said recently that reciprocal tariffs will be announced on any countries with tariffs on US goods, …

India, UK to resume talks on proposed trade agreement from Feb 24
1 month, 3 weeks ago

India, UK to resume talks on proposed trade agreement from Feb 24

Deccan Chronicle  

New Delhi: India and the UK are expected to resume the talks for the proposed free trade agreement from February 24, an official said. The Indian industry is demanding greater access for its skilled professionals from sectors like IT and healthcare in the UK market, besides market access for several goods at nil customs duty. The talks for the agreement …

Economic Survey flags growing challenges in global trade
1 month, 3 weeks ago

Economic Survey flags growing challenges in global trade

The Hindu  

Steady growth of exports — merchandise and services — in the first nine months of FY 25 to touch $ 602.6 billion indicates India’s resilience in the midst of global headwinds of economic and trade policy uncertainties, said the Economic Survey 2024-2025. “The evolving global trade dynamics, marked by gradual shifts towards greater protectionism, require assessing the situation and developing …

India, Oman trade ministers discuss to advance FTA negotiations
Trending News
1 month, 3 weeks ago

India, Oman trade ministers discuss to advance FTA negotiations

Live Mint  

New Delhi, Jan 27 Trade ministers of India and Oman on Monday reviewed progress of the proposed free trade agreement between the two countries and focused on advancing the negotiations for the pact. The agreement was discussed between Commerce and Industry Minister Piyush Goyal and Oman's Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al Yousef in Muscat. …

India's exports to U.S. up 5.57% to $60 bn in April-December FY25
1 month, 3 weeks ago

India's exports to U.S. up 5.57% to $60 bn in April-December FY25

The Hindu  

India’s exports rose by 5.57% to $59.93 billion during April-December this fiscal on account of healthy demand in the American market for domestic goods, according to government data. The U.S. accounts for about 18% of India's total goods exports and over 6% in imports and about 11 per cent in bilateral trade. Some experts raised concerns that if the U.S. …

India, EU lay roadmap to strengthen trade and investment
2 months ago

India, EU lay roadmap to strengthen trade and investment

Live Mint  

New Delhi: Commerce and industry minister Piyush Goyal and European commissioner for trade and economic security Maroš Šefčovič discussed mutually beneficial trade and investments, and plan to expedite the free-trade agreement during their first in-person meeting in Brussels on 18-19 January. During the 9th round of talks, India and the EU discussed a 12-point agenda, which included deforestation, electric vehicles, …

Free trade agreements to unlock global markets for India’s auto industry: Piyush Goyal
2 months, 1 week ago

Free trade agreements to unlock global markets for India’s auto industry: Piyush Goyal

Live Mint  

New Delhi: India’s auto and auto-component industries are set to expand their global reach through the free trade agreements currently under negotiation with the UK, the European Union, and other developed economies, Union commerce and industry minister Piyush Goyal said on Friday. Ongoing FTA negotiations would provide unprecedented access to international markets, bolstering India’s reputation as a global manufacturing hub, …

India, UK Set to Resume FTA Talks in February
2 months, 1 week ago

India, UK Set to Resume FTA Talks in February

Deccan Chronicle  

New Delhi: The commerce ministry on Wednesday said that India and the UK are exploring convenient dates to resume the talks for the proposed free trade agreement or FTA in early February. In the ninth round, both sides discussed trade issues covering goods, services, investment and government procurement along with necessary rules such as rules of origin, SPS, and technical …

India-Australia FTA enabled over 14% export growth in 2023-24: Piyush Goyal
Trending News
2 months, 3 weeks ago

India-Australia FTA enabled over 14% export growth in 2023-24: Piyush Goyal

Hindustan Times  

New Delhi: The India- Australia free trade agreement has been a “landmark” pact that enabled growth in exports by over 14% in 2023-24 and increased market access for Indian exporters, commerce minister Piyush Goyal said on the second anniversary of the India-Australia Economic Cooperation and Trade Agreement. “This landmark agreement has brought with it increased market access for Indian exporters, …

India's exports to Australia rise 64.4 pc year-on-year
2 months, 3 weeks ago

India's exports to Australia rise 64.4 pc year-on-year

Deccan Chronicle  

New Delhi: India’s exports to its trade agreement partner Australia rose 64.4 per cent year-on-year to $643.7 million in November on account of healthy growth in sectors such as textiles, chemicals and agricultural products. However, the country's merchandise exports recorded a decline of 5.21 per cent year-on-year to $5.56 billion during April-November 2024-25, according to the commerce ministry data. On …

Indian manufacturing must adapt to constant flux in a dynamic world
3 months ago

Indian manufacturing must adapt to constant flux in a dynamic world

Live Mint  

The global economic landscape is becoming increasingly interlinked and dynamic. Despite multiple shifts, 2023 saw global merchandise exports worth over $24 trillion, an increase of 6% over 2019, demonstrating resilience in the face of disruptions. Focused reforms since then, including the production-linked incentive schemes and ‘Make in India’ initiative, combined with infrastructure development programmes, trade agreements and stronger participation in …

India to work with rest of Brics countries to further ease trade
3 months, 2 weeks ago

India to work with rest of Brics countries to further ease trade

Live Mint  

India's trade with BRICS countries may be poised for a take-off as officials work to extend customs-related privileges to trust ed merchants from these nations, which would also fetch similar benefits to Indian exporters to those markets, two persons familiar with the matter said. A second person said the road is clear for negotiating a similar deal with China, a …

India faces high exposure to US trade policy shift
3 months, 2 weeks ago

India faces high exposure to US trade policy shift

Deccan Chronicle  

Chennai: India will be one of the key economies that are most exposed to a potential trade policy shift in the US under the new regime. The 2025 trade outlook is clouded by potential US policy shifts, including broader tariffs that could disrupt global value chains and impact key trading partners, said UNCTAD in its global trade update. This 3.3 …

India, Australia firm up clean energy partnership; pushing for mega trade pact
4 months ago

India, Australia firm up clean energy partnership; pushing for mega trade pact

The Hindu  

India and Australia sealed an ambitious renewable energy partnership and set their eyes on a comprehensive economic cooperation agreement as Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese vowed to significantly ramp up overall bilateral ties. In his media statement after the summit talks with Mr. Albanese, Mr. Modi said both sides will work on new possibilities of …

India-UK trade talks to focus on key tariff barriers and emerging sectors
4 months ago

India-UK trade talks to focus on key tariff barriers and emerging sectors

Live Mint  

The India-UK free trade agreement talks that are set to resume in early 2025 will focus on a range of critical areas including market access, regulatory frameworks, and tariff barriers. A successful FTA would facilitate increased trade across sectors like technology, agriculture, and manufacturing, while also deepening diplomatic ties, said Abhash Kumar, assistant professor of economics at Delhi University. India …

India-UK FTA talks: Both sides seek to bridge gaps to close deal expeditiously
4 months ago

India-UK FTA talks: Both sides seek to bridge gaps to close deal expeditiously

Live Mint  

New Delhi, Nov 20 India and the UK would seek to bridge the differences for expeditious conclusion of the proposed free trade agreement as Britain has announced resuming the negotiations early next year, an official statement said on Wednesday. British Prime Minister Keir Starmer has announced that trade talks with India will relaunch in the new year, following his bilateral …

India, United Kingdom to resume FTA talks in 2025
4 months ago

India, United Kingdom to resume FTA talks in 2025

Hindustan Times  

India and the UK will resume talks on a trade deal early next year to address the remaining issues and finalise a balanced and forward-looking free trade agreement following a pause of several months due to elections in both countries. Modi also raised the issue of extraditing economic offenders wanted by India with Starmer, and announced that two new Indian …

India imports more from China, exports less during Apr-Oct 2024: Govt data
Trending News
4 months, 1 week ago

India imports more from China, exports less during Apr-Oct 2024: Govt data

Firstpost  

During the period, the top 10 import sources of India were China, Russia, the UAE, the US, Iraq, Saudi Arabia, Indonesia, Korea, Switzerland and Singapore, the data showed China was India’s top import source with $65.89 billion, a 9.8 per cent year-on-year increase, worth of inbound shipments during the April-October period of this fiscal, according to the commerce ministry data. …

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