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India-EU FTA sealed: India and the European Union on Tuesday announced the conclusion of a free trade agreement that is widely being described as the “mother of all deals”. The deal comes at a time of heightened global uncertainty and trade disruptions driven largely by Donald Trump’s tariff policies. Calling it the largest FTA India…
NEW DELHI: India and the European Union on Tuesday announced the finalisation of “mother of all FTAs”, that will result in gradual tariff reduction for 96% of exports from both sides, while keeping contentious items such as cereals and dairy products outside the ambit.While Indian textiles, marine products, leather and footwear, gems and jewelry, toys…
India-EU FTA discussions concluded: India and the European Union have successfully concluded discussions for the India-EU Free Trade Agreement (FTA). The move is a significant step forward for India’s exports at a time when it is looking to diversify away from the US in the wake of President Donald Trump’s 50% tariffs.At the signing and…
US treasury secretary Scott Bessent attacked the India-EU free trade agreement set to be announced on Tuesday, accusing Europe of indirectly funding the Russia-Ukraine war through energy trade routed via India. The pact has been dubbed as “mother of all deal,” by both Indian and European leaders. The senior aide to President Trump said European…
NEW DELHI: Textile minister Giriraj Singh Friday indicated that India and EU will announce a trade deal in the next four days and urged industry to diversify so that garment exports grow. Drawing comfort from trade numbers, he said: “Many believed that Indian exports will fall due to the tariff war. Industry was worried… Despite…
India and the European Union are on the verge of sealing their long-delayed free trade agreement. (AI image) In a historic first, India and the European Union are all set to seal a trade deal that has taken almost two decades to finalize. The scale of the proposed free trade agreement is evident in Commerce…
NEW DELHI: India and the European Union are “very close” to finalising a trade deal with negotiators from the two sides working hard to bridge the gaps before the leaders from the two sides meet here around Republic Day, commerce secretary Rajesh Agrawal said Thursday.“We have closed 20 out of 24 chapters completely. There are…
India has shown openness to procure US energy and diversify its crude basket, but has been firm on its right to decide the source of crude oil purchases. At a time when India is engaged with the US and European Union for trade talks, Commerce Minister Piyush Goyal has made it clear that no trade…
India is hopeful of reaching a “fair and balanced” trade agreement with the European Union (EU) by the end of December, commerce and industry minister Piyush Goyal said on Tuesday. The comments come as the 14th round of trade talks between the two sides takes place in Brussels.Goyal said that negotiations would be carried forward…
NEW DELHI: Prime Minister Narendra Modi on Wednesday spoke over phone with his Italian counterpart Giorgia Meloni, discussing bilateral ties, trade, and global issues including the Ukraine conflict.In a post on X, PM Modi said: “Had an excellent conversation with Prime Minister Giorgia Meloni. We reaffirmed our joint commitment to deepen India-Italy Strategic Partnership, and…
