"global-trade"

Union Minister Piyush Goyal announced that India-US bilateral trade talks have entered their final stage, securing preferential market access. Goyal also confirmed the India-UK FTA launches July 15, while the India-EU pact is tracking for a year-end rollout

Commerce Secretary Rajesh Agrawal said intra-BRICS trade has grown significantly but still accounts for only 5 per cent of global trade, highlighting untapped potential. India, holding the BRICS chairship, emphasized stronger integration, value chains, and expanded cooperation in goods and services.

Piyush Goyal urged Indian industry to treat global disruptions as a wake-up call for self-reliance, productivity and innovation. He emphasised reducing import dependence, accelerating EV adoption, leveraging AI, and boosting exports to strengthen India’s economy amid global uncertainty

Donald Trump announced “Project Freedom” to guide stranded ships through the Strait of Hormuz amid Iran tensions. Iran rejected the move, as attacks on vessels heighten risks despite fragile ceasefire efforts

US Trade Representative Jamieson Greer said India emerged on top in the India-EU free trade agreement, gaining greater market access and mobility benefits. He noted EU’s globalization push amid US protectionism and highlighted ongoing concerns over India’s Russian oil purchases

India has safeguarded sensitive sectors, including dairy, cereals, poultry, soymeal, certain fruits and vegetables, balancing export growth with domestic priorities

As global uncertainty deepens and multilateral norms weaken, the EU and India are moving toward a historic free trade agreement, signalling a shift toward partnership, diversification, and cooperative global governance 

The Agreement introduces unprecedented investment commitments and consultation-driven governance, offering a template for next-generation investment treaties

Washington delivers a clear message: Nations must prepare to navigate a world where power is transactional, commitments are conditional, and global leadership is no longer guaranteed

India’s Russian oil imports dropped by nearly a third after new US sanctions took effect on November 21, prompting refiners to cut purchases from designated companies. Analysts expect December arrivals to fall further as India turns to alternative suppliers and opaque trade routes

BRICS nations’ push to trade in local currencies reflects frustration with dollar dominance and signals a shift in the global monetary order

Commerce and Industry Minister Piyush Goyal will visit Brussels on October 27–28 to meet EU Trade Commissioner Maros Sefcovic. The visit aims to accelerate India–EU FTA talks and provide political direction for a comprehensive and balanced trade deal

India is negotiating free trade agreements with the US, EU, and several other countries, Commerce Minister Piyush Goyal said. Talks with the US aim to double trade to $500 billion by 2030, while the India-EFTA pact takes effect on October 1

Trade talks on the India-US bilateral agreement continues, with the sixth negotiation round scheduled for August 24 in India

The FTA removes most tariffs, boosts jobs, and enhances competitiveness for sectors like textiles, leather, electronics, and jewellery in both nations

The two leaders discussed regional and global issues, with the UK announcing a major Free Trade Agreement set to generate billions in economic benefits

Sanjay Malhotra said that trade tariff related measures have clouded the economic outlook across regions, posing risk of new headwinds for global growth and inflation

The European Union has also announced retaliatory trade action with new duties on US industrial and farm products

''Bharat Tex 2025'' event features a comprehensive showcase of India's textile ecosystem, covering everything from raw materials and fibers to finished products, technical textiles, home furnishings, and high-end fashion.

A stark reminder to the world of how intertwined the Middle Eastern crisis has become in recent years