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.
India-Tanzania trade rose to $9.02 billion in 2025-26, with both sides reaffirming commitment to deepen economic ties during the Joint Trade Committee meet, focusing on local currency trade, visas, mining, healthcare, education and digital cooperation
Commerce Secretary Rajesh Agrawal said the Budget proposal to allow SEZ units to sell goods in the domestic market at concessional duty will promote import substitution and job creation. Details will be rolled out in two to three months
India and the US are close to finalising a framework trade deal to address high tariffs, Commerce Secretary Rajesh Agrawal said. Parallel talks are also underway on a comprehensive bilateral trade agreement to deepen economic ties
US trade envoy Brendan Lynch met India’s negotiator Rajesh Agrawal as talks resumed. Analysts say a narrow package on tariffs, agriculture, and standards could lead to an early deal despite oil tensions.
US President Donald Trump has signed tariff letters for 12 countries, with potential tariffs up to 70 per cent from August. India’s talks with the US on a trade deal remain unresolved, mainly due to differences over agricultural and dairy imports
India's chief negotiator, Additional Secretary in the Department of Commerce Rajesh Agrawal, will lead the team for the first in-person talks between the two countries
