Looking forward to advancing EU-India FTA talks: Spanish President Sanchez

Looking forward to advancing EU-India FTA talks: Spanish President Sanchez

New Delhi: Spanish President Pedro Sanchez on Tuesday said he looks forward to advancing EU-India FTA negotiations, highlighting the “enormous” potential for a stronger relationship between India and the 27-nation European Union bloc, including Spain. The European Union (EU)-India proposed a free trade agreement (FTA) aimed at further boosting bilateral trade and investments between the … Read more

Trade deal with India remains ‘priority’, says UK business minister

Trade deal with India remains ‘priority’, says UK business minister

A trade deal with India remains a “priority” for the UK, Business and Trade Secretary Jonathan Reynolds said during the Labour Party-led government’s flagship International Investment Summit in London which coincided with the launch of a new Industrial Strategy green paper. “The Gulf and India are the priority. I think there are clear economic and … Read more

Carbon tax proposed by EU unilateral, arbitrary to hurt India’s export: FM Sitharaman

Carbon tax proposed by EU unilateral, arbitrary to hurt India’s export: FM Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the Carbon Border Adjustment Mechanism or CBAM is unilateral and arbitrary and will hurt India’s exports after its implementation by the European Union. CBAM are tariffs that will apply on energy-intensive goods imported into the European Union (EU). The EU has decided to impose carbon tax … Read more

Next round of India-EU FTA talks in 2025

Next round of India-EU FTA talks in 2025

New Delhi: The next round of India-European Union free trade agreement (FTA) negotiations is likely to be held in the first quarter of next year even as the two sides made limited progress on issues such as rules of origin and government procurement in the just concluded ninth round from September 23-27. In government procurement, … Read more

Majority of India-UK FTA issues either closed or at advanced stage of talks: Official

Majority of India-UK FTA issues either closed or at advanced stage of talks: Official

New Delhi: Majority of the issues in the proposed free trade agreement (FTA) between India and the UK are either finalised or at an advanced stage of talks, a government official said on Monday. Additional Secretary in the Department of Commerce L Satya Srinivas said that the 14th round of negotiations between the officials of … Read more

Next round of India-Oman FTA talks from January 16; negotiations progressing well: Official

Next round of India-Oman FTA talks from January 16; negotiations progressing well: Official

“The next round of talks for the proposed free trade agreement (FTA) between India and Oman will start from January 16 and the negotiations for the pact are progressing well,” a senior official said on January 9. “The talks on the text of most of the chapters have been concluded by both sides for the … Read more

India-UK FTA: Scotch whiskey, EV, services issues may figure in 14th round of talks in Jan

India-UK FTA: Scotch whiskey, EV, services issues may figure in 14th round of talks in Jan

New Delhi: Issues like duty concessions on scotch whisky and electric vehicle (EV) and matters concerning the services sector, including mobility of skilled workers, may figure in the next round of proposed FTA talks between India and the UK in January, an official has said. The official also said that both sides have resolved most … Read more

Will only agree India trade deal approach that works for UK, says Rishi Sunak

Will only agree India trade deal approach that works for UK, says Rishi Sunak

The free trade agreement (FTA) talks with India are “progressing” and Britain will only agree to a pact that works for the whole of the United Kingdom, British Prime Minister Rishi Sunak told his ministers at a Cabinet meeting in London on Tuesday. Ahead of his first visit to India as UK Prime Minister to … Read more

Tit-for-tat tariffs or waiver talks: Choices India have to navigate new EU regulations

Tit-for-tat tariffs or waiver talks: Choices India have to navigate new EU regulations

In April, the European Parliament adopted a unique law under which exporters of select products have to certify that their items sold in the European Union (EU) had not led to deforestation and forest degradation. Under the EU Deforestation Regulation, a slew of products, from coffee to wooden furniture, must not have come from fields … Read more

India, U.K. close to concluding FTA talks, working to iron out issues on IPRs, rules of origin

India, U.K. close to concluding FTA talks, working to iron out issues on IPRs, rules of origin

British Prime Minister Rishi Sunak and India’s Prime Minister Narendra Modi hold a bilateral meeting on November 16, 2022 in Nusa Dua, Indonesia. | Photo Credit: REUTERS India and the U.K. are “very close” to concluding negotiations for a proposed free trade agreement as both sides are working to iron out differences on issues including … Read more