Commerce and Industry Minister Piyush Goyal on Thursday criticised the previous governments for allegedly not doing sufficient stakeholder consultations on free trade agreements, saying the India-ASEAN FTA is “most ill-conceived” and unfair to the domestic industry. Goyal also said that in the free trade agreements with Japan and Korea, India has opened its markets for … Read more
India’s free trade agreement (FTA) talks with the European Union have sparked an interest from overseas investors and manufactures in the country. The World Trade Center (Pune) is receiving 10-15 inquiries every week from European companies who are keen to manufacture or distribute from India. “There is an influx of inquiries from Europe for India … Read more
United Kingdom House of Lords Member Baroness Verma on Saturday said the UK and India will have a great Free Trade Agreement (FTA) deal and that the negotiations between the two countries are going well. Baroness Verma told ANI, “I think first of all my expectations are we’re going to have a great FTA and … Read more
India is considering to discuss a mechanism with Australia for a smooth supply of their critical minerals under the comprehensive free trade agreement amid a huge demand in the domestic market, according to sources. India and Australia have implemented an economic cooperation trade agreement (ECTA) in December 2022, and now negotiations are on for expanding … Read more
A view of people on a road after an earthquake in Antakya in Hatay province, Turkey, February 20, 2023. | Photo Credit: REUTERS New 6.4 magnitude earthquake hits Turkey’s Hatay province A 6.4-magnitude earthquake was recorded on February 20, 2023, in Turkey’s southern province of Hatay, the hardest hit by a February 6 tremor which … Read more
Commerce and industry minister Piyush Goyal said sensitive issues should not scuttle free trade agreement (FTA) talks with the United Kingdom. The statement assumes significance in the backdrop of the UK’s international trade secretary Kemi Badenoch‘s statement that more student visas for India were not part of the proposed trade deal, a sensitive issue for … Read more
Cricket bat and pad exports from the UK to India could be in line for a big boost if a free trade agreement (FTA) between the two countries gets finalised, the UK government has said. The Department for International Trade (DIT) issued the update on Saturday following the sixth round of FTA negotiations wrapped up … Read more
U.K. Trade Secretary Kemi Badenoch arrives in New Delhi on December 12 to “kickstart” the sixth round of Free Trade Agreement (FTA) negotiations and hold bilateral talks with her Indian counterpart Piyush Goyal. The new round marks the first formal meeting between the India-U.K. negotiating teams since July and the first since Rishi Sunak took … Read more
A United Kingdom spokespoerson was asked whether the U.K. government was making a trade deal with India conditional on India taking back “significant” numbers of illegal migrants. Image for representation only | Photo Credit: AP Finalising a trade deal with India is not contingent on New Delhi taking back Indians who are in the U.K. … Read more
India and the United Kingdom are set to resume formal talks for a bilateral free trade agreement (FTA) with the prime ministers of the two sides on Thursday agreeing on the need for its early conclusion, officials said. While no new deadline to conclude the talks has been set after the Diwali target was missed, … Read more