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Rss Feed India, UK to continue free trade agreement negotiations till end of August: Commerce ministry The commerce ministry has said Indian and UK officials will continue their negotiations till the month-end to iron out differences on the proposed free trade agreement (FTA). It said this meeting will be followed by a review at the higher level. Following the G20 Trade and Investment Ministers Meeting (TIMM) at Jaipur, the progress of the negotiations was reviewed by Commerce and Industry Minister Piyush Goyal and UK's Secretary of State for Trade Kemi Badenoch on August 26. It said &#...
Rss Feed India, UK to continue free trade agreement negotiations till end of August: Commerce ministry
Rss Feed India, UK to continue free trade agreement negotiations till end of August: Commerce ministry
Source: Accord Fintech
28/08/2023 10:10:44 AM
Nirmala Sitharaman meets European Commission VP, UK Trade Secy Union Finance Minister Nirmala Sitharaman on Saturday met visiting European Commission Executive vice president Valdis Dombrovskis and UK Trade Secretary Kemi Badenoch during separate meetings here. During the meeting Dombrovskis, the two leaders discussed bilateral economic and financial issues of mutual interests. In their interactions, Sitharaman and Dombrovskis exchanged views on ongoing consultations for India-EU investment protection agreement and India-EU free trade agreement. ...
Nirmala Sitharaman meets European Commission VP, UK Trade Secy
Nirmala Sitharaman meets European Commission VP, UK Trade Secy
Source: IANS
26/08/2023 3:38:25 PM
India-UK FTA likely to be announced soon, says Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Friday said that the India-UK Free Trade Agreement (FTA) is likely to be announced soon. Addressing the B20 summit, the Finance Minister said that India is continuously in touch with various nations and even the European FTA (EFTA) is in the pipeline. EFTA includes Liechtenstein, Norway, Iceland, and Switzerland. "We need to quickly diversify our supply chains. Well-functioning international markets with resilient and efficient supply chain...
India-UK FTA likely to be announced soon, says Nirmala Sitharaman
India-UK FTA likely to be announced soon, says Nirmala Sitharaman
Source: IANS
26/08/2023 9:21:58 AM
Ongoing negotiations between India, UK on FTA progressing `extremely well`: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said the ongoing negotiations between India and the UK on a free trade agreement (FTA) are progressing ‘extremely well’ and it is expected to conclude at an early date. Goyal said both sides are confident that they will come out with a very balanced, equitable and fair agreement in the interest of businesses and people of both the countries. Talking about the UK's demand on import duty concessions on auto, whiskey and dairy pr...
Ongoing negotiations between India, UK on FTA progressing `extremely well`: Piyush Goyal
Ongoing negotiations between India, UK on FTA progressing `extremely well`: Piyush Goyal
Source: Accord Fintech
25/08/2023 10:58:12 AM
India looking at FTAs keeping country`s strategic needs in mind: Commerce Secretary Commerce Secretary Sunil Barthwal said that India is looking at Free Trade Agreements (FTAs) not only from the trade point of view but also keeping in mind the country's strategic needs, especially with regard to the smooth supply of critical minerals.  Barthwal said for instance, batteries in electric vehicles require critical minerals. India is in talks with Australia for its smooth supplies. South American nations of Peru and Chile also have huge reserves of the critical minera...
India looking at FTAs keeping country`s strategic needs in mind: Commerce Secretary
India looking at FTAs keeping country`s strategic needs in mind: Commerce Secretary
Source: Accord Fintech
16/08/2023 12:36:08 PM
Government closely monitoring FTAs with ASEAN, Korea: Anupriya Patel Minister of State for Commerce and Industry Anupriya Patel has said that the government is closely monitoring all the free trade agreements (FTAs) which it has signed and based on stakeholder consultations, existing FTAs with ASEAN and Korea are being reviewed. She said the government is negotiating FTAs with the European Union, the UK, European Free Trade Association (EFTA) and Canada.  The minister stated that these negotiations or its review are a long-drawn process and the timelin...
Government closely monitoring FTAs with ASEAN, Korea: Anupriya Patel
Government closely monitoring FTAs with ASEAN, Korea: Anupriya Patel
Source: Accord Fintech
14/08/2023 12:35:59 PM
Hopeful of finalising certain FTAs in next few months: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports. India is in the final stages of concluding FTA negotiations with the UK. The country is also negotiating similar pacts with Canada and European Union (EU). He stated ‘We can leverage the free trade agreements with the UAE and Australia and we are hopeful that in the next few months, we will finalise many ...
Hopeful of finalising certain FTAs in next few months: Piyush Goyal
Hopeful of finalising certain FTAs in next few months: Piyush Goyal
Source: Accord Fintech
31/07/2023 10:18:35 AM
India, UK could sign trade deal this year -commerce official India and Britain could sign a free trade agreement (FTA) this year as both countries have reached consensus on the broad contours of the proposed deal aiming to boost economic growth and jobs, a top Indian trade ministry official said. "We want to finalise the deal at the earliest," Sunil Barthwal, India's commerce secretary, told reporters on Friday. He said that on almost all contentious issues, negotiations were completed, and the deal could be signed "much before...
India, UK could sign trade deal this year -commerce official
India, UK could sign trade deal this year -commerce official
Source: Reuters
29/07/2023 9:47:17 AM
CMAI promoted 'Make WITH India` at the EU-India Leaders Conference 2023 in EUROPEAN PARLIAMENT, Brussels Europe India Centre for Business and Industry (EICBI) along with Mr Morten Lokkegaard, Member of European Parliament, Denmark (Chair European Parliament Delegation for Relations with India) invited selected leaders of Europe and India Textile Industry including Clothing Manufacturers Association of India (CMAI) to European Parliament, Brussels to deliberate on the pros and cons of an FTA of EU-India with relationship to Textile & Clothing Industry. This milestone event sets the stage f...
CMAI promoted 'Make WITH India` at the EU-India Leaders Conference 2023 in EUROPEAN PARLIAMENT, Brussels
CMAI promoted 'Make WITH India` at the EU-India Leaders Conference 2023 in EUROPEAN PARLIAMENT, Brussels
Source: PR Agency
21/07/2023 3:48:24 PM
Union Commerce and Industry Minister to review progress on TEPA with EFTA Union Minister of Commerce and Industry Piyush Goyal is visiting the UK from July 10-11, 2023. The visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA. The visit comes at a crucial juncture, as both India and the UK are committed to expan...
Union Commerce and Industry Minister to review progress on TEPA with EFTA
Union Commerce and Industry Minister to review progress on TEPA with EFTA
Source: Accord Fintech
10/07/2023 1:49:52 PM
EEPC urges India to pursue new FTAs with Latin American and African nations The Engineering Export Promotion Council (EEPC) India has released a strategy paper, urging the country to pursue new free trade agreements (FTAs) with Latin American and African nations to boost engineering shipments. The paper stressed on the importance of expanding market access and reducing risks associated with economic uncertainties. At present, around 40 countries account for over 87 per cent of India's engineering exports.  The strategy paper also highlighted the impact of...
EEPC urges India to pursue new FTAs with Latin American and African nations
EEPC urges India to pursue new FTAs with Latin American and African nations
Source: Accord Fintech
7/07/2023 1:14:15 PM
India actively considering CEPAs, FTAs to boost textile exports: Piyush Goyal Union Minister Piyush Goyal has said India is actively considering the possibility of Comprehensive Economic Partnership Agreements (CEPAs) and Free Trade Agreements (FTAs) with various countries. These agreements aim to enhance the market size and facilitate exporters in the thriving Indian textile sector. Further, the Minister highlighted that the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park is being established across 7 states to promote India's textile sec...
India actively considering CEPAs, FTAs to boost textile exports: Piyush Goyal
India actively considering CEPAs, FTAs to boost textile exports: Piyush Goyal
Source: Accord Fintech
27/06/2023 10:36:10 AM
FTA between India, EFTA to help enhance commerce, investment, job creation, economic growth A free trade agreement (FTA) between India and four-nation bloc EFTA will help enhance two-way commerce, investment flows, job creation and economic growth. Commerce and Industry Minister Piyush Goyal has discussed modalities of engagement for working towards a comprehensive Trade and Economic Partnership Agreement (TEPA) with representatives of European Free Trade Association (EFTA) states -  Iceland, Liechtenstein, Norway, and Switzerland. On April 26, both sides discussed ways to resu...
FTA between India, EFTA to help enhance commerce, investment, job creation, economic growth
FTA between India, EFTA to help enhance commerce, investment, job creation, economic growth
Source: Accord Fintech
16/05/2023 10:05:16 AM
India, Spain look forward to progress in India-EU FTA talks India and Spain are looking forward to considerable progress in the ongoing India-European Union (EU) free trade agreement (FTA) negotiations during the upcoming Spanish presidency of the EU from July to December this year. Both the nations have also agreed to further extend cooperation in sectors like civil aviation, automation, surveillance, high speed railways and related segments. These aspects came under discussion during the 12th session of the India-Spain joint commission for eco...
India, Spain look forward to progress in India-EU FTA talks
India, Spain look forward to progress in India-EU FTA talks
Source: IANS
15/04/2023 8:52:31 AM
OBCs form 37-41% of urban population in Uttar Pradesh : Government report Union Finance Minister Nirmala Sitharaman has said that Free Trade Agreements (FTAs) are being signed in a much ‘faster’ way nowadays and also stated that the India-UK FTA negotiations are ‘going on as we speak’. She said ‘FTAs are being signed in a much faster way nowadays. We've just concluded one with Australia. Earlier we concluded with UAE, Mauritius and with ASEAN. We have extended quota-free and tariff-free regime to Least Developed Countries’. T...
OBCs form 37-41% of urban population in Uttar Pradesh : Government report
OBCs form 37-41% of urban population in Uttar Pradesh : Government report
Source: IANS
11/04/2023 9:52:53 AM
India received 6.19 mn foreign tourists in 2022 India received 6.19 million foreign tourist arrivals (FTAs) during 2022 as compared to 1.52 million during the same period of 2021. There were 10.93 million FTAs in India during the pre-pandemic year 2019. The Tourism Industry has shown good signs of revival after Covid-19 pandemic. The Ministry of Tourism under its Schemes of 'Swadesh Darshan', 'PRASHAD' and Assistance to Central Agencies, provides central financial assistance to the state governments, Union territor...
India received 6.19 mn foreign tourists in 2022
India received 6.19 mn foreign tourists in 2022
Source: IANS
7/04/2023 4:26:54 PM
India, Australia agree for concluding negotiations for expanding scope of existing FTA by 2023 end India and Australia have expressed their commitment for concluding the negotiations for expanding the scope of existing free trade agreement (FTA) by the end of this year with an aim to push the bilateral trade to $100 billion. On December 29, last year India and Australia implemented an economic cooperation and trade agreement (ECTA) and are now negotiating to expand its scope for a comprehensive economic cooperation agreement (CECA). Commerce and industry minister Piyush Goyal said &lsqu...
India, Australia agree for concluding negotiations for expanding scope of existing FTA by 2023 end
India, Australia agree for concluding negotiations for expanding scope of existing FTA by 2023 end
Source: Accord Fintech
13/03/2023 12:14:25 PM
India to become third largest economy in world in next five years: Piyush Goyal Expressing his hopes over India’s economic growth, Union minister Piyush Goyal has said that the country would become the third largest economy in the world (from fifth position at present) in the next five years and by 2047 could be at the level the United States of America is at present. He added the 1.4 billion people of India are going to make the economy a $30-40 trillion one. Regarding India not joining the Regional Comprehensive Economic Partnership (RCEP) trade deal, he said ...
India to become third largest economy in world in next five years: Piyush Goyal
India to become third largest economy in world in next five years: Piyush Goyal
Source: Accord Fintech
27/02/2023 10:23:17 AM
India-UK FTA talks focus on what is acceptable to both countries: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said that in the talks for the proposed free trade agreement (FTA) between India and the UK, the focus is on what is acceptable to both countries and not allow sensitive issues to scuttle the discussions. He also said that student visas are never part of a FTA. India has recently concluded the sixth round of talks with the UK and the next round will be held soon. Goyal said FTAs are never negotiated either in newspaper articles, news conferen...
India-UK FTA talks focus on what is acceptable to both countries: Piyush Goyal
India-UK FTA talks focus on what is acceptable to both countries: Piyush Goyal
Source: Accord Fintech
25/01/2023 3:38:20 PM
India-United Kingdom ties hinge on a Free Trade Agreement in 2023 India and the UK have had a Strategic Partnership since 2004; but this is yet to realise its full potential. Meanwhile, the ties presently hinge on a Free Trade Agreement (FTA). This was supposed to be announced before Diwali, but will now probably happen in 2023. David Cameron as Britain's Prime Minister between 2010 and 2016 greatly desired enhancing relations with India to a "special relationship" - a term applied by London only to the deep understanding with the United St...
India-United Kingdom ties hinge on a Free Trade Agreement in 2023
India-United Kingdom ties hinge on a Free Trade Agreement in 2023
Source: IANS
25/12/2022 10:40:15 AM
India, Bangladesh to further strengthen bilateral economic relations India and Bangladesh have held comprehensive discussions to further strengthen bilateral economic relations. A Joint feasibility study on a Comprehensive Economic Partnership Agreement (CEPA) has been carried out after the two countries agreed for exploring a bilateral FTA. The study confirmed the CEPA would provide a sound basis for substantial enhancement of trade and commercial partnership between the two countries. Further, both sides agreed that CEPA will create new jobs, raise living...
India, Bangladesh to further strengthen bilateral economic relations
India, Bangladesh to further strengthen bilateral economic relations
Source: Accord Fintech
23/12/2022 1:50:47 PM
Cutting trade ties with China would amount to sacrificing India`s potential economic growth: Arvind Panagariya Amid demands for snapping trade ties with China for its transgressions on the border, former Niti Aayog Vice Chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth. Instead, he suggested that India should try to enter into free trade agreements (FTA) with countries such as the UK and the European Union to expand its trade. Panagariya said ‘engaging China in a trade war at this juncture w...
Cutting trade ties with China would amount to sacrificing India`s potential economic growth: Arvind Panagariya
Cutting trade ties with China would amount to sacrificing India`s potential economic growth: Arvind Panagariya
Source: Accord Fintech
23/12/2022 12:51:12 PM
India would achieve $100 billion export target from textile sector by 2030: Piyush Goyal Union minister Piyush Goyal has said that huge opportunities are there in the textiles segment and the country would achieve $100 billion export target from the sector by 2030. He said that free trade agreements will further help boost textile exports. The country's textile exports were at a record of $44.4 billion in 2021-22. Goyal said ‘in the textiles sector, a margin of 4 per cent or 5 per cent is important to become competitive and in the free trade agreement we are insistin...
India would achieve $100 billion export target from textile sector by 2030: Piyush Goyal
India would achieve $100 billion export target from textile sector by 2030: Piyush Goyal
Source: Accord Fintech
15/12/2022 2:01:01 PM
Piyush Goyal , UK Trade Secretary discuss resumption of FTA negotiations Commerce and Industry Minister Piyush Goyal on Tuesday held discussions with his UK counterpart Kemi Badenoch on free trade agreement (FTA) negotiations. UK Trade Secretary Badenoch is in India to restart the India-UK FTA negotiations, which got stalled in July this year. The negotiations would aim to cut tariffs and facilitate financial and legal services by the UK in India. Badenoch will also meet business leaders to seek their feedback regarding the trade pact. Meanwhile both G...
Piyush Goyal , UK Trade Secretary discuss resumption of FTA negotiations
Piyush Goyal , UK Trade Secretary discuss resumption of FTA negotiations
Source: IANS
14/12/2022 9:56:20 AM
South Korea, China resume dialogue on economic, trade cooperation South Korea and China held a business dialogue on Monday involving business leaders, and former and incumbent government officials, following November's summit between the leaders of the two countries. Increasing high-level talks and 1.5-track public-private dialogue platforms were among the areas South Korean President Yoon Suk-yeol and Chinese President Xi Jinping agreed on during their first summit in Bali in November, which took place on the sidelines of a Group of 20 meeting. T...
South Korea, China resume dialogue on economic, trade cooperation
South Korea, China resume dialogue on economic, trade cooperation
Source: IANS
12/12/2022 3:56:35 PM
United Kingdom trade secretary in Delhi today to discuss Free Trade Agreement Britain Trade Secretary Kemi Badenoch will be in New Delhi from Monday for the sixth round of Free Trade Agreement (FTA) negotiations between the UK and India. Badenoch will meet her counterpart, Indian Minister of Commerce and Industry Piyush Goyal, in person for the first time, aiming to strengthen ties between the two countries and reinvigorate talks on an ambitious bilateral trade deal. She will address both teams of senior negotiators ahead of the sixth round of formal negotiations...
United Kingdom trade secretary in Delhi today to discuss Free Trade Agreement
United Kingdom trade secretary in Delhi today to discuss Free Trade Agreement
Source: IANS
12/12/2022 11:00:16 AM
FTA between India, UAE giving duty free access to garment sector: AEPC The Apparel Export Promotion Council (AEPC) has said that the free trade agreement (FTA) between India and the UAE is giving duty free access to the garment sector and it will help increase share of domestic exports in that country. Chairman Fair and Exhibitions AEPC Ashok Rajani said India is the second largest supplier of ready-made garments to the UAE after China. The UAE has traditionally been the topmost trading partner for Indian garment exports. With signing of the UAE-India CEPA ag...
FTA between India, UAE giving duty free access to garment sector: AEPC
FTA between India, UAE giving duty free access to garment sector: AEPC
Source: Accord Fintech
30/11/2022 3:08:58 PM
India, Gulf Cooperation Council agree to pursue resumption of FTA negotiations India and Gulf Cooperation Council (GCC) have decided to pursue resumption of Free Trade Agreement (FTA) Negotiations. With forward-looking and solution-oriented deliberations, bilateral engagements witnessed significant progress on all matters of mutual interest across the entire gamut of bilateral economic relations between India and the GCC nations. Both sides agreed to expedite conclusion of the requisite legal and technical requirements for formal resumption of the FTA negotiations. T...
India, Gulf Cooperation Council agree to pursue resumption of FTA negotiations
India, Gulf Cooperation Council agree to pursue resumption of FTA negotiations
Source: Accord Fintech
25/11/2022 12:57:56 PM
Rupee weakening due to dollar strengthening, economy can't be blamed: Piyush Goyal Commerce and Industry Minister Piyush Goyal on Thursday said that the Indian economy was not to be blamed for weakening of rupee, as this was mainly due to the strengthening of the dollar. Addressing the Times Now summit, the minister, despite rising inflation, sounded an optimistic note, noting that compared to sky rocketing inflation in many countries, where it is ranging between 8 to 10 per cent, India has maintained a fair balance between inflation and interest rates and price rise in ...
Rupee weakening due to dollar strengthening, economy can't be blamed: Piyush Goyal
Rupee weakening due to dollar strengthening, economy can't be blamed: Piyush Goyal
Source: IANS
25/11/2022 11:26:06 AM
Implementation of FTA between India, Australia to help boost garment exports: AEPC Chairman Apparel Export Promotion Council (AEPC) Chairman Naren Goenka has said that implementation of the free trade agreement (FTA) between India and Australia will help boost garment exports. He said the duty-free access for the sector to Australia under the trade pact will bring domestic exporters at par with global competitors and make local products competitive. He noted that this will also provide a good opportunity for the Australian companies to embrace China plus one policy. Recently, an ...
Implementation of FTA between India, Australia to help boost garment exports: AEPC Chairman
Implementation of FTA between India, Australia to help boost garment exports: AEPC Chairman
Source: Accord Fintech
24/11/2022 12:10:29 PM
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal The government said on Tuesday that the negotiations on the proposed free trade agreement (FTA) between India and the UK are very much on track and are expected to restart next month. Union Commerce Minister Piyush Goyal, while speaking on the sidelines of a steel industry event, said that the India-UK FTA is a high-priority issue for both the nations and negotiations on it are expected to take place next month. Goyal said he is already in touch with his UK counterpart for the next roun...
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal
Source: IANS
23/11/2022 9:23:12 AM
Australia clears FTA with India Australia on Tuesday cleared the free trade agreement (FTA) with India as its Parliament has approved the pact. Taking to Twitter, Australian Prime Minister Anthony Albanese said: "BREAKING: Our Free Trade Agreement with India has passed through Parliament." The pact is likely to be implemented on a mutually agreeable date. According to Australian law, the India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needs ratification by that country's parliament ...
Australia clears FTA with India
Australia clears FTA with India
Source: IANS
22/11/2022 3:25:01 PM
Australia`s trade agreement with United Kingdom moves closer to implementation The Australian Parliament is set to ratify the free trade agreement (FTA) with the UK after a key committee approved it. The Joint Standing Committee on Treaties has released its report on the FTA, concluding it would help Australia liberalise and diversify its trade with the UK, reports Xinhua news agency Under the deal, which the two countries signed in 2021, 99 per cent of Australian goods including beef, dairy and sugar will enter the UK duty free. Prime Minister Anthony Albanese...
Australia`s trade agreement with United Kingdom moves closer to implementation
Australia`s trade agreement with United Kingdom moves closer to implementation
Source: IANS
18/11/2022 2:16:51 PM
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi External Affairs Ministry Spokesperson Arindam Bagchi has said India is working sincerely with the UK for finalisation of the proposed free trade agreement (FTA), days after Prime Minister Narendra Modi and his British counterpart Rishi Sunak agreed on the early conclusion of the deal. Bagchi stated ‘As we have said earlier, the matter of negotiations is best left to the trade ministers and their teams of officials. I cannot comment on the status. I certainly do not have any target d...
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi
Source: Accord Fintech
4/11/2022 10:57:13 AM
Electronically generated CoO valid document for claiming duty benefits under India-UAE trade deal: CBIC Clarifying tariff benefit under India-UAE trade deal, the Central Board of Indirect Taxes and Customs (CBIC) has said that electronically generated certificate of origin (CoO) issued by the UAE authority is a valid document for claiming customs duty benefits under India-UAE free trade agreement (FTA). However, it said that the certificate has to be issued in a prescribed format bearing electronically printed seal and signatures of the authorised signatory of the issuing authority. The trad...
Electronically generated CoO valid document for claiming duty benefits under India-UAE trade deal: CBIC
Electronically generated CoO valid document for claiming duty benefits under India-UAE trade deal: CBIC
Source: Accord Fintech
28/10/2022 10:51:38 AM
India will give top priority to national interest in FTA negotiations: Piyush Goyal Union Commerce Minister Piyush Goyal said on Friday that India would accord top priority to national interest in foreign trade agreement (FTA) negotiations, adding that the government won't diverge from this approach for the sake of deadlines. The minister's statement came at a time when India and the UK are trying to finalise their FTA negotiations by Diwali. Goyal was speaking at a meeting held to review India's export performance in the first six months of this financial ...
India will give top priority to national interest in FTA negotiations: Piyush Goyal
India will give top priority to national interest in FTA negotiations: Piyush Goyal
Source: IANS
8/10/2022 9:32:37 AM
Negotiations for proposed FTA between India, United Kingdom progressing at faster pace: Piyush Goyal Commerce and industry minister Piyush Goyal has said that negotiations for the proposed free trade agreement (FTA) between India and the UK are progressing at a faster pace. He said the agreement is aimed at boosting bilateral trade and investments between the two countries. The minister said 'India has signed a trade pact with the UAE in a record time and now our talks with the UK is moving at a faster pace’. In such pacts, two or more countries significantly reduce or eliminate...
Negotiations for proposed FTA between India, United Kingdom progressing at faster pace: Piyush Goyal
Negotiations for proposed FTA between India, United Kingdom progressing at faster pace: Piyush Goyal
Source: Accord Fintech
10/08/2022 11:55:07 AM
FTAs with UK, EU to open new opportunities to boost India's exports: FIEO President Federation of Indian Export Organisations (FIEO) President A Sakthivel has said that the proposed free trade agreements (FTAs), including with the UK, European Union and GCC would open new opportunities to boost India's exports in these markets. He said the government initiatives are helping the country record a healthy growth rate in exports. To further boost exports, Sakthivel suggested that the government implement certain measures such as linking issuance of RoSCTL (Rebate of State...
FTAs with UK, EU to open new opportunities to boost India's exports: FIEO President
FTAs with UK, EU to open new opportunities to boost India's exports: FIEO President
Source: Accord Fintech
28/06/2022 11:10:32 AM
FTA between India, United Kingdom likely to be concluded by Diwali: Piyush Goyal Minister for commerce and industry and textiles -- Piyush Goyal has expressed hope that the free trade agreement (FTA) between India and the United Kingdom will be concluded by Diwali. Total trade between India and the UK stood at $16 billion in FY22 (Apr-Feb). The UK was India's 17th largest trading partner during the period. A free trade agreement is a trade pact according to international law to form a free trade area between the cooperating states. Goyal said the government is movi...
FTA between India, United Kingdom likely to be concluded by Diwali: Piyush Goyal
FTA between India, United Kingdom likely to be concluded by Diwali: Piyush Goyal
Source: Accord Fintech
22/06/2022 10:08:51 AM
India fast-tracking negotiations for proposed FTAs with UK, EU: Anupriya Patel Minister of state for commerce and industry Anupriya Patel has said that India is fast-tracking negotiations for proposed free trade agreements (FTAs) with certain developed countries like the UK as well as with the European Union, and maybe by this year end, the government would be able to give a final shape to few of these pacts. The minister also expressed hope that the trade pact with Australia would be operationalised ‘very soon’.  She also said India has already impl...
India fast-tracking negotiations for proposed FTAs with UK, EU: Anupriya Patel
India fast-tracking negotiations for proposed FTAs with UK, EU: Anupriya Patel
Source: Accord Fintech
30/05/2022 12:38:01 PM
FTA negotiations between India, UK result in draft treaty text advancing across majority of chapters The British government said that the free trade agreement (FTA) negotiations between India and the UK have resulted in the draft treaty text advancing across the majority of chapters at the end of the third round of talks. The Department for International Trade (DIT) issued a ‘joint outcome statement’ at the end of the latest round of technical talks between the negotiators on both sides. The experts held 60 separate sessions in-person and virtually to cover 23 policy areas, wi...
FTA negotiations between India, UK result in draft treaty text advancing across majority of chapters
FTA negotiations between India, UK result in draft treaty text advancing across majority of chapters
Source: Accord Fintech
12/05/2022 9:34:52 AM
India & FTA: Series of bilateral deals to pump up supply chains India has entered into a series of Free Trade Agreements (FTA) this year with worlds leading economies and are negotiating another one with the UK, Israel and Canada that would open a plethora of economic opportunities and create jobs not just in India but also globally. The FTAs will further push India's integration into the global economy as a benevolent player creating a win-win model. The India-UK FTA when concluded will be major milestone between the world's two leading eco...
India & FTA: Series of bilateral deals to pump up supply chains
India & FTA: Series of bilateral deals to pump up supply chains
Source: IANS
25/04/2022 1:44:10 PM
UK-India FTA: Indian alcohol beverage producers urge Centre for level playing field The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged the Centre for level playing field with British players under the proposed India-UK Free Trade Agreement (FTA). The CIABC has written to the Union Ministry of Commerce and Industry requesting it for a staggered reduction in effective Customs duty on spirits and wines under the proposed FTA. The current Customs duty on white and brown spirits and wines is 150 per cent, it said. The confederation wants that if n...
UK-India FTA: Indian alcohol beverage producers urge Centre for level playing field
UK-India FTA: Indian alcohol beverage producers urge Centre for level playing field
Source: IANS
20/01/2022 9:52:14 AM
India on track to achieve $650-billion export target set for FY22: Piyush Goyal Expressing optimism over India’s export growth, Commerce and Industry Minister Piyush Goyal has said that the country is on track to achieve the $650-billion export target set for goods and services in the ongoing fiscal year (FY22). He added that the $400-billion merchandise exports target is within sight and the services sector should also strive towards meeting the $250-billion target. He highlighted that ‘In December alone, we touched $37-billion goods exports despite the O...
India on track to achieve $650-billion export target set for FY22: Piyush Goyal
India on track to achieve $650-billion export target set for FY22: Piyush Goyal
Source: Accord Fintech
18/01/2022 10:22:58 AM
India-UK launch crucial free trade negotiations Union Minister of Commerce and Industry, Piyush Goyal, on Thursday launched the negotiations between India and the UK for a Free Trade Agreement (FTA) between the two countries in the presence of British International Trade Secretary, Anne-Marie Trevelyan. The FTA negotiations in New Delhi are expected to facilitate the target of doubling bilateral trade between India and the UK by 2030, set by the Prime Ministers of both the nations, Narendra Modi and Boris Johnson, in May 2021. Speaki...
India-UK launch crucial free trade negotiations
India-UK launch crucial free trade negotiations
Source: IANS
13/01/2022 5:33:09 PM
FTAs with countries to help provide greater market access to domestic goods: Commerce Minister Commerce and Industry Minister Piyush Goyal has said that the proposed free trade agreements (FTAs) with countries, including Australia, the UK and the UAE, are moving at a fast pace and these pacts, when implemented, would help provide greater market access to domestic goods. Under a free trade agreement, the minister said two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them. Besides, they liberalise norms to enhance trade in services ...
FTAs with countries to help provide greater market access to domestic goods: Commerce Minister
FTAs with countries to help provide greater market access to domestic goods: Commerce Minister
Source: Accord Fintech
15/11/2021 3:32:27 PM
India looking at reciprocal, equitable access to foreign markets through free trade agreements: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said India is looking at reciprocal and equitable access to foreign markets through free trade agreements (FTAs), which the country is negotiating with its trading partners. India is, at present, negotiating free trade agreements with countries like UAE, the UK, and Australia. Under a free trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them. Besides, they liberalise norms to...
India looking at reciprocal, equitable access to foreign markets through free trade agreements: Piyush Goyal
India looking at reciprocal, equitable access to foreign markets through free trade agreements: Piyush Goyal
Source: Accord Fintech
12/11/2021 12:34:44 PM