Free Trade Agreement

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India, EU resume free trade talks after nine-year lull; first meet to be held on 27 June
World

India, EU resume free trade talks after nine-year lull; first meet to be held on 27 June

Earlier negotiations were left off in 2013 due to difference in the scope and expectations from the deal

FTA between India and UK could be ready by Diwali this year, says Commerce Minister Piyush Goyal
World

FTA between India and UK could be ready by Diwali this year, says Commerce Minister Piyush Goyal

Diwali celebrated in the month of October this year was set as a timeline for a draft FTA after British prime minister Boris Johnson's talks with Prime Minister Narendra Modi during his visit to India in April

Israel to shape up 75 villages of excellence in India to mark 75 years of country's Independence
World

Israel to shape up 75 villages of excellence in India to mark 75 years of country's Independence

Agriculture Minister Narendra Singh Tomar said it has been decided that 75 villages of excellence will be shaped up with Israeli collaboration and another 75 to follow thereafter

India will be able to seal FTA with European Union by 2023, says Piyush Goyal
Business

India will be able to seal FTA with European Union by 2023, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal said a delegation from Italy including its foreign minister is in New Delhi at present with which he will be having deliberations

PM Modi, Boris Johnson hold talks in Delhi, discuss strategic and defence partnership
World

PM Modi, Boris Johnson hold talks in Delhi, discuss strategic and defence partnership

UK PM Boris Johnson said he would appreciate if the tariffs are dropped by India on certain goods and commodities and in return, Britain too would drop some tariffs it levies

Taiwan's lucrative chip industry faces threat from China, but India can play saviour
India

Taiwan's lucrative chip industry faces threat from China, but India can play saviour

Taiwan, home to over 60 per cent of the world’s contract chip manufacturing, is a crucial player in the race for building a robust semiconductor supply chain

Budget 2022: Consider staggering cut in corporate tax for foreign firms to promote greater investment across sectors
Business

Budget 2022: Consider staggering cut in corporate tax for foreign firms to promote greater investment across sectors

Union Budget 2022-23: The Ministry of Finance is justifiably positive of the strong economic recovery and growth India has posted as it recovers from the pandemic

'Gold opportunity': UK launches free trade agreement negotiations with India
World

'Gold opportunity': UK launches free trade agreement negotiations with India

British Prime Minister Boris Johnson said an FTA would take the country's historic partnership with India to the next level,

Boris Johnson dismisses visa norm relaxation link with Indian free trade deal
India

Boris Johnson dismisses visa norm relaxation link with Indian free trade deal

Johnson was replying to a question raised by Conservative MP Sir Edward Leigh during the Prime Minister's Questions (PMQs) session in the House of Commons

For Boris Johnson, Republic Day visit to India carries hope of delivering on Brexit promises, trade deals
India

For Boris Johnson, Republic Day visit to India carries hope of delivering on Brexit promises, trade deals

The timing of the visit is crucial for India, as it seeks to boost trade after the coronavirus-induced economic slump

S Jaishankar suggests free trade talks with EU stuck due to bloc's reluctance
India

S Jaishankar suggests free trade talks with EU stuck due to bloc's reluctance

The talks for the FTA have been stalled since May 2013 when both sides failed to bridge substantial gaps on crucial issues, including on data security status for the IT sector

Economic hurdles and role of China mean staying out of RCEP isn't the wrong move for India... for now
India

Economic hurdles and role of China mean staying out of RCEP isn't the wrong move for India... for now

For now, there are a handful of major economic concerns that preclude India from considering the RCEP... and one rather formidable geopolitical one

No trade deal in offing between India and US during Donald Trump's visit, but a commitment to FTA likely
Business

No trade deal in offing between India and US during Donald Trump's visit, but a commitment to FTA likely

India and the US have been negotiating a trade pact for over a year now and sources say that United Stated Trade Representative (USTR) Robert Lighthizer and commerce minister Piyush Goyal have developed a good understanding.

China's skewed sex ratio is prompting men to look for brides in Vietnam, resulting in stories of fraud, love and trafficking
World

China's skewed sex ratio is prompting men to look for brides in Vietnam, resulting in stories of fraud, love and trafficking

China has 24 million more men than women of marriageable age and many bachelors have their sights set on Vietnam. Vietnamese women are often trafficked and duped by online marriage brokers. China has also seen several instances of organised marriage fraud. Still, about half of the Vietnamese-Chinese couples interviewed reported being happily married.

RCEP figures in Xi-Modi 'informal' talks: What the free trade deal entails and why India has reservations against it
Business

RCEP figures in Xi-Modi 'informal' talks: What the free trade deal entails and why India has reservations against it

India has for the longest time stayed in two minds about the usefulness of RCEP as it wrestled with the conflict of staying in the group while protecting the interest of its domestic economy.

About 200 US companies seek to move manufacturing base from China to India, says US advocacy group
Business

About 200 US companies seek to move manufacturing base from China to India, says US advocacy group

The US-India Strategic and Partnership Forum's president said the companies are talking to them about how to set up an alternative to China

Arvind Panagariya says India can explore possibility of free trade agreement with US in services sector
Business

Arvind Panagariya says India can explore possibility of free trade agreement with US in services sector

India currently has FTAs with over dozen countries including Japan, South Korea, Singapore and ASEAN nations.

India hopes to sign free trade pact with European Union in 'foreseeable future'; exports likely to reach peak level this year
Business

India hopes to sign free trade pact with European Union in 'foreseeable future'; exports likely to reach peak level this year

In 2013-14, the country's merchandise exports touched $314.4 billion level. After that, exports came under immense pressure again due to global slowdown.

Trade policies should define digital products to enable and negotiate market access
News & Analysis

Trade policies should define digital products to enable and negotiate market access

India should align its innate economic strengths to its export-services.

United States to evaluate Pakistan's bailout request from IMF on merit, says state department
World

United States to evaluate Pakistan's bailout request from IMF on merit, says state department

The US will evaluate on merit a bailout package sought by Pakistan from the International Monetary Fund, the state department said Thursday.