Trade Pact

An India-EU Memorandum of Understanding (MoU) on semiconductors was signed on Friday, ahead of the Trade and Technology Council meeting in New Delhi, according to the Ministry of External Affairs press release.

Aiming at strengthening economic ties with India, Russia's envoy to India on Monday said payment problems hinder trade and there is a need for "extra efforts" from banks and exporters to overcome this hurdle.

A free trade agreement is very close to a final call with the UK while negotiations for a trade pact with Canada are expected to conclude soon, Finance Minister Nirmala Sitharaman said on Friday.

India and the UK have softened positions on most of their points of contention as both nations try to wrap up trade talks ahead of expected national polls next year, according to people with the knowledge of the matter.

Commerce and Industry Minister Piyush Goyal on Saturday said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports.

PM Modi said the pact will give further strength and new dimensions to trade and economic cooperation between the two countries.

Prime Minister Narendra Modi on Tuesday said India and Australia are working on a Comprehensive Economic Cooperation Agreement (CECA), and exuded confidence that the bilateral trade will more than double in five years.

India and Israel on Tuesday firmed up a mobility pact and vowed to expand ties in a range of areas such as trade, regional connectivity, and defence as Israeli foreign minister Eli Cohen held talks with the Indian leadership.

India will keep pushing for easier visa rules for skilled professionals hired by its companies investing in Britain as it looks to finalise a free trade pact with the UK by end-2023, according to people with knowledge of the matter.

The proposed free trade agreement (FTA) between Israel and India should be as wide as possible to enable more and more trade as it brings people together, Israel's Minister of Economy and Industry M K Nir Barkat said today.

The Indo-Pacific Economic Framework (IPEF) was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23 in Tokyo.

German Chancellor Olaf Scholz on Saturday underlined the importance of the proposed free trade agreement (FTA) between India and the European Union for boosting two-way trade and said he will personally get involved to see its early fruition.

Active negotiations for the FTAs (free trade agreements) are ongoing with two-three countries and the EU, Piyush Goyal said speaking at the Technotex event here organised by industry lobby Ficci.

For the first time the Singapore Ministry of Trade and Industry has signed a Memorandum of Understanding (MoU) for economic cooperation with the Uttar Pradesh government.

"India and Israel trade relations have reached new heights but have still not fulfilled their potential. The long-awaited Free Trade Agreement will be a catalyst for the same", Anat Bernstein-Reich told PTI.

An India-EU Memorandum of Understanding (MoU) on semiconductors was signed on Friday, ahead of the Trade and Technology Council meeting in New Delhi, according to the Ministry of External Affairs press release.

Aiming at strengthening economic ties with India, Russia's envoy to India on Monday said payment problems hinder trade and there is a need for "extra efforts" from banks and exporters to overcome this hurdle.

A free trade agreement is very close to a final call with the UK while negotiations for a trade pact with Canada are expected to conclude soon, Finance Minister Nirmala Sitharaman said on Friday.

India and the UK have softened positions on most of their points of contention as both nations try to wrap up trade talks ahead of expected national polls next year, according to people with the knowledge of the matter.

Commerce and Industry Minister Piyush Goyal on Saturday said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports.

PM Modi said the pact will give further strength and new dimensions to trade and economic cooperation between the two countries.

Prime Minister Narendra Modi on Tuesday said India and Australia are working on a Comprehensive Economic Cooperation Agreement (CECA), and exuded confidence that the bilateral trade will more than double in five years.

India and Israel on Tuesday firmed up a mobility pact and vowed to expand ties in a range of areas such as trade, regional connectivity, and defence as Israeli foreign minister Eli Cohen held talks with the Indian leadership.

India will keep pushing for easier visa rules for skilled professionals hired by its companies investing in Britain as it looks to finalise a free trade pact with the UK by end-2023, according to people with knowledge of the matter.

The proposed free trade agreement (FTA) between Israel and India should be as wide as possible to enable more and more trade as it brings people together, Israel's Minister of Economy and Industry M K Nir Barkat said today.

The Indo-Pacific Economic Framework (IPEF) was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23 in Tokyo.

German Chancellor Olaf Scholz on Saturday underlined the importance of the proposed free trade agreement (FTA) between India and the European Union for boosting two-way trade and said he will personally get involved to see its early fruition.

Active negotiations for the FTAs (free trade agreements) are ongoing with two-three countries and the EU, Piyush Goyal said speaking at the Technotex event here organised by industry lobby Ficci.

For the first time the Singapore Ministry of Trade and Industry has signed a Memorandum of Understanding (MoU) for economic cooperation with the Uttar Pradesh government.

"India and Israel trade relations have reached new heights but have still not fulfilled their potential. The long-awaited Free Trade Agreement will be a catalyst for the same", Anat Bernstein-Reich told PTI.