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Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, have met on the sidelines of a WTO event India and China have held talks aimed at expanding bilateral trade, on the sidelines of the World Trade Organization's ministerial conference, Commerce Minister Piyush Goyal has said. The talks between Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, come amid a thaw in trade tensions "Met Mr. Wang Wentao, Minister of Commerce of China, on the sidelines of ...Read More >
New Delhi [India], April 2 (ANI): Union Commerce and Industry Minister Piyush Goyal on Thursday asserted that India is pushing for "preferential access" and the "best possible deal" in its ongoing trade engagement with the United States, underlining that the country is currently in a "very sweet spot" among emerging economies. "Our approach is that India should get preferential access, market access and, having got the best deal compared to any of our competitors or any other emerging or develo ...Read More >
ECONOMY: India's Exports Surge 20% -- Defying Trump's Trade War Wednesday, December 17, 2025 by Indian Defence News Technicians work with robots on the assembly line in a hi-tech manufacturing hub in India India's exports surged by nearly 20 percent in November 2025, marking the fastest growth in three years despite the escalating US trade war under President Donald Trump. Goods exports reached $38.13 billion, a 19.4 percent rise year-on-year, reversing October's 11.8 percent decline to $34.38 ...Read More >
Visakhapatnam, Nov 14 (PTI) Commerce and Industry Minister Piyush Goyal on Friday said India is negotiating free trade agreements at present with countries, including the US, European Union, New Zealand, Oman, Peru and Chile. He also said that the India Trade Promotion Organisation (ITPO) would be happy to join hands with the Andhra Pradesh government to develop a world class convention centre - Andhra Mandapam - here like Bharat Mandapam in New Delhi. The minister added that lowering trade ba ...Read More >
Prime Minister Narendra Modi is addressing NDTV World Summit and will speak about "Unstoppable Bharat: The Force of Now" at the Bharat Mandapam, a world-class convention centre in Delhi. The theme of the 2025 edition is 'Edge of the Unknown: Risk. Resolve. Renewal'. It is an invitation to confront uncertainty with imagination, to see resolve not as reaction but as deliberate intention, and to embrace renewal not as a return to the past but as the creation of futures yet to be defined. Here are ...Read More >
New Delhi, Oct 19 (SocialNews.XYZ) Minister of Commerce and Industry Piyush Goyal on Sunday listed the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) which has now come into force, and his meeting with UK Prime Minister Keir Starmer in Mumbai to advance the India-UK trade and investment partnership as major highlights of his ministry in the last fortnight. "The Trade and Economic Partnership Agreement (TEPA) between India and the EFT ...Read More >
According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth. The International Monetary Fund (IMF)'s recent upward revision of India's FY26 economic growth forecast to 6.6% from 6.4% earlier reflects the country's economic resilience and strong fundamentals, Commerce and Industry Minister Piyush Goyal sa ...Read More >
New Delhi [India], October 17 (ANI): Prime Minister Narendra Modi on Friday emphasised that India's growth is shaping global opportunities and the whole world is looking at India as a "reliable, responsible and resilient" partner. Addressing the NDTV World Summit 2025, Prime Minister Modi noted that European nations have committed to investing billions of dollars in India, which will generate huge employment, adding that these investments are helping India to make a nerve centre of the global s ...Read More >
Martin Saladin, Head of Promotion Activities Directorate at State Secretariat for Economic Affairs Martin Saladin, Head of the Promotion Activities Directorate at the State Secretariat for Economic Affairs, SECO, the Swiss government, on Wednesday said that Switzerland is shifting its focus towards India as a strategic economic partner amid the US trade tariffs. On US tariffs, Saladin said, "This is a concern. Obviously, Switzerland has also very high tariffs at the moment with 39 per cent. Th ...Read More >
New Delhi: A team of senior officials from India will visit the US this week for trade talks, and negotiations on the proposed bilateral trade agreement are progressing well, a top official said Monday. In February this year, leaders of the two countries directed officials to negotiate a proposed Bilateral Trade Agreement (BTA). It was planned to conclude the first tranche of the pact by the fall (October-November) of 2025. So far, five rounds of negotiations have been completed. "The Indian ...Read More >
New Delhi, Oct 16 (PTI) India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said. India has implemented trade pacts with Australia, the UAE and EFTA bloc. It has also signed an agreement with the UK. "We have done free trade agreements (FTAs) with many developed countries in the last three years...We are in active dialogue with the US, ...Read More >
NEW DELHI, Sept 30 (Reuters) - India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, opens new tab, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs ...Read More >
New Delhi, Oct 1 (PTI) India will not only attract USD 100 billion committed investments from the four-nation EFTA bloc under a trade agreement, but also look at an additional USD 150 billion, Commerce and Industry Minister Piyush Goyal said on Wednesday. He said that huge opportunities are there for companies from these four countries to invest in India. Under the India-EFTA trade and economic partnership agreement (TEPA), New Delhi has received a commitment of USD 100 billion FDI from EFTA o ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object i ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Indian coffee is sustainable as it is grown in conjunction with forests, and its exports have doubled in recent years, Commerce Secretary Rajesh Agrawal said on International Coffee Day on Wednesday. Inaugurating the coffee experience zone and expo organised by the Coffee Board on the occasion, Agrawal, who took charge as Commerce Secretary on Wednesday, emphasised the need for greater diversification in the area of coffee cultivation. "With a fast-rising midd ...Read More >
New Delhi, Oct 1 (PTI) Swiss State Secretary for Economic Affairs Helene Budliger Artieda on Wednesday pitched for a bilateral investment treaty with India, following the USD 100 billion investment commitment by EFTA nations under a new trade pact. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The free trade agreement between India and the four-nation European bloc EFTA came into force on Wednesday, under which the country has received ...Read More >
New Delhi, Oct 1 (PTI) Swiss State Secretary for Economic Affairs Helene Budliger Artieda on Wednesday pitched for a bilateral investment treaty with India, following the USD 100 billion investment commitment by EFTA nations under a new trade pact. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The free trade agreement between India and the four-nation European bloc EFTA came into force on Wednesday, under which the country has received ...Read More >
New Delhi, Oct 1 (PTI) The free trade agreement between India and the four-nation European bloc EFTA came into force on Wednesday, under which the country has received an investment commitment of USD 100 billion over 15 years, while lowering or removing duties on products like Swiss watches and chocolates. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. Commerce and Industry Minister Piyush Goyal said the ...Read More >
New Delhi, Oct 1 (PTI) The free trade agreement between India and the four European nations bloc EFTA has come into force, Commerce and Industry Minister Piyush Goyal said on Wednesday. He said the pact will unlock new opportunities for trade, investment and job creation, benefiting people and businesses. "Truly a historic day, as the India-EFTA Trade and Economic Partnership Agreement (TEPA) comes into force," he said in a post on X. Head of the Swiss Federal Department of Economic Affairs, ...Read More >
India and EFTA nations -- Norway, Switzerland, Iceland and Liechtenstein -- on March 10 signed the Trade and Economic Partnership Agreement (TEPA) with a binding commitment from the bloc for infusion of direct investments of $100 billion into India over 15 years to create 1 million jobs. After completion of legal processes in respective countries, TEPA will be formally operationalized from Wednesday, officials said. TEPA came as some relief to Indian exporters who have been badly hit by 50% addi ...Read More >
Explore India's FTA with EFTA: USD 100 billion investment, 1 million jobs, tariff reductions, and benefits for key sectors. New Delhi, Oct 1 (PTI) India's free trade agreement (FTA) with four European nation bloc European Free Trade Association (EFTA) comes into effect. It is aimed at boosting two-way commerce and investments. The EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. * What is an FTA? It is an arrangement between two or more count ...Read More >
New Delhi, Oct 1 (PTI) India's free trade agreement (FTA) with four European nation bloc European Free Trade Association (EFTA) comes into effect. It is aimed at boosting two-way commerce and investments. The EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. * What is an FTA? It is an arrangement between two or more countries where they agree either to eliminate or reduce customs or import duties on the maximum number of goods traded between th ...Read More >
India is aggressively expanding its global trade footprint, actively pursuing numerous FTAs across Europe, Asia, and the Middle East. Recent milestones include operationalizing a landmark investment-linked pact with EFTA, accelerating CEPA with the UAE, and advancing talks with the EU, EAEU, and Oman, signaling a strategic push for economic cooperation and influence. India is quietly but steadily positioning itself at the centre of global trade networks. With multiple free trade agreements (FTA ...Read More >
New Delhi, Sep 30 (PTI) As the free trade agreement between India and four European nations EFTA will come into effect from Wednesday, several Swiss products like wines, chocolates, apparel, and watches will become cheaper in the domestic market. On the other hand, Indian labour-intensive sectors, such as certain agri goods like tea and coffee, fruits, processed, textiles, marine products, leather, sports goods, toys, and gems and jewellery, will get greater market access in the member countrie ...Read More >
New Delhi, September 30 (IANS): As the India-European Free Trade Association (EEFTA) Trade and Economic Partnership Agreement (TEPA) comes into effect from October 1, the India-EFTA Desk has been inaugurated as a single-window platform to facilitate EFTA investments in renewable energy, life sciences, engineering, and digital transformation, while fostering joint ventures, SME collaborations, and technology partnerships, the government said on Tuesday. The TEPA establishes India's first FTA wit ...Read More >
NEW DELHI, Sept 30 (Reuters) - India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, opens new tab, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs ...Read More >
NEW DELHI (Reuters) -India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs on 92.2% of tariff lines ...Read More >
New Delhi: The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of $100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway and Switzerland. It was signed March 10, 2024. Domestic cust ...Read More >
New Delhi, Sep 30 (PTI) The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, ...Read More >
New Delhi [India], September 29 (ANI): The third edition of the Uttar Pradesh International Trade Show 2025 concluded successfully at India Expo Centre in Noida, setting new records in participation and business engagement, said Rakesh Kumar, Chairman of India Expo Centre & Mart, on Monday. "This edition set a record with 2,250 exhibitors from Uttar Pradesh showcasing products across large, medium, small sectors, and ODOP CM youth categories," Kumar told ANI at the sidelines of the event. He sa ...Read More >
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