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New Delhi, Mar 11 (UNI) The ongoing unrest in West Asia appears to be destabilising the global energy sector, raising concerns over disruptions in oil supplies through critical chokepoints such as the Strait of Hormuz and attacks on energy infrastructure. In the midst of the crisis, the Strait of Hormuz, often described as the world's most important oil transit chokepoint, has come under renewed focus due to its central role in global energy trade. According to estimates by the United Nations ...Read More >
A New Delhi workshop focused on global trends in investment facilitation, aiming to align India's domestic reforms with best practices. Experts discussed the WTO perspective, India's policy reforms, and rising FDI to boost ease of doing business. A workshop on "The Investment Facilitation Landscape: Emerging Trends and Approaches" was organised to examine emerging global trends in investment facilitation and ease of doing business. It brought together policymakers, experts and industry stakehol ...Read More >
India and the EU will discuss key areas of the proposed free trade agreement (FTA) including market access, non-tariff measures and regulatory cooperation, during commerce and industry minister Piyush Goyal's visit to Brussels on October 27-28. Goyal will hold high-level discussions with Maroš Šefčovič, Executive Vice-President and European Commissioner for Trade of the EU. "The visit will also serve to review progress achieved so far and to identify areas requiring further convergence," the ...Read More >
New Delhi (ABC Live): In 2025, Southeast Asia sits at the crossroads of global commerce and great-power competition. The Association of Southeast Asian Nations (ASEAN) -- ten member states plus Timor-Leste awaiting full admission -- anchors a market of ≈ 680 million people and a US$3.7 trillion GDP. For over a decade, ASEAN's success has depended on balancing its two dominant partners: Yet the bloc's 2025 chair, Malaysia, has deliberately adopted the theme "Inclusivity and Sustainability", si ...Read More >
New Delhi: India on Wednesday called on developing and least developed nations to collectively work to address global trade challenges such as tariff barriers, unilateral environmental restrictions and hurdles in the services sector. Commerce and industry minister Piyush Goyal stated that areas may include critical minerals access, fertilizers and supply chain management. India bridges the technological divide via digital public infrastructure which empowers millions, he said. "It is time for ...Read More >
Chennai: Surge in imports by the US ahead of anticipated tariff increases may see global trade expand by around $300 billion in the first half of 2025, with goods contributing about $230 billion and services around $70 billion. However, India was among the few countries that saw both goods and services trade decrease in the March quarter. The second half may see slower growth, finds UNCTAD. Global trade in goods and services continued its positive trajectory during the March quarter of 2025 wit ...Read More >
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