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The European Union and India are set to announce a landmark trade deal after nearly two decades of on-off talks, as both sides aim to deepen ties amid tensions with the US. India's Commerce Secretary Rajesh Agarwal said on Monday that negotiations had been wrapped up and the deal finalised. European Commission President Ursula von der Leyen and European Council President António Luís Santos da Costa are in Delhi, where the announcement is expected. Both India and the EU are seeking to streng ...Read More >
New Delhi: India and the European Union announced Tuesday the "mother of all deals", a huge trade pact to create a market of two billion people, reached after two decades of negotiations. EU chiefs and Prime Minister Narendra Modi hope the pact will help shield against challenges from the world's two leading economies, the United States and China. The agreement will cut or eliminate tariffs on almost 97 percent of European exports, saving up to 4 billion euros ($4.75 billion) annually in dutie ...Read More >
India and the European Union are advancing free trade agreement negotiations. Key tariff issues are seeing good progress. An EU delegation will visit New Delhi soon to finalize technical tariff discussions. Both sides aim for a robust and balanced agreement. This pact is expected to bring the economies closer and foster mutual benefits. Commerce and industry minister Piyush Goyal Tuesday said his talks with the EU have "significantly reduced our outstanding issues" and laid the foundation for a ...Read More >
New Delhi [India], October 27 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will visit Brussels, Belgium, on 27-28 October 2025, to hold high-level discussions with Maros Sefcovic, Executive Vice-President and European Commissioner for Trade of the European Union, the Union Ministry of Commerce and Industry informed. The visit comes at a crucial stage in the ongoing India-EU Free Trade Agreement (FTA) negotiations, as both sides intensify efforts to conclude a comprehensive, bal ...Read More >
New Delhi [India], October 27 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will visit Brussels, Belgium, on 27-28 October 2025, to hold high-level discussions with Maros Sefcovic, Executive Vice-President and European Commissioner for Trade of the European Union, the Union Ministry of Commerce and Industry informed. The visit comes at a crucial stage in the ongoing India-EU Free Trade Agreement (FTA) negotiations, as both sides intensify efforts to conclude a comprehensive, bal ...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 [India], October 26 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will visit Brussels, Belgium, on October 27-28 to hold high-level discussions with Maros Sefcovic, Executive Vice-President and European Commissioner for Trade of the European Union. The Minister's visit comes at a crucial stage in the ongoing India-EU Free Trade Agreement (FTA) negotiations, as both sides intensify efforts to conclude a comprehensive, balanced, and mutually beneficial trade agreement at ...Read More >
Indian and EU officials will commence their 14th round of free trade agreement talks in Brussels on Monday, aiming to resolve differences and conclude negotiations by December. Commerce Minister Piyush Goyal is hopeful for an early agreement, which seeks to boost bilateral commerce and investments. Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement on Monday in Brussels to iron out differences on issues for e ...Read More >
New Delhi, Sep 30: Prime Minister Narendra Modi has welcomed US President Donald Trump's 20-point peace plan for Gaza, calling it a "viable pathway" to long-term peace and stability in West Asia. "We welcome President Donald J. Trump's announcement of a comprehensive plan to end the Gaza conflict," Modi posted on X. "It provides a viable pathway to long-term and sustainable peace, security, and development for the Palestinian and Israeli people, as also for the larger West Asian region. We hope ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Saturday said that India remains committed to a mutually beneficial free trade agreement (FTA) with the European Union (EU) this year. Goyal, who met Maros Sefcovic, Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency, European Union, said the country is looking forward to the continued dialogue. "It was a pleasure hosting you for the 13th Round of India-EU FTA negotiations ...Read More >
Speaking at the 65th Annual Convention of ACMA, the Commerce Minister said that the latest GST reform will help formalise the spare parts sector economy. The recent reduction of GST on auto parts from 28 per cent to 18 per cent is the biggest indirect tax reform since Independence, Union Commerce and Industry Minister Piyush Goyal said at the ACMA Annual Conclave 2025. "Reducing GST from 28 per cent to 18 per cent is a parting gift to the industry. This is the biggest reform since Independence ...Read More >
NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India's biggest trading partner in goods, with bilateral trade hitting $137.5 billion in the 2023/24 fiscal year, up nearly 90% over the past decade. "We are now maximising our efforts to finalise negotiations by the end of the yea ...Read More >
New Delhi [India], September 12 (ANI): Union Commerce and Industry Minister Piyush Goyal on Friday lauded the relations between India and the European Union, stating that both sides "complement" each other rather than competing with each other. Goyal was speaking at the ACMA's 65th Annual Session and was addressing the issue of the India-EU Foreign Trade Agreement. He said that it is essential to expand trade between India and Europe while reflecting on EU President Ursula von der Leyen's quot ...Read More >
New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture ...Read More >
New Delhi [India], September 12 (ANI): India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced Free Trade Agreement that will benefit businesses and consumers on both sides, said Union Minister of Commerce and Industry Piyush Goyal, addressing the 65th Annual Session of the Automotive Component Manufacturers Association (ACMA) on Friday. According to a statement from the commerce ministry, Minister Goyal noted that such an agreement cannot ...Read More >
New Delhi: India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced free trade agreement that will benefit businesses and consumers on both sides, Commerce and Industry Minister Piyush Goyal said on Friday. Addressing the Automotive Component Manufacturers Association (ACMA) here, he said such an agreement cannot be a one-sided arrangement, as every negotiation involves a certain degree of give and take to ensure fairness and balance. Goya ...Read More >
EU-India FTA aims for completion by end of 2025 as economic booster. The European Union-India relationship is on a firm upward trajectory and has emerged as a "safe investment" at a time when global dynamics around trade, technology, migration, and information are increasingly being "weaponised," EU Ambassador to India Herv Delphin said on Thursday. Speaking at an event hosted by the Ananta Centre, Delphin described the recent visit of European Commission President Ursula von der Leyen and the ...Read More >
New Delhi: The European Union-India relationship is on an "ascending trend" and the two sides represent for each other a "safe investment" at a time when trade, technology, migration and information are being "weaponised", EU Ambassador to India, Hervé Delphin, said on Thursday. At an interactive session here, he also described the "historic visit" of President of the European Commission Ursula von der Leyen and the EU College of Commissioners to India in February as "a vote of confidence and t ...Read More >
New Delhi, Jul 13: The European Union and Mexico have expressed strong disappointment over US President Donald Trump's threat to impose 30% tariffs on their exports starting August 1, calling the move unfair and disruptive to global trade, BBC News reported. In response to Trump's announcement, European Commission President Ursula von der Leyen warned, "We will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required." She emphasize ...Read More >
Hyderabad: Twelve people were arrested in connection with Wednesday's violent protest against an ethanol factory proposed at Pedda Dhanwada village in Jogulamba district. Sub-inspector D Jagadeeswar said the police used video footage to identify those involved in the unrest.In a video statement on Thursday, the SI said notices were issued to five others. "Protesters came armed with sticks and red chilli powder. They pelted stones at the police and set fire to a container and makeshift shelters m ...Read More >
Brescia: India and the EU will beat the expectations of their leaders and are trying to conclude the Free Trade Agreement (FTA) talks ahead of the year-end deadline, commerce and industry minister Piyush Goyal said Thursday. In February this year, Prime Minister Narendra Modi and European Union Chief Ursula von der Leyen announced that the India-EU FTA will be reached by the end of 2025. Goyal has already met the European Commissioner for Trade Maros Sefcovic thrice in 35 days, the latest one ...Read More >
Bhopal, June 5 (SocialNews.XYZ) Senior BJP leader and Madhya Pradesh Cabinet Minister for Urban Development, Housing and Parliamentary affairs, Kailash Vijayvargiya stirred controversy on Thursday with remarks disapproving of women wearing short outfits, asserting that such a trend is a foreign concept of beauty and not aligned with Indian tradition. A six-time legislator and a state government minister, Vijayvargiya emphasised that in Indian culture, women are regarded as a form of Goddess and ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Thursday reiterated India's shared commitment to speed up the India-EU free trade agreement (FTA). Addressing the Italy-India Business Forum during his official visit to Italy, the minister said has had three meetings, in less than 35 days, with "my friend Maros Sefcovic, EU Commissioner for Trade and Economic Security". "This shows our shared commitment to speeding up the India-EU FTA," he told the gatheri ...Read More >
The escalating conflict could upset a hard-fought consensus that G20 negotiators reached around 5 a.m. on Sunday, after an overnight push to ready the joint statement for final review by leaders arriving in Rio. That preliminary consensus after six days of negotiations included streamlined language about global conflicts including the war in Ukraine, focusing on the need to negotiate peace rather than criticism of any participants. However, sources said even that "simpler" consensus may now be ...Read More >
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