Topic
bilateral trade
Trade India, Canada Agree to Conclude Free Trade Pact Talks by Year-End After G7 Meeting
Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney met on the sidelines of the G7 Summit in Evian-les-Bains and reaffirmed their commitment to concluding negotiations for a Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026. The leaders reviewed progress in energy, trade, and critical minerals cooperation, and announced new initiatives including Raisina Americas.
India and Sri Lanka Strengthen Trade Ties with Local Currency Settlement Initiative
India and Sri Lanka are deepening bilateral trade finance ties through local currency settlement (INR-LKR), reducing dollar dependency and transaction costs. The initiative, discussed at a round-table in Colombo, allows Sri Lankan banks and importers to access Indian rupee loans directly, preserving hard currency reserves.
Trade India, UK Working to Resolve Outstanding Issues for Trade Pact Implementation
Commerce Secretary Rajesh Agrawal confirmed that an Indian team is in London to resolve outstanding issues after the India-UK Comprehensive Economic and Trade Agreement (CETA) was signed on July 24, 2025. Key sticking points include UK steel safeguard measures and the Carbon Border Adjustment Mechanism (CBAM), which could impact Indian exports worth USD 775 million. Discussions with UK Secretary Peter Kyle are ongoing.
Trade India's Exports to US Flat in May 2025 as Imports Surge 54.43%
India's exports to the US remained flat at USD 8.82 billion in May 2025, while imports surged 54.43% to USD 3.8 billion. Overall bilateral trade data for April-May 2026-27 shows marginal export growth and significant import increase. Trade with China also saw notable shifts, with exports up 24.8% and imports up 23.4%.
Trade Finance India and UAE Intensify Efforts to Expand Local Currency Trade Settlement Beyond Oil and Gold
India and the UAE are intensifying efforts to expand the use of local currencies (rupee and dirham) for bilateral trade settlement. More than 15% of trade has been invoiced in local currencies since July 2023, but adoption remains concentrated in oil and precious metals. Authorities plan to simplify procedures, onboard more banks, and engage business communities through roadshows and chambers of commerce to reduce reliance on the US dollar.
Trade USTR Greer and Piyush Goyal to Hold Trade Pact Talks Next Week in Delhi
United States Trade Representative (USTR) Jamieson Greer will meet India's Commerce Minister Piyush Goyal next week for bilateral trade pact negotiations. The talks aim to finalize an interim framework deal and discuss the larger bilateral trade agreement (BTA), while addressing US Section 301 tariff probes on India.
Trade India's trade with West Asia gradually improving: Commerce Secretary Rajesh Agrawal
India's merchandise exports to West Asia recovered in May 2026, reaching nearly the same level as May 2025, according to Commerce Secretary Rajesh Agrawal. The improvement follows a severe decline in March and April due to the US-Iran conflict. Exports to UAE, Saudi Arabia, Jordan, Syria, and Yemen posted growth, while imports from Saudi Arabia and Oman surged.
Trade Will India-US trade deal be announced at G7? USTR signals more talks, says pact not imminent
According to a Times of India report, the U.S. Trade Representative has signaled further talks with India, indicating that a bilateral trade deal will not be announced at the upcoming G7 summit. The report did not include specific trade figures, tariff concessions, or a timeline for a final agreement.
Trade US Trade Representative Greer to Visit India June 23-24 for Interim Trade Deal Talks
United States Trade Representative Jamieson Greer will visit India on June 23-24, 2026, for discussions focused on finalizing an interim trade deal between the two countries. The visit aims to bring ongoing negotiations to a conclusion, following a bilateral meeting between President Trump and Prime Minister Modi in France on June 17.
Trade India-US Energy Cooperation Aims for $500 Billion Trade by 2030
A report highlights the potential of India-US energy cooperation to achieve a $500 billion trade target by 2030. The partnership focuses on hydrocarbons and advanced technologies.
Trade Nepal Imposes Mango Import Restrictions on India
Nepal has restricted mango imports from India due to pesticide concerns and inadequate quarantine facilities. This move impacts local markets and could lead to shortages and price hikes.
Trade India-US Trade Deal Phase One Imminent, Says Goyal
India and the US are set to finalize the first phase of their trade deal by mid-next month, according to Commerce Minister Piyush Goyal. The agreement aims to provide India with preferential access over competitors.
Trade India to Finalize 2-3 FTAs in Six Months, Says Piyush Goyal
India's Commerce Minister Piyush Goyal announced plans to implement 2-3 new free trade agreements (FTAs) within the next six months. This move is part of India's broader strategy to enhance international trade relations.
Trade India-Oman CEPA Boosts Bilateral Trade
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has commenced, enhancing trade relations between the two countries. The agreement provides preferential access for Indian exports, including textiles and marine products, to the Omani market.
Trade India, Canada Target $50B Trade with CEPA Talks
India and Canada are advancing their Comprehensive Economic Partnership Agreement (CEPA) talks, aiming to boost bilateral trade to $50 billion by 2030. Piyush Goyal's visit to Canada emphasized investment opportunities and collaboration in key sectors.
Trade India-US Trade Talks Resume June 1 to Finalize Interim Pact
India and the United States will resume trade talks on June 1 in New Delhi, focusing on finalizing an interim trade agreement. Key issues include tariff reductions and market access, with significant changes in the US tariff regime influencing discussions.
Trade India-EAEU Trade Talks Progress with Interim Deal Focus
India and the Eurasian Economic Union (EAEU) are advancing discussions on a temporary trade arrangement for select goods. The talks, described as complex, aim to establish a limited free trade zone.
Trade India-Oman CEPA: Key Benefits and Sector Gains
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) becomes effective June 1, 2026, enhancing trade by eliminating tariffs on key exports. This agreement significantly benefits sectors like engineering goods, pharmaceuticals, and textiles, while also facilitating professional mobility.
Trade India-Oman Trade Pact Effective June 1: Key Details
The India-Oman trade pact, effective June 1, 2026, provides 100% duty-free access for Indian exports to Oman, covering 98.08% of Oman's tariff lines. This agreement aims to enhance bilateral trade, which reached USD 11.18 billion in 2025-26.
Trade India-Canada CEPA: Piyush Goyal Sees New Trade Opportunities
Union Commerce and Industry Minister Piyush Goyal emphasized the potential of the India-Canada Comprehensive Economic Partnership Agreement (CEPA) to enhance bilateral trade. Speaking in Toronto, Goyal noted the trust between the two democracies as a catalyst for new trade and investment opportunities.
Trade India, Canada to Finalize CEPA by Year-End, Boost Trade
India and Canada are set to conclude the Comprehensive Economic Partnership Agreement (CEPA) by the end of 2023, aiming to triple bilateral trade by 2030. This development was announced by India's Commerce Minister Piyush Goyal during his visit to Canada.
Trade Canada plans trade mission to India this year
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Trade India Becomes Sri Lanka's Second-Largest Export Market
India has overtaken the United Kingdom to become Sri Lanka's second-largest export destination, with exports reaching USD 364.15 million from January to April 2026. Despite a slight decline in April, overall exports to India increased by 8.9% during this period.
Trade India-US Trade Talks to Begin June 1 in New Delhi
India and the US will engage in four-day trade talks starting June 1 in New Delhi. Led by Brendan Lynch and Darpan Jain, the discussions aim to finalize an interim trade agreement and address tariffs and market access.
Trade India, Canada Strengthen Trade Ties with New Forum
India and Canada have launched a new trade and investment forum aimed at enhancing bilateral trade relations. The forum seeks to foster commercial partnerships and increase business engagement between the two nations.
Trade India, Canada Target $50B Trade with CEPA by Year-End
India and Canada are working to finalize the Comprehensive Economic Partnership Agreement (CEPA) by the end of the year, aiming to boost bilateral trade to $50 billion by 2030. Indian Minister Piyush Goyal and Canadian Minister Maninder Sidhu are leading the negotiations.
Trade US-India Interim Trade Deal Talks Set for June 1-4
US trade negotiators will visit India from June 1-4 to discuss an interim trade deal. The talks aim to finalize a framework agreement, potentially before US tariffs expire on July 24.
Trade India Targets $50 Billion Trade Boost with Canadian Investors
India's Commerce Minister Piyush Goyal engaged with Canadian pension funds and investors to enhance bilateral trade to $50 billion. The discussions focused on infrastructure, financial reforms, and ease of doing business.
Trade India-Russia Forge Strategic Trade Ties in Key Sectors
India and Russia are strengthening their economic cooperation by focusing on strategic sectors such as energy, trade, and critical minerals. This initiative aims to foster long-term industrial and economic development.
Trade UK-India FTA Boosts Bilateral Trade Opportunities
The UK-India Free Trade Agreement, effective from May 2026, aims to enhance bilateral trade by reducing tariffs and simplifying regulations. This landmark deal is expected to significantly boost economic ties between the two nations.
Trade Goyal Strengthens India-US Trade Ties in New York
Piyush Goyal, India's Minister of Commerce and Industry, engaged with over 50 industry leaders in New York to discuss strengthening India-US trade relations. The meeting, hosted by the Consulate General of India and USISPF, focused on investment, innovation, and supply-chain partnerships.