Topic
goyal
Trade Punjab Basmati exporters seek assurance from Goyal on sticking to current GI area
The Punjab Rice Millers Exporters Association has sought assurance from Union Commerce Minister Piyush Goyal that the government will not expand the current Basmati Geographical Indication (GI) area to include Madhya Pradesh. Exporters warn that any change would harm India's exports and erode the heritage value of Basmati. The demand comes amid ongoing debates and a resolution by the All India Rice Exporters Association opposing expansion.
Goyal meets exporters to discuss ways to boost shipments, leverage FTAs
Piyush Goyal met with Export Promotion Councils and industry associations to discuss strategies for boosting exports and leveraging free trade agreements. The meeting focused on MSME support, innovation, and export facilitation. Trade data for April-May 2026-27 showed exports of USD 88.91 billion and imports of USD 145.35 billion.
India, US Move Closer to Interim Trade Deal After Goyal-Greer Talks in New Delhi
US Trade Representative Jamieson Greer concluded a three-day visit to New Delhi on Wednesday, holding discussions with Commerce and Industry Minister Piyush Goyal. The two sides reviewed key elements of a proposed interim trade deal, noting substantial progress toward a comprehensive Bilateral Trade Agreement (BTA).
India-EU Free Trade Agreement to Be Signed by December, Implemented from February-March Next Year: Piyush Goyal
Commerce Minister Piyush Goyal announced that the India-EU free trade agreement will be signed by December and implemented from February-March next year. The deal, described as the 'mother of all deals', will provide almost zero-duty access to the 27-nation EU bloc for Indian exports, while imports of luxury cars and wines from the EU will become less expensive. Negotiations concluded on January 27, and the second round of CEPA talks was held in May.
India, Canada Target November for Free Trade Agreement
India and Canada are negotiating a Comprehensive Economic Partnership Agreement (CEPA) with a target to finalize by November 2023. The agreement aims to triple bilateral trade to $50 billion by 2030, reducing trade barriers and opening investment opportunities.