Topic
Market Access
India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders
India-China border trade via Lipulekh Pass will restart on August 1, 2026. The Chinese administration in Tibet has granted permission for only 20 Indian traders to visit Purang (Taklakot) in the first phase to assess preparedness and inspect existing stock. The trade, which has centuries-old roots, was suspended in 2019 due to COVID-19 and is vital to the economy of the border region.
RBI Deputy Governor Rohit Jain Calls for Wider Bond Market Access to Meet India's 2047 Goals
RBI Deputy Governor Rohit Jain said bond markets need more depth, not just scale, so that a wider range of enterprises can access market-based finance. Speaking at the Financial Institutions Leadership Conference, he emphasised that India's goal to become a developed economy by 2047 requires financial markets to mobilise substantially more long-term capital and distribute risk efficiently.
Afghanistan Chamber Proposes Deeper Trade Ties with India, Easier Business Access
The Afghanistan Chamber of Commerce and Investment (ACCI) has proposed deeper economic cooperation with India, focusing on agricultural exports, mining, and easier business visas, during a meeting between ACCI Chairman Sayed Karim Hashemi and Indian Ambassador Yatin Patel in Kabul. Bilateral trade stood at USD 907.85 million in 2025-26, while Afghanistan's transit trade with Pakistan has sharply declined.
India-China Border Trade via Lipulekh Pass to Resume After 6-Year Hiatus
India and China will resume border trade through the Lipulekh Pass after a six-year suspension. The Dharchula administration has issued 26 trade passes to 17 traders and 9 helpers, and a customs office has been established at Gunji. The first batch of Indian traders is expected to reach Tibet on June 26, while a second batch of 25 traders is under process.
Indian Consumer Giants Boost Africa Investments as Beverages and Hair Care Drive Growth
Indian consumer goods companies are significantly increasing investments in Africa, shifting from market entry to large-scale operations. Beverages, hair care, and personal care sectors are driving robust growth, with companies like Dabur, Marico, GCPL, and Varun Beverages reporting strong earnings. Executives cite young demographics, urbanisation, and underpenetrated markets as long-term growth drivers.
Trade IVPA Signs MoU with China Industry Body CFNA to Strengthen Edible Oil Trade
The Indian Vegetable oil Producers’ Association (IVPA) and the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal Byproducts (CFNA) signed an MoU on July 1, 2025, at the CCOC 17 Conference in Shanghai to strengthen industry linkages and promote trade in edible oils and oilseeds.
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.
Over 800 Chinese Entrepreneurs Attend India Investment Conference in Hangzhou
More than 800 Chinese entrepreneurs, investors, and tour operators participated in India's first 'Trade, Technology & Tourism' business conference in Hangzhou, organised by the Indian Consulate in Shanghai. The event highlighted India's 'Developed India 2047' vision and discussed AI, trade, investment, and supply chain collaboration.
India Allows Four Chinese Power Equipment Firms Into Critical Tenders Amid Political Backlash
India has allowed four Chinese power equipment manufacturers—TBEA Energy, Nanjing Electric India, New Northeast Electric India, and Taikai Electric (India)—to participate in government tenders for critical power projects without prior security clearances. The finance ministry order dated June 24 grants a two-year exemption following a request from the power ministry. The move has drawn criticism from Congress, with party general secretary Jairam Ramesh calling it a 'calibrated capitulation' to China.
CaratLane Pauses Own West Asia Entry, May Use Damas Stores via Titan Deal
Titan-owned jeweller CaratLane has paused independent plans to enter the Middle East due to regional conflicts, but will likely use the recently acquired Damas Jewellery's 140+ GCC stores for future entry. Titan bought a 67% stake in Damas for Rs 1,630 crore earlier this year, with an option to buy the remaining 33% by 2029.
Trade New Zealand Opens Door to Offshore Wind Investment with New Permitting Law
New Zealand's parliament has passed the Offshore Renewable Energy Bill, creating a formal two-stage approval process for offshore wind development. The New Zealand Wind Energy Association says the law provides regulatory certainty and the confidence needed to attract investment into the country's world-class offshore wind resources, particularly in the South Taranaki Bight.
Saudi Low-Cost Carrier Flyadeal Launches Daily Hyderabad-Riyadh Flights into India
Saudi low-cost carrier flyadeal has commenced daily flights between Hyderabad and Riyadh, marking its entry into the Indian aviation market. The Times of India reported the launch on July 6, 2026, but no further details on schedules or cargo services were provided.
Trade Kashmir Growers Gain Overseas Market Access with First Premium Fruit Shipments to UAE
Kashmir's horticulture sector achieved a breakthrough with the export of premium stone fruits to the UAE. Fruit Master dispatched a 1-tonne consignment of Aerko cherries and Scentrose plums from Shopian and Pulwama to Abu Dhabi and Dubai. The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the shipment, which was virtually flagged off by Chairman Abhishek Dev. Commerce Minister Piyush Goyal hailed it as a milestone for the region's horticulture.
Trade Chinese Smartphones Banned or Shelved: The Best Phones You Can’t Officially Buy in the US
A range of flagship Chinese smartphones remain unavailable for official purchase in the United States due to trade bans and market strategies. Devices from Xiaomi, Oppo, Honor, Infinix, and others offer cutting-edge specs but require import for US buyers.
India-EU Free Trade Agreement to Be Signed by December, Effective Early 2027: Piyush Goyal
Commerce minister Piyush Goyal announced that the India-EU FTA will be signed by December 2026 and come into force between February and March 2027. The deal will provide duty-free access to 93% of Indian exports, while EU luxury cars and wines will become cheaper in India. US trade representative Jamieson Greer will also visit India for trade talks.
Trade The Easy Era of Critical Mineral Trade Is Over as Governments Reshape Supply Chains
A UNCTAD report cited by Splash247 warns that the era of predictable critical mineral trade is over. Governments now treat minerals as strategic assets, China controls over 80% of rare earth refining, and countries like Indonesia ban raw ore exports to force domestic processing. These shifts create new logistics challenges for importers and exporters.
Trade Texas Seeks Dual Stock Listings with London as Historic Ties Rekindle
Texas state and city officials are pursuing dual listings between the London Stock Exchange and the Texas Stock Exchange to boost trade and investment. The move rekindles historic ties dating back to the Republic of Texas embassy in London nearly 200 years ago.
India Eyes $200 Billion Export Opportunity to BRICS Countries by 2030, Says ASSOCHAM
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) projects India's exports to BRICS nations could hit $200 billion by 2030, capturing 4% of the bloc's global imports. The target hinges on enhanced South-South cooperation, focusing on sectors like electronics, chemicals, and pharmaceuticals.
Sitharaman: External Aid Projects Must Help Northeast Products Access Global Markets
Union Finance Minister Nirmala Sitharaman said externally aided projects (EAPs) should serve as instruments to help Northeast India's local products access global markets. She noted EAP assistance increased seven-fold under the Modi government, from Rs 9,000 crore (2004-2014) to Rs 76,000 crore (2014-2026). She also inaugurated Northeast India's largest organic spice processing facility in Meghalaya.
Trade India’s agri export promotion shifts to value-added products and niche markets globally
India's agricultural export promotion strategy is pivoting from traditional cereal exports to value-added products and niche markets. The number of HS 8-digit products exported grew from 298 in FY2014–15 to 438 in FY2025–26, while processed and value-added product shares have steadily increased. The three-way diversification in products, markets, and value addition has made India's agri export sector more resilient.
India launches sustainability certification framework for exports to meet EU, UK norms
India's commerce ministry has begun developing a sustainability certification framework for exports, seeking input from export-oriented sectors to meet compliance norms in the EU and UK. The initiative aims to generate verifiable data and strengthen India's capacity to comply with trading partners' regulations, as Europe and North America account for about 40% of India's goods exports.
India's mango exports reach 45 countries; US shipments likely to grow over 30% this season: APEDA
India's mango exports have reached more than 45 countries this season, with shipments to the United States already surpassing last year's full-season volumes nearly a month before the season ends. APEDA Chairman Abhishek Dev said exports to the US are on track to grow by more than 30% this season, driven by promotional campaigns in major US cities. Overall agricultural and processed food exports reached $53 billion last financial year, and India's export basket has diversified from around 280 to nearly 500 products over the past decade.
India Inc gears up for Middle East rebound after peace deal
Following a peace agreement, Indian FMCG and auto companies are ramping up exports to the Middle East. AWL Agri Business, Parle Products, Dabur, and Maruti Suzuki are increasing capacity utilization and expecting lower prices as freight surcharges ease.
India Gains EU Approval to Export Aquaculture Products, Eggs, and Honey Beyond September 2026
The European Union has amended Regulation (EU) 2021/405 to address antimicrobial resistance, effective September 2026. India's inclusion in the authorised countries list ensures continuous export of aquaculture products, eggs, and honey to the EU. Fish and fishery exports from India to the EU are valued at about USD 1.59 billion.
Pakistan Eyes Higher Donkey Meat, Other Related Products Export to China
The Times of India published an article with the headline 'Pakistan eyes higher donkey meat, other related products export to China', but the body text did not contain any substantive information about trade volumes, agreements, or market access.
Trade US Requires Foreign Influencers to Obtain Work Visas for 2026 World Cup
The US Customs and Border Protection and Department of Homeland Security have jointly announced that foreign influencers covering the 2026 World Cup must obtain work visas if they generate earnings from content creation. The policy affects FIFA's agreements with TikTok and YouTube, which involve international creators. US authorities plan to reinforce inspections and monitor digital activity for compliance.
India Protecting Industry from Unfair Trade Practices of Certain Countries: Piyu
Commerce and Industry Minister Piyush Goyal stated that India is protecting its domestic industry from unfair trade practices of certain countries, including overcapacity and dumping. He noted that the EU, US, and UK are also safeguarding their steel industries. Goyal added that the WTO is currently not very effective, necessitating bilateral actions, and highlighted India's recent FTAs and investment commitments.
Trade Clarkson's Farm Season 5: Richard Ham's Fate and a Top Gear Twist
Clarkson's Farm season 5 episode 5 reveals the fate of the beloved pig Richard Ham, confirming he remains at Diddly Squat Farm. Jeremy Clarkson introduces a new pig, James Boar, adding a Top Gear-themed twist.
China's Mineral Framework Sparks Importer Concerns
China's new mineral resource framework, effective June 15, 2026, raises concerns among Indian importers due to its potential impact on global supply chains. The policy, approved by Premier Li Qiang, aims to stabilize supply but may increase price volatility.
Assam CM Meets EU Delegation to Enhance Trade Ties
Assam CM Himanta Biswa Sarma met with a 'Team Europe' delegation to strengthen trade and investment ties. The meeting focused on enhancing cooperation under the India-EU Comprehensive Strategic Agenda.
Trade India Expands to 1,821 New Markets in FY26 Amid Agri Export Challenges
In FY26, India expanded its agricultural exports to 1,821 new markets, generating $202 million in additional exports. Despite a 2.8% rise in agri exports to $52.55 billion, supply chain inefficiencies remain a significant hurdle.
India's Trade Strategy Faces Six Major Challenges
India's trade agreements face significant challenges, including rising trade deficits and underutilization of FTA benefits. The Global Trade Research Initiative highlights tariff asymmetries and manufacturing shifts as key issues.
Trade India's Green Hydrogen Strategy Hinges on Fertiliser Security
India's National Green Hydrogen Mission aims to produce 5 million tonnes of green hydrogen by 2030, but current projections suggest a shortfall. The strategy emphasizes fertiliser security to mitigate import dependence and enhance energy security.
South America Expands Trade Ties with India
South America, led by Argentina, is intensifying trade relations with India, emphasizing economic complementarity. Argentina is a major provider of edible oils to India, while India exports pharmaceuticals and machinery.
Trade EU Faces Setback in India Over GI Tags for Wines, Spirits
The EU's bid for exclusive marketing rights for its wines, spirits, and cheese in India faces hurdles due to geopolitical tensions involving Jammu and Kashmir. This development could impact the EU's ₹9,000 crore market in India.
India: A Base for Global Manufacturing, Says Goyal
Union Commerce Minister Piyush Goyal encourages multinational companies to view India as a manufacturing base rather than just a market. He highlights India's potential as a global supply chain hub.
Global Investors Eye India for Long-Term Growth, Says Goyal
Union Commerce Minister Piyush Goyal highlights India's appeal to global investors at the Citi India Conference 2026. With nine free trade agreements in recent years, India is poised for sustained economic growth.
India's Gold Smuggling Surges Amid 15% Import Duty Hike
India's recent increase in gold import duty to 15% has led to a surge in smuggling, with gold entering from the Middle East, Bangladesh, and Nepal. The price gap between legally and illegally imported gold is significant, prompting concerns from industry experts.
Trade Gulf Offshore Market Faces Contract and Insurance Challenges
The Gulf offshore market is under pressure due to contract suspensions and rising insurance costs. Key operators in Saudi Arabia, UAE, and Qatar face challenges as insurance premiums soar and the Strait of Hormuz closure impacts trade.
Trade June 2026 Trade Insights: Volumes, Rates, and Policies
The June 2026 'State of the Industry Report' reveals volatile freight markets with rising spot rates and tightening capacity. Inflation impacts costs, while modal shifts emerge.
India Requires Prior Authorisation for Silver Imports
India has introduced a new policy requiring prior authorisation for silver imports, effective immediately. This move aims to regulate the inflow of silver from key trading partners like the UAE, Britain, and China.
China's New Tech Regulations Impact India Trade
China's new regulations, effective July 1, 2026, may delay India's tech imports in electronics and automobiles. The rules empower China to scrutinize outbound tech transfers, impacting bilateral trade valued at $155 billion in 2025.
Govt Notifies Two Special Economic Zones in Puducherry
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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.
Piyush Goyal urges Canada for dual degrees
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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.