Topic
trade-pact
Trade Assocham: India's exports to UK may reach USD 115 billion by 2030 under trade pact
Assocham has projected that the India-UK trade agreement, effective July 15, 2026, could more than double India's exports to the UK from USD 58 billion in FY2025-26 to USD 115 billion by 2030, while creating 7-10 lakh jobs. The chamber stressed the need for sustained competitiveness in quality, certification, and rules of origin compliance.
Trade India, Israel Conclude Second Round of Free Trade Agreement Negotiations in New Delhi
The second round of negotiations for the India-Israel free trade agreement concluded in New Delhi from July 20-23, 2025. Officials discussed trade in goods and services, rules of origin, technical barriers, intellectual property rights, and customs procedures. Total bilateral merchandise trade was USD 3.93 billion in 2025-26, according to an official statement from India's Commerce Ministry.
Trade India Opens Applications for Car Import Quota Under India-UK Trade Pact
India's Directorate General of Foreign Trade has invited applications for importing cars from the UK under quota-based duty concessions of the India-UK Comprehensive Economic and Trade Agreement (CETA). The agreement, effective July 15, allows 3.78 lakh passenger car imports over 15 years with tariffs reduced from up to 110% to 10%, with specific quotas per engine capacity. Applications are open from July 21 to August 4, 2026.
Trade India-UK Trade Pact Comes Into Force: Gold Standard FTA Brings Zero Duties on 99% of Indian Goods
The India-UK Comprehensive Economic and Trade Agreement (CETA) and a Social Security Agreement came into force on July 15, 2026. The pact eliminates UK duties on 99% of Indian goods from Day One and includes provisions on government procurement, intellectual property, and social security contributions for Indian professionals. Both countries aim to boost bilateral trade to $100 billion by 2030.
Trade India Exports $140 Million in Duty-Free Goods on Day One of UK Trade Pact
India exported $140 million worth of goods at zero duty on the first day of the UK-India Comprehensive Economic Trade Agreement (CETA). The pact grants duty-free access to nearly 99% of Indian exports. Key sectors include leather, textiles, gems, and electronics. The government procurement chapter opens a GBP 90 billion UK market to Indian suppliers, with safeguards for MSMEs.
Trade UK-India trade pact 'gold standard' and powerful message for rules-based order: UK envoy Lindy Cameron
The UK-India Comprehensive Economic and Trade Agreement (CETA) entered into force, with British High Commissioner Lindy Cameron calling it a 'gold standard' deal that sends a powerful message for rules-based order. The pact secures zero-duty market access for nearly 99% of India's exports to the UK and includes significant tariff reductions on Scotch whisky and premium UK-built cars.
Trade India and EU Near Completion of Legal Scrubbing of Free Trade Agreement Text, Says Minister Piyush Goyal
India and the European Union are close to completing the legal scrutiny of their free trade agreement text, according to Commerce and Industry Minister Piyush Goyal. The legal scrub should be over in another week or two, with the pact operationalised a few months after the India-UK trade agreement, which takes effect July 15. Goyal also highlighted potential for 10-fold growth in India-Spain trade, currently at $9.2 billion.
Trade Piyush Goyal Urges Businesses to 'Seize the Moment' as India-UK Trade Pact Unlocks 'Floodgates'
Indian Commerce Minister Piyush Goyal, during a three-day visit to the UK, said the recently signed Comprehensive Economic and Trade Agreement (CETA) will unlock 'floodgates' for business. He was accompanied by the largest-ever Indian business delegation of nearly 170 representatives. On US bilateral talks, Goyal noted broad agreement except on India's comparative advantage over ASEAN competitors.
Trade India seeks EU scrap export relief as curbs threaten trade pact gains
India is seeking relief from EU scrap export restrictions that threaten to undermine gains from a planned trade pact, as the bloc tightens controls on waste shipments and considers separate measures to limit aluminium scrap exports. India's steelmakers and recyclers warn that export curbs could tighten supply, raise costs, and disrupt supplies of aluminium, copper, and other recycled metals, fuelling competition among importing nations.
Trade 'It's in last 1 or 2%': US envoy Sergio Gor says India-US trade pact near finish line
US Ambassador to India Sergio Gor announced at the USISPF Leadership Summit 2026 that the India-US trade pact is 98-99% complete after an 18-month negotiation. Despite a Supreme Court intervention, US Trade Representative Jamieson Lee Greer's visit to New Delhi salvaged momentum. Gor also highlighted $20.5 billion in new US investments facilitated by the embassy and the highest level of defense cooperation between the two nations.
Trade Validity of FY26 Gold Import Quota Licences Under India-UAE Trade Pact Extended Till September 30
The Directorate General of Foreign Trade (DGFT) has automatically extended the validity of FY26 gold import quota licences issued under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) until September 30, 2026. No separate application or fee is required. The move covers the 200-metric-tonne annual gold import quota with a 1% tariff concession.
Trade India waives customs duty, IGST on imported animals under UK trade pact from July 15
India has announced a customs duty and IGST waiver on imported animals used in shows and public functions, effective July 15, under its trade pact with the UK. The notification from CBIC requires re-export within six months and a bank guarantee of 110% of duty, with exceptions for government and diplomatic missions.
Trade Nuclear Power Push: India Eyes Uranium Supply Pact with Australia During PM Modi’s Visit
India is expected to sign a uranium supply agreement with Australia during Prime Minister Narendra Modi's visit to Melbourne. The pact would secure fuel for India's expanding nuclear program. Additionally, the two countries are advancing agreements on critical minerals, cybersecurity, and clean energy. The India-Australia Economic Cooperation and Trade Agreement (ECTA), effective December 29, 2022, has boosted bilateral trade to $54.4 billion in FY25.
Trade Piyush Goyal and US Trade Representative Jamieson Greer Launch Bilateral Trade Pact Talks in New Delhi
India's Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer began talks on a bilateral trade agreement (BTA) in New Delhi on June 23, 2026. The negotiations come after significant changes in US tariff policies, including the Supreme Court striking down earlier tariffs and the imposition of 10% Section 122 tariffs. Both sides are relooking at the framework agreed in February 2026, which had proposed US tariff reductions to 18% on Indian goods.
Trade India, US to hold ministerial-level talks on bilateral trade pact this week
India and the United States will hold ministerial-level talks this week on a bilateral trade agreement (BTA). Commerce Minister Piyush Goyal announced that his US counterpart is visiting Delhi for the discussions, which aim to finalize the framework of the first-phase deal amid changing tariff landscapes and ongoing Section 301 investigations.
Trade 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.
Trade India to Allow Import of 3.78 Lakh UK Cars at Concessional Duty in First 15 Years of Trade Pact
Under the India-UK Comprehensive Economic and Trade Agreement (CETA), India will permit the import of 3.78 lakh (378,000) passenger cars from the UK at concessional duties over 15 years. Import duties on automotive products will drop from about 110% to 10%, with phased quotas. The pact takes effect on July 15.
Trade PM Modi and Trump Direct Officials to Fast-Track 'Commercially Meaningful' Trade Pact
Prime Minister Narendra Modi and US President Donald Trump directed officials to fast-track a 'commercially meaningful' trade pact during their G7 Summit meeting. US Trade Representative Jamieson Greer will visit India next week to advance negotiations. The leaders reaffirmed the India-US Comprehensive Global Strategic Partnership and reviewed progress under the COMPACT initiative.
Trade India and Canada Agree to Conclude Free Trade Pact Negotiations by End of 2026
Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney met on the sidelines of the G7 Summit in Evian-les-Bains, France, and reaffirmed their shared objective of concluding negotiations for a Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026. The two leaders also agreed to launch talks on a General Security of Information Agreement to deepen defence cooperation. The meeting builds on positive momentum following Carney's visit to India in March 2026.
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 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, UK work to resolve issues holding up trade pact implementation, says official
India and the UK are working to resolve outstanding issues that have delayed the implementation of their free trade agreement, including UK steel safeguard measures and its proposed Carbon Border Adjustment Mechanism (CBAM). Commerce Secretary Rajesh Agrawal said an Indian team is in London to operationalise the pact signed in July 2025. The UK will cut tariff-free steel quota volumes by 60% from July 1, 2026, and impose a 50% tariff on imports above the quota.
Trade India-EFTA Trade Pact Implementation on Agenda as Piyush Goyal Heads to Switzerland
Commerce and Industry Minister Piyush Goyal will visit Berne, Switzerland on June 12 to discuss implementation issues of the India-EFTA Trade and Economic Partnership Agreement (TEPA), which took effect in October 2025. EFTA members have committed to invest $100 billion in India over 15 years and create 1 million direct jobs. The visit comes as India pursues a broader strategy of free trade agreements with developed economies to support its $30 trillion economic vision by 2047.
Trade India-Oman Trade Pact Boosts Export Opportunities
The India-Oman Comprehensive Economic Partnership Agreement (CEPA), effective June 1, 2026, significantly enhances export opportunities for India's labour-intensive sectors by securing duty-free access across 98.08% of Oman's tariff lines. This agreement supports India's energy security and supply-chain resilience.
Trade India, UK Address Trade Pact Hurdles Amid CETA Delays
India and the UK are addressing hurdles in their trade pact as CETA implementation faces delays. Key issues include the UK's steel safeguard and carbon border adjustment mechanism, affecting India's exports.
Trade India-UK Trade Pact Delayed Over Steel, Carbon Tax Issues
The India-UK trade agreement faces delays as unresolved issues over steel import curbs and a proposed carbon tax persist. The UK plans to reduce steel import quotas by 60% from July 2026, while a carbon tax could impact $775 million of Indian exports.
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 Canada, India Officials Optimistic on Trade Pact Progress
Officials from Canada and India express optimism about finalizing the Comprehensive Economic Partnership Agreement (CEPA) by the end of the year. Recent discussions at the Western Canada-India Leaders Summit in Regina highlighted potential trade benefits, particularly in agricultural commodities.
Trade India, US Advance Trade Talks in Delhi with June Delegation
India and the US are set to continue trade negotiations in Delhi from June 1-4, 2026. The talks aim to finalize an interim trade pact, focusing on tariffs, market access, and economic cooperation.
Trade India, Canada Exclude Sensitive Sectors in Trade Talks
India and Canada are progressing in CEPA negotiations by excluding sensitive sectors such as agri-commodities and dairy. Piyush Goyal emphasizes capturing low-hanging fruit for mutual benefit.