When South Korean President Lee Jae-myung visited New Delhi in April 2026, one announcement stood out for both its economic and strategic significance: India and South Korea would accelerate negotiations to upgrade their Comprehensive Economic Partnership Agreement (CEPA). Signed in 2009 and operational since 2010, the agreement was envisioned as...
The European Union’s proposed expansion of the Carbon Border Adjustment Mechanism (CBAM) could fundamentally reshape the landscape for Indian industrial and engineering exports. What began as a climate-linked measure targeting a limited set of carbon-intensive sectors is now evolving into a broader trade compliance framework that may extend carbon-related costs...
India and the United States have unveiled a major trade breakthrough that could significantly reshape bilateral commerce, ease tariff frictions, and unlock new export momentum for Indian industry. At the heart of the understanding lies the US decision to rationalise reciprocal tariffs on a wide range of Indian goods—from labour-intensive...
India and New Zealand are progressing toward the early conclusion of a balanced, comprehensive, and future-ready Free Trade Agreement (FTA) to strengthen their economic and strategic partnership. After the recent fourth round of negotiations in Auckland and Rotorua, both countries reaffirmed their commitment to advancing discussions on goods, services, investment,...
Commerce and Industry Minister Shri Piyush Goyal met German Federal Minister Katherina Reiche in Berlin to boost collaboration in trade, investment, green energy, and technology. Discussions also focused on advancing the India-EU Free Trade Agreement (FTA), following India and the EU’s renewed commitment in February 2025 to finalize the deal...
The India–EFTA Trade and Economic Partnership Agreement (TEPA) opens a new frontier for India’s agricultural and processed food exports — not just through tariff-free access, but by unlocking entry into some of the world’s most discerning, high-income markets. Comprising Switzerland, Norway, Iceland, and Liechtenstein, the EFTA bloc values quality, sustainability,...
India’s seafood exports to EU are set for a nearly 20% rise after the bloc cleared 102 additional processing units, raising the total to 604. The move comes as US tariff hikes squeeze shrimp exports, pushing India to diversify markets with Europe emerging as a critical growth avenue. In a...
India’s textile exports face short-term challenges due to steep US tariffs, but the India-UK Free Trade Agreement (FTA) and potential EU deals offer significant growth opportunities. Duty-free access to the UK market, government support measures, and diversification into new markets are expected to offset losses, ensuring long-term resilience for RMG,...
India and Peru are in the final stages of negotiating a Free Trade Agreement (FTA), expected by late 2025 or early 2026. The deal aims to lower tariffs, ease non-tariff barriers, and expand investments across mining, agriculture, pharmaceuticals, IT, and clean energy. Bilateral trade has doubled in five years, reaching...
India’s bold move to expand its export outreach to 50 new markets marks a pivotal shift in its economic strategy, driven by the urgent need to counter the crippling impact of escalating US tariffs. As global trade dynamics evolve amid geopolitical tensions, this diversification effort underscores New Delhi’s determination to...
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