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NEW DELHI: The conflict in West Asia may delay the roll out of the India-Oman free trade agreement, which was expected to kick in from April 1, while the UK is on course to implement the trade treaty with India around May 1, top govt officials said Thursday.EU has indicated that it is on course…
NEW DELHI: India and the UK free trade agreement is expected to be implemented from mid-April this year, commerce and industry minister Piyush Goyal said on Friday. The pact needs approval from the UK parliament before it is implemented. Goyal said that it will be the fastest agreement to be approved by the UK parliament….
Piyush Goyal (File photo) Union Minister Piyush Goyal on Wednesday said the shared vision of Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu is “steadily translating into action,” as negotiations for an India–Israel Free Trade Agreement (FTA) gather momentum, as PM Modi reaches Israel.In a post on X, Goyal highlighted ongoing discussions with…
The EU-India Free Trade Agreement is expected to open significant opportunities across trade, artificial intelligence and resilient supply chains, Austria’s State Secretary in the Federal Chancellery Alexander Proll said, describing the pact as a major step forward in economic cooperation.In an interview with PTI, Proll called the agreement a transformative arrangement that could benefit nearly…
TOI correspondent from London: MPs of all political parties criticised the UK-India FTA at a debate in the House of Commons on Monday, with shadow trade secretary Andrew Griffith saying: “Instead of a vindaloo of a deal, the PM came back with a bag of soggy poppadums.”Trade minister Chris Bryant defended the deal, saying UK…
Piyush Goyal during the signing of FTA terms between India and the GCC in New Delhi (ANI) NEW DELHI: Amid a rush of trade deals with advanced countries, India signed the terms of reference (ToR) for negotiations with the six-member Gulf Cooperation Council (GCC) on Thursday, a step towards a free trade agreement (FTA), with…
NEW DELHI: After clinching trade deals with the US and EU, India is set to kick off negotiations for an agreement with the six-nation Gulf Cooperation Council. The bloc, comprising Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain, will sign the terms of reference on Thursday, outlining the scope and modalities of the proposed…
LONDON: A House of Lords select committee has criticised various aspects of the UK-India FTA, saying in order to get the agreement over the line, a number of UK interests were omitted.Whilst the report by the International Agreements Committee says that the FTA with India is “a significant achievement with a formidable negotiating partner”, historically…
By Agneshwar SenThe conclusion of the India–European Union Free Trade Agreement marks a defining moment in India’s contemporary trade diplomacy. Beyond tariff schedules and market access gains, the agreement signals a conscious shift in India’s approach to economic integration—away from the instinctive caution that has shaped its trade policy for much of the past decade,…
New Delhi: The benefits of lower duty access for passenger vehicles will flow to European Union’s “traditional” carmakers, providing further comfort to domestic players as the market opening up is for vehicles priced above Rs 25 lakh and for specific numbers.Under the agreement, India will grant an annual quota of 1.6 lakh diesel and petrol…
