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‘Sour grapes?’ Piyush Goyal hits back at Congress for calling India-EU FTA deal ‘hugely-hyped’

NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday strongly rebutted Congress leader Jairam Ramesh’s criticism of the India-European Union free trade agreement (FTA), questioning the opposition’s credibility and defending the pact as a landmark, win-win economic deal that could unlock major growth and employment opportunities for India.Responding to an X post by Ramesh…

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Canada looks to fast-track India trade talks, invites Commerce minister Piyush Goyal for FTA push

Canada has conveyed its intent to expedite the launch of formal negotiations for a free trade agreement (FTA) with India, signalling a reset in bilateral trade engagement after talks were paused in 2023, PTI reported citing an official statement on Wednesday.Canada’s Minister of Export Promotion, International Trade and Economic Development Maninder Sidhu has invited Commerce…

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India-EU FTA: Stainless steel body seeks safeguards for domestic industry

The Indian Stainless Steel Development Association (ISSDA) on Wednesday described the India–European Union free trade agreement as a significant step in India’s global trade engagement, while cautioning that adequate safeguards will be needed to protect domestic stainless steel producers, PTI reported.India and the EU announced the conclusion of negotiations for the FTA earlier this week….

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India–EU FTA seen as credit positive, to boost manufacturing and foreign investment: Moody’s

The India–European Union Free Trade Agreement (FTA) will be credit positive for India, helping attract foreign investment, strengthen manufacturing and improve export competitiveness in labour-intensive sectors, Moody’s Ratings said on Wednesday.India and the EU announced the conclusion of negotiations for the long-pending FTA earlier this week, describing it as the “mother of all deals”. Under…

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Renault’s reset may get FTA boost

Chennai: Renault said the proposed India–European Union Free Trade Agreement (FTA) could significantly strengthen its manufacturing and export strategy in India, positioning its Chennai facility as a key global hub for vehicles and auto components. With tariff barriers expected to moderate, the French automaker aims to leverage higher localisation, expanded component exports, and new model…

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India–EU FTA: Top winners and losers of the ‘mother of all trade deals’

NEW DELHI: India and the European Union on Tuesday announced the conclusion of negotiations for a landmark free trade agreement (FTA), ending talks that began nearly two decades ago.The “mother of all deals” is India’s 19th trade agreement and is expected to significantly boost exports to the 27-nation EU bloc while reshaping competition for several…

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India-EU FTA: Was Donald Trump a ‘unifier’ behind ‘mother of all deals’ – what Piyush Goyal said

NEW DELHI: Union commerce minister Piyush Goyal on Tuesday dismissed speculations that US President Donald Trump played a role in bringing India and the European Union together for their landmark free trade agreement, saying “don’t think we even discussed this.”Goyal made these remarks while responding to a question that sought to link the India–EU Free…

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