German Chancellor Olaf Scholz on Friday (October 25) expressed Germany’s interest in accelerating negotiations for a comprehensive free trade agreement (FTA) between India and the European Union (EU).

The Bilateral Investment Treaty (BIT) between India and the United Arab Emirates came into force from August 31, 2024. Replacing the earlier Bilateral Investment Promotion and Protection Agreement (BIPPA).

With the finance ministry seeking 'justification' for continuing the Interest Equalisation Scheme (IES) for exporters, the commerce department is exploring ways to revamp it to ensure the scheme meets the objectives outlined during its launch nine years ago.

The Export-Import Bank of Korea (KEXIM) has expressed its interest in collaborating with the government of Andhra Pradesh on a variety of infrastructure projects. A meeting was held on Thursday at the Andhra Pradesh Secretariat, where KEXIM representatives engaged with state officials to explore potential partnerships.

Jammu & Kashmir has set a target of achieving INR 10,000 crore in exports over the next five years, according to the newly released Export Policy.

India is keeping a close watch on the trade negotiations of the Indo-Pacific Economic Framework (IPEF) for Prosperity, which the other 13 members have joined as the trade off to take on binding commitments under the pact is not clear, an official said Thursday. The members have also started a critical mineral dialogue to work on areas like regulations and technological gaps in the sector to enhance cooperation.

CSIR-CFTRI (Council for Scientific and Industrial Research- Central Food Technology Research Institute) is attracting industries, which are looking for implementing projects with highest societal impacts under their Corporate Social Responsibility (CSR) initiatives.

The standard operating procedure (SOP) document for negotiating free trade agreements (FTAs) is expected to be ready by the end of this year, an official said on Thursday. The official said that it is an internal document which aims to standardise the processes of negotiations of these pacts.

Gujarat is set to strengthen its position in India’s growing trade relationship with Spain as it hosts Spanish Prime Minister Pedro Sánchez Pérez-Castejón for the inauguration of the Tata-Airbus manufacturing facility in Vadodara. This visit marks a key milestone in fostering deeper bilateral ties.