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Jan 16, 2026 India, EU aim to have FTA ready ahead of leaders' meet on Jan 27: Commerce secretary. India is close to signing a long-coveted trade deal with the European Union this month, trade secretary Rajesh Agrawal said on Thursday, in what would be the South Asian nation's largest pact yet as it ‌chases new markets ‌amid US tariff pressure. Agrawal said the two sides were 'very close' to finalising the ‌agreement and were exploring whether it could be wrapped up before leaders from both sides meet in New Delhi this month. Source: economictimes.indiatimes.com
Jan 16, 2026 Hong Kong emerges key market for India's high-value exports. Hong Kong has emerged as a key destination for India's high-value exports such as silver jewellery, electronics and processed stones with shipments growing $955 million year-on-year in April-November FY26 to $4.97 billion. Source: economictimes.indiatimes.com
Jan 16, 2026 India, Israel see eye to eye on true vision for sustainable food security: Minister. Israel's Minister of Agriculture and Food Security, Avi Dichter, has said that his country and India share a 'true vision for sustainable food security' as both plan to expand their partnership in land-based agriculture to water agriculture. Source: economictimes.indiatimes.com
Jan 16, 2026 India, Canada working to finalise scope for bilateral trade pact: Commerce Secretary. India and Canada are engaged in finalising the terms of reference (ToR) to formally start negotiations for a free trade agreement (FTA), Commerce Secretary Rajesh Agrawal said on Thursday. The two countries were earlier negotiating a trade pact but it was paused by Canada in 2023. Now they have decided to resume talks from the beginning as lot has changed on the global trade front during these two years. Source: economictimes.indiatimes.com
Jan 16, 2026 India's exports to China surges 67.35% in December: Commerce Ministry data. India's exports to China jumped 67.35 per cent to USD 2.04 billion in December last year due to an increase in shipments of various products like electronics and marine, according to Commerce Ministry data. The export increase was driven by several products, such as oil meals, marine products, telecom instruments and spices. Source: economictimes.indiatimes.com
Jan 16, 2026 Expecting India's 2025-26 overall exports to touch USD 850 billion: Commerce Secretary. India is on track to cross USD 850 billion in total exports for the current financial year (FY 2025-26), driven by steady performance in both merchandise and services despite a challenging global economic climate. Commerce Secretary Rajesh Agrawal told reporters on Thursday that he is confident of India's trade trajectory. 'We are going to cross USD 850 billion of export in the current financial year. There has been a positive movement in our export growth. We have maintained the positive territory.' Source: economictimes.indiatimes.com
Jan 16, 2026 India-US talks on 'virtually', trade deal near finish line. India and the US are very close to a trade agreement, which will materialise when both sides are ready, commerce secretary Rajesh Agrawal said Thursday but stopped short of specifying a deadline. He told reporters that the negotiating teams are talking 'virtually' and the discussions had never broken down. Source: economictimes.indiatimes.com
Jan 16, 2026 India overhauls customs duty rules to help exporters and smaller businesses. The Indian government today notified a major change in customs rules to help smaller businesses and exporters find it easier to claim duty benefits. The government has overhauled customs rules to put exports sent by post at par with regular cargo exports, making it easier for exporters and smaller businesses to claim incentives such as duty drawback, Remission of Duties and Taxes on Exported Products (RoDTEP) and Remission of State and Central Taxes and Levies (RoSCTL) schemes. Source: economictimes.indiatimes.com
Jan 16, 2026 Kashmir Apples Find Global Buyers, Growers See Promise Beyond Borders. As consignments of Kashmiri apples make their way to overseas destinations, a wave of optimism is sweeping through the Valley’s orchards. For apple growers, the fruit’s entry into international markets is not just a commercial milestone but a validation of years of effort to improve quality, grading and post-harvest practices. Source: kashmirvision.in
Jan 16, 2026 Exports rise 1.8% in December on UAE, China gains despite steep US tariffs. Driven by a sharp jump in exports to China and the UAE, India’s goods exports in December managed to post a 1.8 per cent growth despite steep 50 per cent tariffs and continued uncertainty around the India-US trade deal, data released by the Commerce and Industry Ministry showed. While goods exports in December grew 1.8 per cent to $38.51 billion compared to $37.80 billion, imports jumped 8.7 per cent to $63.55 billion compared to $58.43 billion in December 2024. The trade deficit widened by 21 per cent to $25 billion compared to $20.63 billion. Data showed that exports to the US declined 1.8 per cent to $6.8 billion compared to $7 billion, but shipments to China grew 67.35 per cent and to the UAE by 14 per cent. Exports to Hong Kong also rose by 61.28 per cent. Source: indianexpress.com
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