India to focus on robust pacts with developed nations: Piyush Goyal.
'India's focus is on entering into robust trade agreements with the developed world, commerce and industry minister Piyush Goyal said on Thursday. 'Our focus is on entering into robust trade agreements with the developed world,' Goyal said at an event in London.
Source: economictimes.indiatimes.com
India Exports Fresh Jamun Fruit to London.
The commerce ministry's arm Agricultural and Processed Food Products Export Development Authority (APEDA) on Thursday flagged-off the first export consignment of fresh Jamun fruit from Karnataka to London. The move marks a significant step in promoting India's traditional fruits from different regions in global markets.
Source: money.rediff.com
UK Scotch whisky makers cheer news of FTA with India, eye expansion.
Global Scotch whisky producers are eagerly eyeing India after New Delhi and London concluded their long-awaited free trade agreement (FTA), as lower tariffs are set to propel sales in the world’s largest market for the popular alcoholic drink. Finalised last month, the deal will lead to India halving its levy on British whiskies and gin from 150 per cent to 75 per cent starting from the middle of next year, and reducing it further to 40 per cent over a 10-year period.
Source: scmp.com
Focused on doing trade deals to complement, not compete: Piyush Goyal.
India is in trade dialogues with countries with whom it doesn't compete but can complement the economies involved, Commerce and Industry Minister Piyush Goyal said here on Thursday. Addressing an India Global Forum (IGF) session on UK-India Science, Technology and Innovation Collaboration at the Science Museum, the minister elaborated on the opportunities that trade deals open up - bilaterally and to the wider global economy.
Source: economictimes.indiatimes.com
US asks India to fast-track approval of exports such as meat and seafood.
As the trade negotiations between India and the US are going on, the latter has asked India to fast-track the process of approval of certain food items exported from the US including meat and seafood. The bilateral trade negotiations were going on for the last few months after the new US President Donald Trump took over the office.
Source: fnbnews.com
Indian rapeseed meal exports soar as China replaces Canadian supply.
China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100% retaliatory tariff on Canadian imports, senior industry officials said. India's rapeseed meal exports will help China, the world's top consumer, replace imports from Canada while easing pressure on local rapeseed prices in India where there are large stockpiles of the widely used animal feed.
Source: economictimes.indiatimes.com
Sealed Over Ice Cream: India-UK Free Trade Agreement Finalised During Hyde Park Stroll.
The India–UK Free Trade Agreement (FTA), finalised on 6 May 2025, was sealed not across negotiating tables, but over an impromptu walk and a chocolate ice cream in London’s Hyde Park. The casual meeting between Indian Commerce and Industry Minister Piyush Goyal and UK Business and Trade Secretary Jonathan Reynolds settled the remaining differences in what has been described as a 'balanced' and 'practical' trade pact.
Source: timesnownews.com
A New Addition to Export Basket of Karnataka: The State Starts Blackberry Export, Ships First Consignments to the UK.
As India is gearing up to enhance its trade, Karnataka has added one more agri product to the export basket. Karnataka will now export jamun (Indian blackberry) to the United Kingdom for the first time, with two trial consignments recently dispatched. The initiative is a part of the government’s broader push to diversify exports of niche and indigenous products.
Source: outlookbusiness.com
‘Everything on the table…’: India eyes duty cuts on both sides; seeks assurance Donald Trump-led US won’t impose additional tariffs after trade deal.
India seeks guarantees from the US against future tariffs as they finalize a bilateral trade agreement. India wants tariff stability, especially for labor-intensive sectors like leather and textiles. The goal is to secure preferential trade advantages through mutual duty reductions before the July 9 deadline.
Source: timesofindia.indiatimes.com
India, Canada To Resume Trade Talks As Modi, Carney Reset Ties At G7 Summit.
India and Canada have agreed to restart stalled trade negotiations and restore diplomatic normalcy following a meeting between Prime Minister Narendra Modi and his Canadian counterpart Mark Carney. During bilateral talks on the sidelines of the G7 Summit, the leaders also confirmed plans to appoint new high commissioners, signalling a reset in relations that were strained since 2023.
Source: stratnewsglobal.com