India will continue its cooperation with Russia despite the US Senate's consideration of a bill imposing secondary sanctions on Russia's trading partners, according to Arvind Kumar, Professor at Nalanda University.
American Christmas tree growers are urging the US government to maintain tariffs on Chinese-made artificial trees, fearing that lower tariffs would re-expose family farms to decades of below-cost import pricing.
India has challenged the US's proposed tariffs linked to forced labor, arguing the US approach is inconsistent and that such issues should be resolved via bilateral trade negotiations. India's representative questioned exemptions and the basis for tariffs, stating they would increase costs for all parties involved.
Indonesian Industry Minister Agus Gumiwang Kartasasmita highlighted Russia's technological advantages in oil and gas at the Innoprom exhibition. He expressed gratitude for Russia's high-level organization of the event and discussed bilateral trade, seeking Russian partners for fertilizers, aircraft, and machinery to support Indonesia's goal of becoming the world's fifth-largest economy.
The India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026. Indian Commerce Minister Piyush Goyal described CETA as India's most comprehensive trade pact, expected to provide significant economic benefits and boost bilateral trade.
The US and India are close to finalizing a significant trade deal, opening India's vast market to American goods on mutually beneficial terms, aiming for $500 billion in bilateral trade by 2030, with recent trade figures showing substantial increases.
India and the UK will implement their Comprehensive Economic and Trade Agreement (CETA) from July 15, aiming to expand market access, reduce tariffs, and deepen cooperation. The pact is expected to open a market worth over $500 billion for Indian exporters and includes provisions for the automotive and spirits sectors.
India and the UK will implement their free trade agreement on July 15, enabling tariff reductions and enhanced economic cooperation. The pact, signed last year, is expected to boost bilateral trade by £25.5 billion annually and includes significant tariff cuts on products like whisky, automobiles, and cosmetics.
US President Donald Trump stated that a trade agreement with India is "very close to the deal." USTR chief Jamieson Greer will visit India next week for final talks with Commerce Minister Piyush Goyal. Most issues are reportedly settled, with an interim agreement expected before July 24.
President Macron hosted PM Modi for talks, aiming to expand India-France strategic partnership. Key outcomes include an innovation roadmap, economic security dialogue, AI governance group, and a goal to double bilateral trade in five years. Defense, civil nuclear cooperation, and talent mobility were also discussed.
Thailand and Vietnam agreed to nearly double bilateral trade to $25 billion within four years, with plans to double it again later. The deal aims to integrate supply chains in electronics and semiconductors and reduce trade barriers, addressing shared external shocks like the fracturing of the rules-based trading order.
Russian President Vladimir Putin stated that India's growing cooperation with the US does not harm its ties with Russia, and attempts to pressure New Delhi will fail. He highlighted India's strong economic growth and expressed confidence in reaching $100 billion in bilateral trade.
The US Trade Representative's office announced a new US-China Board of Trade to manage bilateral trade, potentially considering tariff modifications on non-sensitive goods. The board aims to facilitate trade between the two largest economies.
The US has proposed 12.5% tariffs on imports from India and 54 other economies, citing concerns over forced labor and excess industrial capacity under Section 301 investigations. India is engaging with the US on the matter.
India and the US have finalized the legal text for the first part of a bilateral trade agreement, with negotiations now focused on minor details. The deal's finalization hinges on clarity regarding the US tariff mechanism post-June, as India seeks to maintain export advantages.
India and the US have finalized the legal text for the first part of a bilateral trade agreement, with negotiations now focused on minor details. The deal's finalization hinges on clarity regarding the US tariff mechanism post-June, as India seeks to retain tariff advantages for its exports.
The US and China aim to establish a board of trade to manage bilateral trade in non-sensitive goods and discuss tariff reductions. To ensure effectiveness, both nations must agree on a detailed mandate and learn from past economic engagement bodies, identifying specific products for tariff adjustments while excluding sensitive sectors like critical minerals and semiconductors.
Russia and China have seen a return to positive trade turnover dynamics this year, according to Russian First Deputy Prime Minister Denis Manturov. He met with Chinese Vice Premier Ding Xuexiang in China, emphasizing the need for predictable conditions for business and highlighting the 10th Russia-China Expo in Harbin.
US President Donald Trump arrives in Beijing for a state visit until May 15, to discuss bilateral trade, Iran conflict, and Taiwan issue with President Xi Jinping, accompanied by a large business delegation.
Spanish Prime Minister Pedro Sanchez’s diplomatic balancing act during his visit to China last month marked a sharp contrast with a European Union grappling with geopolitical upheaval and economic stagnation. Sanchez pushed for closer ties with Beijing while raising concerns over a persistent bilateral trade deficit and the Ukraine war, an approach that analysts said could serve as a diplomatic template for Brussels amid its fraying relationship with Washington. According to Wang Hanyi, a...
India and New Zealand have signed a 'once-in-a-generation' trade pact, granting Indian exporters duty-free access to New Zealand. The agreement aims to double bilateral trade to $5 billion in five years and includes a $20 billion investment commitment from New Zealand. Both nations are optimistic about the pact's potential to boost economic growth and cooperation across various sectors.
India-New Zealand FTA: It aims to double bilateral trade, provide Indian exporters duty-free access to the New Zealand market, and attract investments worth $20 billion over the next 15 years.
India and New Zealand will sign a free trade agreement on Monday providing duty-free access for Indian goods, benefiting leather exporters from Agra. Commerce Minister Piyush Goyal announced the pact aims to double bilateral trade currently at $2.4 billion and attract $20 billion investment over 15 years.
India and New Zealand are set to sign a Free Trade Agreement on Monday at Bharat Mandapam. The deal aims to boost bilateral trade to $5 billion, provide duty-free access for Indian exports, and facilitate workforce mobility for professionals.
