The India-UK Free Trade Agreement, effective July 15, is welcomed by alcoholic beverage makers for boosting trade and premiumization. While imported spirits may see reduced concessions in some Indian states, the pact aims to make premium international brands more accessible to Indian consumers.
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.
India and the European Union are poised to sign a significant free trade agreement by the end of the year, following discussions between Prime Minister Narendra Modi and EU leaders. The pact also includes enhanced security and defense cooperation and aims to advance the India-Middle East-Europe Corridor for improved connectivity.
India's Commerce Minister Piyush Goyal stated that while countries globally are increasingly protecting domestic industries, India is addressing trade challenges through dialogue and partnerships. He noted the WTO's current ineffectiveness but affirmed trade operates under its framework, with India pursuing FTAs and investment.
US President Donald Trump stated the US might not renew its free trade agreement with Canada and Mexico, citing trade deficits. The pact requires renewal by July 1 or a 10-year exit process.
The Eurasian Economic Union (EAEU) is exploring free trade agreements with Tunisia, Pakistan, and several African nations, with negotiations with India at an advanced stage.
Tech companies like Meta, Google, and TikTok cite the US-Australia free trade agreement and threaten retaliation to oppose Australia's proposal forcing them to pay news outlets for content, arguing it's discriminatory and violates trade rules.
Meta has criticized Australia's proposed News Bargaining Incentive (NBI), calling it "poorly designed" and "grossly unfair." The tech giant argues the plan, which would levy digital platforms to fund media outlets, insulates publishers from necessary innovation and violates trade agreements.
Canada and Mexico are pushing for a 16-year renewal of the North American free trade agreement (USMCA) with the United States. This move aims to secure the pact amid US President Donald Trump's skepticism. The agreement is crucial for both nations, with the US being their primary trading partner.
Russia has completed the ratification of the free trade agreement between the Eurasian Economic Union (EAEU) and Indonesia. Signed in December 2025, the agreement aims to establish preferential trade for about 90% of goods and foster cooperation in various sectors.
The GCC and the UK have concluded free trade agreement negotiations, marking a new era of strategic cooperation. This landmark deal, the first of its kind between the GCC and a G7 nation, aims to boost investment flows and trade by over 60%, fostering economic stability amidst global uncertainty.
The GCC and the UK have concluded free trade agreement negotiations, marking a new era of strategic cooperation. The deal, the first of its kind between the GCC and a G7 nation, aims to boost investment and trade, projected to increase by over 60%.
The EU and Mexico signed a free trade agreement to boost exports and reduce dependence on the US. The deal expands duty-free access for goods and aims to increase trade between the regions.
India is strengthening ties with Europe, particularly Italy, as global partnerships shift. Leaders Modi and Meloni are building strategic alliances through initiatives like IMEEC and an EU FTA, aiming for economic stability and supply chain resilience.
India has restricted silver imports, requiring government approval, to prevent traders from exploiting a duty gap created by a recent tax hike on precious metals via the India-UAE free trade agreement.
US courts have again blocked Trump's 10% global tariffs, deeming them unauthorized. This ruling, following earlier tariff invalidations, signals a return to WTO's MFN rates. For India, this policy instability raises concerns, prompting advice to pause Free Trade Agreement talks until US trade systems stabilize, preventing one-sided deals.
India and New Zealand have finalized a free-trade agreement after 15 years of negotiations, with the deal accelerated by supply chain disruptions from the Strait of Hormuz closure and US tariffs. Commerce Minister Piyush Goyal and New Zealand Trade Minister Todd McClay signed the pact on Monday, as India awaits a delayed preliminary trade deal with Washington.
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.
India and New Zealand will sign a Free Trade Agreement on Monday, April 27, 2026, announced by New Zealand Prime Minister Christopher Luxon. Negotiations concluded on December 22 last year with the goal of doubling bilateral trade to $5 billion over five years. The pact offers zero-duty access for Indian exports in New Zealand market and could attract up to $20 billion in investment over 15 years.
The US does not get to dictate the terms of coming trade talks, Canadian Prime Minister Mark Carney said on Wednesday, following reports Washington wants an “entry fee” before agreeing to open negotiations. The United States and Canada are set to hold talks on revising a North American free trade agreement, a pact US President Donald Trump signed and praised during his first term but now dismisses as “irrelevant”. Quoting multiple Canadian sources, Canada’s public broadcaster CBC reported on...
