Bilateral Trade News - Latest Updates, Headlines & Analysis

India, US likely to sign trade pact within 90-day tariff-pause period

New Delhi, April 11: The first phase of the bilateral trade agreement between India and the US is likely to be concluded within the tariff-pause period of 90 days fixed by the Donald Trump administration, according to official sources.

We look forward to invest more in India, boost exports: Italy's Deputy PM

New Delhi, April 11: Italy's Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, on Friday said they want to invest more in India, along with exporting and attracting more Indian investments in Italy.

India, EU must take concrete steps to remove trade barriers: Piyush Goyal

New Delhi, April 11: Union Commerce Minister Piyush Goyal said on Friday that concrete steps are needed to remove existing trade barriers for speeding up the talks and reach a free trade agreement (FTA) between India and the European Union (EU).

India's exports surge to record $820 billion in 2024-25 despite global challenges

New Delhi, April 10: India's goods and services exports have crossed a record $820 billion in financial year 2024-25, which represents a close to 6 per cent increase over the corresponding figure of $778 billion for the previous financial year, despite the economic uncertainties in global markets, according to data compiled by the Commerce Ministry.

Piyush Goyal encourages exporters to take long term view of India-US trade

New Delhi, April 9: Union Minister of Commerce and Industry, Piyush Goyal, on Wednesday held discussions with the Export Promotion Councils and industry bodies here in the light of the emerging trade scenario.

Indian economy resilient despite global uncertainty: HM Amit Shah on US tariffs

New Delhi, April 9: Union Home Minister Amit Shah on Wednesday said that external pressures would not cause panic among Indian citizens as the domestic economy remains resilient despite global uncertainties, as US reciprocal tariffs came into effect.

India, Russia agree on six new strategic projects to boost bilateral investment cooperation

New Delhi, April 10: India and Russia have agreed on six new strategic projects aimed at enhancing bilateral investment cooperation during the 8th Session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP), as per a press release.

India withdraws transshipment facility for Bangladesh

New Delhi, April 9: The Ministry of External Affairs (MEA) on Wednesday announced the withdrawal of the transshipment facility previously extended to Bangladesh, citing logistical challenges and congestion at Indian ports and airports.

India plans to seal trade deal with US by fall 2025: EAM Jaishankar

New Delhi, April 9: India is perhaps the only country which has reached an understanding with the United States to ink a bilateral trade agreement (BTA) by the fall of this year, External Affairs Minister S. Jaishankar said on Wednesday, as reciprocal tariffs came into effect with India facing 27 per cent tariffs.

Keeping India's interests at forefront: Union Minister Piyush Goyal on US tariffs

Mumbai, April 9: Union Minister for Commerce and Industry Piyush Goyal stated that the Government is working on a bilateral trade agreement as was decided between Prime Minister Modi and US President Trump in February. His remarks came in the face of the tariffs imposed by Trump's administration.

Hardeep Puri confident India will come out stronger from US tariffs fallout

New Delhi, April 8: Union Minister Hardeep Puri on Tuesday said he was confident India will emerge stronger from the fallout of the US administration tariffs once the bilateral trade agreement between the two partner countries is finalised.

Jaishankar, Rubio discuss Indo-Pacific, trade pact

New Delhi, April 7: External Affairs Minister S Jaishankar spoke with US Secretary Marco Rubio, exchanging views on a wide range of geopolitical issues.

India, US work on 'early conclusion' of trade pact

Washington, April 7: India and the United States on Monday said that they both wanted an "early conclusion" of a bilateral trade agreement.

Crown Prince of Dubai's visit to India to bolster India-UAE ties

New Delhi, April 7: At the invitation of Prime Minister Narendra Modi, Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the United Arab Emirates (UAE), will undertake an official visit to India from April 8 to 9, 2025, a press release by the Ministry of External Affairs (MEA) stated.

India-Myanmar energy cooperation would be more intense in future: Indian envoy Abhay Thakur

Yangon, April 4: India and Myanmar are poised to strengthen their energy cooperation with several key initiatives in the works. According to Abhay Thakur, India's Ambassador to Myanmar, the two nations have numerous reasons to boost their energy partnership.

US tariffs give India a definitive edge over China in key sectors

New Delhi, April 3: The reciprocal tariffs imposed by the US will undoubtedly hit all countries but Indian exporters may emerge stronger as rivals, mainly, China faces steeper duties as high as 65 per cent and even beyond.

India studying opportunities that may arise from new US trade policy: Commerce Ministry

New Delhi, April 3: Faced with US President Donald Trump's reciprocal tariffs, India on Thursday said that it is studying the opportunities that may arise from this new development in US trade policy.

US tariffs on electronics: India emerges favourable among competitors

New Delhi, April 3: India has emerged favourably placed in the first round of reciprocal tariff announcements by the US, especially compared to key electronics export competitors like China, Vietnam, Thailand and Indonesia, following the extraordinary and relentless efforts by its negotiators and leaders, industry experts said on Thursday.

Chile grants Multiple Entry Permit for Indian businesspersons; CEPA talks and key collaborations announced

New Delhi, April 1: Chilean President Gabriel Boric Font has announced a Multiple Entry Permit for Indian businesspersons, simplifying the visa process to facilitate trade and investment. Prime Minister Narendra Modi welcomed this decision, emphasising its significance in strengthening bilateral relations between India and Chile.

India-US trade ties face complex tariff alignments: Report

New Delhi, April 1: While both India and the US are deeply interconnected through trade, investment, and strategic agreements, recent US tariff measures have introduced new complexities, as per a report.

PM Modi discusses Antarctica cooperation, trade with 'important partner' Chilean Prez

New Delhi, April 1: Prime Minister Narendra Modi on Tuesday described Chile as an "important friend and partner" for India in Latin America and reaffirmed his commitment to strengthening cooperation across various sectors, including Antarctica exploration, health security, trade, and strategic partnerships.

India, US hold trade talks; to work towards negotiating first tranche of FTA

New Delhi, March 29: India and the United States held trade talks in New Delhi as part of efforts to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025.

Sectoral expert-level engagements under proposed India-US BTA to start virtually in coming weeks

New Delhi, March 29: Representatives of India's Department of Commerce and the Office of the US Trade Representative held meeting in the national capital for four days beginning March 26 as a follow up to the two countries agreeing to expand bilateral trade to reach USD 500 billion by 2030, including through the conclusion of a Bilateral Trade Agreement (BTA).

India, US agree to finalise first tranche of bilateral trade agreement by fall 2025

New Delhi, March 29: In a bid to expand their bilateral trade to $500 billion by 2030, India and the US on Saturday concluded their talks in the national capital, broadly reaching an understanding to finalise the first tranche of the bilateral trade agreement (BTA) by fall 2025.

India could lose USD 6bn in exports to US on 10 pc tariffs, rising to USD 31bn at 25 pc: Emkay

New Delhi, March 29: India could see a loss of around USD 6 billion, or 0.16 per cent of its GDP, in exports to the US if broad tariffs of 10 per cent are enacted, Emkay Global, a research & investment firm, said in a latest report.

US State Dept Dy Secy holds talks with Vikram Misri, reviews efforts for prosperous Indo-Pacific

Washington DC, March 28: US Department of State Spokesperson Tammy Bruce said in a statement on Friday that Deputy Secretary Christopher Landau spoke to Foreign Secretary Vikram Misri regarding ongoing efforts to achieve prosperity throughout the Indo-Pacific region.

India-EU FTA to remove trade barriers in new geo-political world: UIA's Carlo Mastellone

New Delhi, March 29: The bilateral free trade agreement (FTA) between India and the European Union will enhance market access and remove trade barriers for both the nations in the new geo-political world, Carlo Mastellone, UIA President, Studio Legale Mastellone in Florence, Italy, said on Saturday.

Bangladesh's Chief Advisor Yunus , Chinese President Xi discuss bilateral issues

Beijing, March 28: Bangladesh's Chief Adviser Muhammad Yunus and Chinese President Xi Jinping held a meeting in Beijing on Friday and discussed bilateral issues, including trade and investment.

Navigating complex geo-political landscape, India and Russia explore new frontiers of cooperation: EAM Jaishankar

Moscow, March 27: India-Russia relationship continues to expand and deepen in the backdrop of a dynamic world order, External Affairs Minister (EAM) S. Jaishankar stated on Thursday at the international conference 'Russia and India: Towards a New Bilateral Agenda' hosted by Russian International Affairs Council in coordination with the Indian Embassy in Moscow.

EAM Jaishankar reaffirms strong India-Russia ties, highlights expanding partnership dynamic world order

New Delhi, March 27: External Affairs Minister S Jaishankar reaffirmed the enduring strength of India-Russia relations, emphasising that "India immensely values its relation with Russia," underscoring that the "further enhancement of the special and privileged strategic partnership" remains a shared foreign policy priority for both nations.

Very active and intense discussion going on between India, US at this time: Jaishankar

New Delhi, March 26: External Affairs Minister S Jaishankar said that India and the US had a "very open discussion" on trade and the result of that Prime Minister Narendra Modi and US President Donald Trump agreed to conclude bilateral trade agreement by fall this year.

India-NZ partnership 'grown much stronger' during my visit: Luxon

Wellington, March 22: Calling India an "increasingly important partner", New Zealand Prime Minister Christopher Luxon said on Saturday that the partnership between the two countries has "grown much stronger" during his five-day visit to New Delhi and Mumbai, earlier this week.

India, US in process of taking bilateral trade negotiations forward: MEA amid tariff tussle

New Delhi, March 21: Amid tariff concerns, the Ministry of External Affairs on Friday said that India and the US are making significant strides in their bilateral trade negotiations, with the aim of expanding trade, enhancing market access, and reducing tariff and non-tariff barriers.

We need better logistics... construction of naval and aerial hub: Peru Foreign Minister on strengthening economic ties with India

New Delhi, March 17: Peru's Foreign Minister Elmer Schialer on Monday emphasised the importance of improving logistics between India and Peru to strengthen their economic ties.

India, New Zealand launch FTA negotiations as PM Luxon arrives in Delhi

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