Mexico’s senate has approved higher duties from 5% up to 50% on more than 1,400 products from countries without FTAs. The move, aimed chiefly at Chinese imports, will nonetheless affect Indian exporters of cars, steel and garments and comes into force from 2026. What was approved and when it takes…
Tag: #GlobalTrade
News
India–EU Push to Conclude FTA as High-Level Talks Advance
India and the European Union have intensified their efforts to secure a long-awaited Free Trade Agreement (FTA), as Union Minister of Commerce and Industry Shri Piyush Goyal held a series of high-level discussions with the EU’s Commissioner for Trade and Economic Security, Mr. Maroš Šefčovič, during 8–9 December 2025. The…
News
India Launches ₹25,060-Cr Export Promotion Mission
Government Approves Unified Export Promotion Mission In a major push to strengthen India’s export competitiveness, the Union Government has approved the Export Promotion Mission (EPM) with a total outlay of ₹25,060 crore. The Mission, announced in the Union Budget 2025–26, consolidates multiple export-support schemes into a single, technology-driven and outcome-based…
News
Govt Launches Export Mission to Boost MSMEs
Facing global logistics disruptions, the Government of India has rolled out an ambitious package to shore up export competitiveness with a focus on MSMEs, first-time exporters and labour-intensive sectors. Announced in a Rajya Sabha reply, the measures include a Credit Guarantee Scheme for Exporters, a flagship Export Promotion Mission (EPM)…
News
India, Georgia Boost Cooperation in Silk & Textile Trade
India has taken a significant step toward expanding its textile diplomacy with a high-level delegation concluding a multi-sectoral engagement in Georgia from 17–21 November 2025. Led by Shri P. Sivakumar, Member Secretary of the Central Silk Board (CSB) and Secretary General of the International Sericultural Commission (ISC), the visit focused…
News
Goyal Frames Three Pillars at CII Partnership Summit
Union Commerce Minister Piyush Goyal urged freer investment flows, deeper technology ties and transparent governance to strengthen global partnerships at the CII Summit in Visakhapatnam. Union Minister of Commerce and Industry Shri Piyush Goyal engaged with global leaders and industry delegations on trade and investment on the sidelines of the…
News
Piyush Goyal Boosts Global Trade at CII Summit
Union Minister of Commerce and Industry Shri Piyush Goyal held extensive discussions with global leaders and business delegations at the 30th CII Partnership Summit in Visakhapatnam on 14 November 2025. His engagements focused on strengthening trade, boosting investment flows and reinforcing India’s role as a trusted global economic partner. Addressing…
News
India-US Trade Deal “Very Near”; Few Issues Remain: Official
New Delhi: Economic ties between India and the United States are on the cusp of a breakthrough as officials from both countries say a long-pending bilateral trade deal is “very near” conclusion. An unnamed government official told reporters on 24 October 2025 that both sides are now “converging on most…
News
India-Germany Trade Ties Strengthened by Piyush Goyal
Berlin, Germany: Union Minister of Commerce and Industry Shri Piyush Goyal held a series of high-level meetings in Berlin on October 24, 2025, to further strengthen India-Germany trade and investment ties. His discussions focused on enhancing cooperation in areas including technology, green energy, advanced manufacturing, and skilling, building on a…
News
Trump Says India Will Stop Buying Russian Oil
U.S. President Donald Trump on Friday told reporters that India “will not be buying oil from Russia” and had already “more or less stopped” purchases — comments that New Delhi has since described as inconsistent with its publicly stated energy policy. What Trump said Speaking to the media during a…