New Delhi, December 25: India has been selected to assume the prestigious chairpersonship of the Kimberley Process (KP) from January 1, 2026. The Kimberley Process is a global initiative involving governments, the diamond industry, and civil society, designed to prevent the trade in “conflict diamonds”—rough diamonds used to finance armed…
Tag: #GlobalTrade
News
Amit Shah Hails India–New Zealand FTA as Trade Diplomacy Milestone
Union Home Minister and Minister of Cooperation Shri Amit Shah has hailed the India–New Zealand Free Trade Agreement (FTA) as a landmark achievement in India’s evolving trade diplomacy, stating that it reflects the Modi government’s people-centric foreign policy and sets a new benchmark for global economic engagement. In a public…
News
India New Zealand FTA Explained: Zero Duty Big Gains for India
India and New Zealand have finalised a landmark Free Trade Agreement (FTA) that promises zero-duty access on 100 percent of Indian exports to New Zealand, marking a major breakthrough in bilateral economic relations. Announced following a telephonic conversation between Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon,…
News
Mexico Tariffs Hit India: Auto, Steel, Textiles Face Pain
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…
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…