Bilateral Trade News - Latest Updates & Headlines
India and US finalised terms of reference for trade negotiations: US Vice President
New Delhi, April 23: India and the US have finalised terms of reference for the ongoing negotiations for completing a bilateral trade agreement between the two countries, said US Vice President JD Vance.
India-US trade engagement to create new opportunities for workers, farmers, and entrepreneurs: US Trade body
New Delhi, April 22: The U.S. Trade Representative (USTR) has said that the ongoing engagement between India and the United States for a bilateral trade agreement (BTA) could create new opportunities for workers, farmers, and entrepreneurs in both countries.
India-US trade deal may become a model for future agreements with other countries: Report
New Delhi, April 22: The upcoming India-US Bilateral Trade Agreement (BTA) is expected to become a model for India's future trade negotiations with other developed nations, according to a report by ACMIIL, a stock market company.
US Vice Prez Vance in Jaipur, to speak at Rajasthan International Centre today
Jaipur, April 22: United States Vice President JD Vance is scheduled to deliver a key speech on India-US bilateral relations at the Rajasthan International Centre on Tuesday.
India-US strategic partnership will be a defining one of 21st century: PM Modi (Lead)
New Delhi, April 21: Prime Minister Narendra Modi, after his meeting with visiting US Vice President J.D. Vance on Monday, said that the India-US strategic partnership will be a defining one of the 21st century.
PM Modi, US Vice President announce finalization of Terms of Reference for Bilateral Trade Agreement negotiations
New Delhi, April 21: US Vice President JD Vance met Prime Minister Narendra Modi on Monday, and the two leaders welcomed the progress in the negotiations for a US-India Bilateral Trade Agreement (BTA).
India poised to conclude first part of trade pact with US soon: FM Sitharaman
San Francisco, April 21: Finance Minister Nirmala Sitharaman said on Monday that India is actively engaging with the new US administration and hopes to conclude the first tranche of the bilateral trade agreement "positively" by fall (September-October) this year.
PM Modi and US Vice President Vance welcome progress in India-US Bilateral Trade Agreement
New Delhi, April 21: Prime Minister Narendra Modi and visiting US Vice President J.D. Vance on Monday welcomed progress in the India-US Bilateral Trade Agreement and efforts towards enhancing cooperation in various sectors, including energy, defence, strategic technologies.
US Vice President JD Vance arrives in India for first official visit
New Delhi, April 21: US Vice President JD Vance on Monday arrived at Palam airport for his first official visit to India.
India US trade talks: Key negotiations to begin in Washington next week
New Delhi, April 19: A team of negotiators, led by Commerce Secretary-designate Rajesh Agarwal, is likely to travel to Washington, DC, next week to advance discussions on the proposed India-US Bilateral Trade Agreement (BTA).
Robust India-Saudi Arabia Strategic Partnership set for major boost during PM Modi's Riyadh visit next week
New Delhi, April 19: India and Saudi Arabia are expected to further strengthen their multifaceted partnership during Prime Minister Narendra Modi's two-day visit to the Kingdom, next week.
Business between India and Bangladesh should run on merit: BEI President Humayun Kabir
Dhaka, April 18: Business between India and Bangladesh should be based on merit and strength, said M. Humayun Kabir, President of the Bangladesh Enterprise Institute (BEI), during the Foreign Service Day celebrations in Dhaka on Friday. BEI is a leading think tank in Bangladesh.
FM Sitharaman says India will tackle global trade disruptions with agile policy, investments
Mumbai, April 17: Finance Minister Nirmala Sitharaman on Thursday expressed confidence that India would tackle the challenge posed by the global trade war with the right mix of policy agility and long-term investments to strengthen the domestic economy.
PM Modi, Trump share cordial ties, trade pact set to benefit India: Mark Mobius
New Delhi, April 16: As the debate intensifies over the future of the world trade order, ace global investor Mark Mobius on Wednesday said a free bilateral trade agreement with the US would surely benefit India, adding that Prime Minister Narendra Modi and US President Donald Trump do share a cordial relationship.
India, US likely to ink first tranche of trade pact before Fall deadline
New Delhi, April 15: India and US are working to sign the first tranche of a Bilateral Trade Agreement (BTA) to bring down tariffs before the agreed timeline of the fall of 2025 as the the terms of reference for the pact have already been finalised.
There are both concerns and opportunities over reciprocal tariffs: Commerce Secretary
New Delhi, April 15: Commerce Secretary Sunil Barthwal on Tuesday said that reciprocal tariffs are both a challenge and an opportunity for India with the government negotiating a bilateral trade deal with the US.
Indian and American trade delegations to begin discussions on a Bilateral Trade Agreement this week
New Delhi, April 15: Indian and American trade delegations are set to begin discussions on a Bilateral Trade Agreement this week, according to sources.
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).