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Searched Tag: india us bta

While New Zealand Trade Minister, Todd McClay, is slated to land in India on Friday to take forward the FTA negotiations, Goyal said he recently met the Israeli Economy and Industry Minister, Nir Barkat, so that both sides could appoint their chief negotiators for the proposed pact after inking terms of reference (ToR) in Tel Aviv last month

Trade talks with Oman, NZ in final stages: Goyal

December 10, 2025, 03:47 PM - 4 min read

With New Zealand’s Trade Minister, Todd McClay, slated to visit India on December 12, the India-NZ trade negotiations are expected to successfully reach conclusion soon, said Union Commerce and Industry Minister, Piyush Goyal

The United States and India are moving forward with negotiations on the proposed bilateral trade agreement (BTA), with a team of high-ranking officials from Washington landing in New Delhi on Tuesday

US says India’s new trade offer ‘best ever received’

December 10, 2025, 12:43 PM - 3 min read

A day after US President Donald Trump hinted at new tariffs on Indian rice, a team of officials from Washington arrived in New Delhi to discuss the ongoing bilateral trade agreement between the two countries

The three-day talks are crucial as India and the US are working to finalise the first tranche of the pact, which was initially planned to be concluded by fall of 2025, they added

India, US trade teams to resume talks in December, say sources

December 6, 2025, 03:08 PM - 3 min read

India and the United States will commence three-day talks on December 10, focused on the first phase of the proposed bilateral trade agreement, said sources familiar with the goings-on of trade talks between the two countries

Goyal said the GCC (Gulf Cooperation Council) – a group of six countries including Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain – is also interested in trade pact talks with India, especially Bahrain and Qatar, who want to enter into negotiations soon

India working with ‘trusted’ trade partners to ink pacts: Goyal

November 28, 2025, 04:06 PM - 3 min read

Commerce and Industry Minister, Piyush Goyal, said at an industry event in the capital on Friday that in the face of trade being weaponised, India is currently in negotiations with at least 50 countries to ink free trade agreements to strengthen the economy

India has reportedly agreed to buy soyabean, which is classified as non-genetically modified, directly from the industry

First tranche of India-US trade deal may be final soon: Official

November 18, 2025, 01:40 PM - 3 min read

The first tranche of the two-part deal between the two nations would be finalised once Washington revokes the penalty tariffs of 25 per cent that it imposed on India for buying Russian crude oil, while India, on its part, would be required to open its market to duty-free imports of soyabean, corn, and certain dairy products

Numerous nations, including developed countries like the US, have long been pushing for reforms in the WTO in areas such as dispute settlement mechanism, special and differential treatment to developing countries, and the way agreements are negotiated in the trading body

India can lead WTO reforms, but consensus must: Goyal

November 15, 2025, 03:15 PM - 3 min read

Commerce and Industry Minister Piyush Goyal has said India can play a leading role in driving reforms in the World Trade Organisation (WTO) on the condition that the consensus of developing and least-developed nations is also taken into consideration to ensure their welfare

The US remained India’s largest trading partner for the fourth consecutive year in 2024-25, with bilateral trade valued at USD 131.84 billion (USD 86.5 billion exports). It accounts for about 18 per cent of India’s total goods exports, 6.22 per cent in imports, and 10.73 per cent in the country’s total merchandise trade

India, US in ‘continuous’ discussions for trade pact: Goyal

November 5, 2025, 11:35 PM - 3 min read

In New Zealand on a four-day visit to discuss the India-New Zealand free trade agreement (FTA), Goyal seemed to reiterate the White House’s comment earlier on Wednesday about Prime Minister Narendra Modi being in constant touch with US President, Donald Trump

Discussions between the two sides are expected to cover key areas of the proposed FTA, including market access, non-tariff measures, and regulatory cooperation

Goyal’s visit to Brussels will shape India-EU trade pact talks

October 26, 2025, 05:13 PM - 3 min read

India’s Commerce and Industry Minister, Piyush Goyal, will be in Brussels on October 27-28 to take forward India’s trade pact negotiations with his EU counterpart as the deadline to lock a deal nears

He also said that India has made a trade-off to buy cheaper oil from Russia and “looking the other way” while the purchase is “giving money to a guy (Putin) who's murdering thousands of people every week

Buy oil from anyone but Russia: US Secy to India

September 25, 2025, 12:41 PM - 3 min read

US Energy Secretary, Chris Wright, attempted to strike a balance when he said the US does not want to “punish” India but only wants the war in Ukraine to end; Wright suggested that India buy oil from the US instead

US-Indonesia trade pact shows US's pressure tactics must be avoided: Think tank

India must tread cautiously in trade talks with US: Think tank

July 23, 2025, 03:41 PM - 3 min read

The US-Indonesia trade pact shows risks of pressure tactics that India must avoid while negotiating with the US, says think tank, GTRI

Former RBI Governor Raghuram Rajan has said India's economic growth may be only marginally affected by global trade headwinds

'India needs to be careful while negotiating trade pact with US'

July 20, 2025, 04:23 PM - 4 min read

Former RBI Governor Raghuram Rajan has said in an interview that India’s economic growth, which is now settled in the range of 6-7 per cent, will only be affected by a fraction of percentage point by global trade headwinds; he advises India to protect its agriculture sector in US trade pact

India-US conclude fifth round of talks on BTA

India, US teams conclude fifth round of talks for BTA

July 19, 2025, 01:42 PM - 3 min read

The Indian team of negotiators is back from Washington after concluding the fifth round of talks for the proposed bilateral trade agreement, said a government official. With August 1 being the latest deadline, it remains to be seen if India digs its heels in on contentious issues or gives in to US pressure