economic relations

Moscow, March 26 The strengthening of the BRICS bloc of emerging economies is changing global relations and facilitating South-South cooperation, bypassing the West, a top Kremlin economic aide said on Thursday.Maxim Oreshkin was speaking at the meeting of the Russian Business and Industry...

New Delhi, March 19 The free trade agreement (FTA) between India and the UK, signed last July, is likely to be implemented by early May, as both sides are "finalizing a few outstanding issues," officials said on Thursday.According to officials, the EU has indicated November as the timeline for...

Beijing, March 19 China said on Thursday that "new points of consensus" have been reached in its current trade talks with the US ahead of President Donald Trump's planned visit to Beijing, which was postponed due to the escalating conflict in West Asia.China and the US have agreed to continue...

March 19, New Delhi – Sri Lankan President Anura Kumara Dissanayake met visiting US Special Representative for South and Central Asia and Ambassador to India, Sergio Gor, at the Presidential Secretariat in Colombo today.The discussions focused on strengthening bilateral relations between the...

Beijing, March 16 China called on all countries on Monday to immediately halt military operations in West Asia in response to US President Donald Trump's appeal to help keep the Strait of Hormuz open for international transport, ruling out Beijing joining any international naval force that would...

Brussels, March 16 European Commission President Ursula von der Leyen stated on Monday that the EU and India are now focused on efficiently implementing their recently concluded free trade agreement and security partnership.Her remarks came after a meeting with External Affairs Minister S...

New Delhi, March 13 India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first phase...

New Delhi, March 13 The commerce ministry said on Friday that India and the US are still engaged in discussions for a mutually beneficial bilateral trade agreement.The ministry has denied reports about a halt to bilateral engagement."We have noted a media report regarding ongoing trade talks...

Beijing, March 12 China has refrained from responding to India's decision to ease foreign direct investment norms for countries sharing land borders with it. While the Chinese business community has described this move as a "partial" opening up, with restrictions still in place on large-scale...

March 11, Pretoria/South Africa — The 2nd India–South Africa Business Conclave highlighted the growing economic ties between the two nations.Bilateral trade reached approximately $18.1 billion in 2024–25, with minerals and metals flowing from South Africa, and petroleum products, vehicles...

Johannesburg, March 10 India is confident about the latest round of talks aimed at finalizing the Southern African Customs Union (SACU) Preferential Trade Agreement (PTA), the Indian envoy here has said.The agreement will give market access for many Indian goods to South Africa, Namibia...

New Delhi, March 2 India and Canada have agreed to expand their bilateral trade to USD 50 billion by 2030, Prime Minister Narendra Modi said on Monday.Bilateral trade between the two countries stood at around USD 8 billion during the January-October period of 2025."We want to take our...

Prime Minister Narendra Modi stated that India and Canada are vibrant democracies, two major economies of the world, and societies based on shared values. Speaking during the India-Canada CEOs Forum in New Delhi today, Mr. Modi said that democracy, diversity, and development inspire both nations...

PM Modi stated that his visit to Israel will set new goals for the strategic partnership and strengthen the bonds between the two countries. Prime Minister Narendra Modi began a two-day state visit to Israel this morning. This is his second visit to Israel.During the visit, Prime Minister Modi...

New Delhi, February 25 – Prime Minister Narendra Modi will travel to Israel on Wednesday, where he is scheduled to meet with Israeli Prime Minister Benjamin Netanyahu to strengthen bilateral cooperation in defense and security, trade and economic relations, and innovation.Earlier on Tuesday...

New Delhi, February 24 Commerce and Industry Minister Piyush Goyal said on Tuesday that "as soon as" there is more clarity in the situation regarding tariffs in the US, India will resume trade talks."As soon as there is more clarity," he said when asked how soon India will be resuming trade...

Colombo, February 22 – Zillur Rahman, a leading Bangladeshi journalist and President of the Centre for Governance Studies in Dhaka, stated in an exclusive interview with a leading think-tank that India and Bangladesh share long-standing historical, economic, and strategic connections.He...

New Delhi, February 21 – Indian opposition leaders on Saturday welcomed the decision of the US Supreme Court to overturn the tariffs imposed during the tenure of US President Donald Trump, calling the verdict significant for global trade and a rule-based economic order.Aam Aadmi Party (AAP) MP...

The Ministry of External Affairs has stated that both India and the United States are working to finalize the mutually beneficial trade agreement as per the Joint Statement adopted recently. Addressing the media in New Delhi, Ministry spokesperson Randhir Jaiswal said that a delegation from...

New Delhi, February 20 An interim trade agreement between India and the US is likely to be signed in March and come into effect in April, Commerce and Industry Minister Piyush Goyal said on Friday.He also said that India's free trade agreements (FTAs) with the UK and Oman are likely to be...