The Latest Breaking News from International Trade

As Russia turns to Asia, India a ‘natural option’ for Moscow beyond China, says EAM Jaishankar

India's External Affairs Minister S. Jaishankar emphasized the importance of maintaining strong ties with Russia. He noted that Russia's relationship with Europe has significantly deteriorated since the Ukraine conflict began. Jaishankar mentioned ongoing negotiations for a trade agreement between India and the US are nearing completion. The article outlines the…

The Economic Times · 13m ago

India-US trade deal heading towards ‘landing point’, EAM Jaishankar says

External Affairs Minister S Jaishankar indicated that India and the US are advancing their trade deal negotiations. Both countries are addressing outstanding issues, with officials working diligently to find resolutions. Jaishankar emphasized that the negotiations are complex due to competitive agreements being made by the US with other economies. He…

The Economic Times · 33m ago

Former UK PM Rishi Sunak meets PM Modi; hails his "commitment, work ethic and energy"

Former UK Prime Minister Rishi Sunak met Prime Minister Narendra Modi in New Delhi recently. He congratulated Modi on his 25 years of public service and praised their partnership. Sunak expressed the importance of cooperation between the UK and India in trade, technology, and artificial intelligence. The two nations aim…

The Economic Times · 10h ago

ETSA champions show the great Indian dream is all home-brewed and visa-free: Union Minister Piyush Goyal

In a candid conversation with ET’s Deepshikha Sikarwar, he spoke about India’s trade deals, India-US relations, foreign investment, and how Indian businesses will benefit from the restrictions on the green card programme.

The Economic Times · Oct 12

India-UK trade deal to boost bilateral trade by £25.5 billion annually by 2040

Britain and India have officially inked the Comprehensive Economic and Trade Agreement, a major step towards deepening economic ties. The agreement aims to elevate bilateral trade by £25.5 billion annually by the year 2040. It encompasses initiatives focused on job creation, innovation, and cultural exchange, while also providing Indian students…

The Economic Times · Oct 11

UK could get fast-track entry back into EU, new report says

Negotiations could be completed in less time than it took for the UK to agree its trade deal with India, experts say

The Independent UK · Oct 11

Audi India mulling local production of electric car, aims to double market share in 3-5 years

Audi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury carmaker aims to double its market share from around 8% to 15-16% over the next three to five years through new product launches, customer-focused initiatives and dealership expansion,…

The Economic Times · Oct 11

India expanding trade footprint to strengthen global ties and empower MSMEs: Piyush Goyal

India is increasing its network of free trade agreements (FTAs) to integrate deeply with global economies. Nine trade pacts covering 38 developed economies have been concluded in the past four and a half years. The trade pacts are not merely confined to bureacratic corridors but also include discussions with stakeholders.…

The Economic Times · Oct 11

China says can avoid 'escalation' after EU trade talks

China and the European Union held successful trade talks aimed at managing contentious disputes and avoiding escalation. Chinese Commerce Minister Wang Wentao and EU trade chief Maros Sefcovic discussed hybrid vehicle exports, which are controversial in Europe. Beijing agreed to moderate its hybrid vehicle exports significantly over the coming years…

The Economic Times · Oct 10

EU and China strike interim trade deal that could cut Chinese hybrid exports

China and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on certain European goods and measures for reliable rare earth supply chains. The EU trade commissioner noted that this agreement could significantly decrease Chinese electric vehicle imports. Both sides…

The Economic Times · Oct 10