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Economists in the Ministry of Finance have warned that bilateral and regional trade deals that seek to replace the current multilateral trade system could lead to “greater trade diversion, higher trade costs, and greater uncertainty”. However, they also noted that while India was pursuing a diversified trade strategy, it was doing so within the multilateral…
Central Warehousing Corporation (CWC) Managing Director Santosh Sinha on Friday (September 19, 2026) raised concerns over what he described as “malpractices” in phytosanitary certification at ports, while declining to provide specific examples or name the entities involved. Speaking to reporters on the sidelines of “Stakeholder Consultation on Strengthening Agri Export Logistics Through Integrated Warehousing and…
Union Commerce Secretary Rajesh Agrawal, during a meeting with Paula Estévez Weinstein, Vice-Minister of International Economic Relations of Chile, on August 27, 2026. | Photo Credit: X/@DoC_GoI India is committed to conclude negotiations for a comprehensive trade agreement with Chile this year as it would help further strengthen economic ties between the two countries, the…
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Chief Economic Advisor V. Anantha Nageswaran during the Confederation of Indian Industry (CII) Annual Business Summit 2026, in New Delhi on May 12, 2026. | Photo Credit: ANI Free Trade Agreements (FTAs) create value only once they are implemented not when they are signed, Chief Economic Advisor V. Anantha Nageswaran asserted on Tuesday, warning that…
A little more than six years after India stepped away from joining the Regional Comprehensive Economic Partnership (RCEP), India is in a position to reap the benefits such a grouping would have provided it, without exposing itself to the risks. India and New Zealand on December 22, 2025, announced the conclusion of negotiations on a…
Read More “How India secured RCEP’s advantages without exposing itself to the ‘China risk’” »
Union Minister of Commerce and Industry Piyush Goyal in the U.S. | Photo Credit: PTI India is negotiating free trade agreements (FTAs) with a number of countries including the U.S., New Zealand, Oman, Peru, Chile, and the European Union, Commerce and Industry Minister Piyush Goyal said on Monday (September 29, 2025). He said that Qatar…
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Currently, there are approximately 330 Swiss companies in India, creating more than 1,70,000 jobs. More than half of them manufacture in India and export from there worldwide. | Photo Credit: Reuters, The Hindu Four-nation bloc EFTA is looking at significant reduction in trade barriers on sectors such as machine tools, advanced chemicals, pharma, chocolates, Norwegian and Icelandic…