India-UK trade agreement rules notified, set to come into force on July 15
The rules in this regard have been issued by the Central Board of Indirect Taxes and Customs (CBIC).
The rules in this regard have been issued by the Central Board of Indirect Taxes and Customs (CBIC).
Piyush Goyal stated that the relationship now extend beyond traditional trade ties including cooperation in technology, investments, defence and critical minerals.
India’s merchandise exports grew by around 15 per cent during the April-June 14 period this year despite global economic challenges, Union Minister for Commerce and Industry Piyush Goyal said on Sunday.
Goyal said that the agreement was finalised and announced before the US Supreme Court's order striking down President Donald Trump's reciprocal tariffs.
Commerce Secretary Rajesh Agrawal said the USTR delegation will be holding talks with Union Commerce and Industry Minister Piyush Goyal and senior Indian officials.
The FTAs are already concluded with Mauritius, Australia (first tranche), the EFTA block, the UK, and UAE, while talks are ongoing with the European Union, Chile, Peru, New Zealand, Australia (second tranche), and Oman.
Union Commerce and Industry Minister Piyush Goyal on Friday, without directly referring to the US tariffs, said the government is committed to ensuring that industry does not face unnecessary stress or difficulties arising from unilateral actions by some countries.
Union Minister of Commerce and Industry Piyush Goyal while addressing the Lok Sabha, said India came out of the fragile five economies in less than a decade and became the fastest-growing economy in the world.
Goyal also stated that India will examine the implications of the US tariffs and take appropriate actions to protect its national interests.
Addressing a press conference at the BJP headquarters, the Union Minister praised the treaty signed between India and the UK in the presence of their prime ministers, calling it mutually beneficial.
