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.
Finance Minister Nirmala Sitharaman on Monday said it was too early to assess the US tariff impact on the Indian economy, and Commerce Minister Piyush Goyal is reviewing the situation.
He also indicated that India’s free trade agreements (FTAs) with the United Kingdom and Oman are expected to be implemented in April, while the trade pact with New Zealand is likely to come into force in September.
Kumar, who was in Mumbai to participate in the Global Economic Cooperation 2026 (GEC2026), said that in a time of global fragmentation, nations must focus on common strengths and mutually beneficial, win-win solutions.
During his address, Piyush Goyal articulated the three pillars of the 2026 Budget that are essential for achieving the goal of Viksit Bharat by 2047.
With textile exports to the US worth nearly USD 7.5 billion annually, the Centre said the interim agreement will ensure Indian exporters remain competitive despite Bangladesh’s revised tariff access.
