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.
“Right now, our framework agreement is being made. When the interim agreement is finalised, then you will get to see this in the fine print," Piyush Goyal said while speaking with the reporters.
Addressing a delegation of the Confederation of All India Traders (CAIT), led by Member of Parliament Praveen Khandelwal, at Vanijya Bhawan, the minister said that under the dynamic leadership of Prime Minister Narendra Modi, India’s trade ecosystem is undergoing a historic and rapid transformation.
Goyal also stated that the trade deal doesn't discuss who will buy what and from where.
Addressing a press conference, Congress spokesperson and Chairman of the AICC Media and Publicity Department, Pawan Khera, accused the Narendra Modi government of compromising national interests and withholding critical details of the agreement from the public.
India and the US announced an interim trade framework as Washington revoked the additional 25 per cent tariff on Indian imports, resetting tariffs and advancing bilateral trade talks.
