The India-United Kingdom Free Trade Agreement ~ that took effect on Thursday ~ is being hailed as a landmark achievement, but its true significance lies less in the tariff schedules than in what it signals about India’s evolving place in global commerce.
India and Ecuador have started discussing a roadmap for a Preferential Trade Agreement (PTA) between the two countries.
The United Kingdom's trade with the United States has been notably affected by tariffs levied by the administration of US President Donald Trump, data from the Office for National Statistics (ONS) showed.
The conclusion of the India-European Union free trade agreement comes at a moment when the global trading system is under severe strain, shaken by geopolitical rivalries, economic nationalism and the increasingly unpredictable use of tariffs as political weapons.
The relationship between India and the European Union rests on shared values and principles, including democracy, rule of law, a rules-based international order, and commitment to effective multilateralism.
Indian stock indices traded marginally higher Monday morning as various positive fundamentals including a firm GDP outlook, moderate inflation and strong purchases by foreign investors, prompted investors to place bets in the markets.
In another step to release pressures on dwindling foreign exchange reserves, Pakistan has opened up barter trade with Afghanistan, Iran and Russia for certain items including petroleum, LNG, coal, wheat, pulses, minerals, metals, and several food items.
Key indices of the domestic equities market opened flat on Tuesday morning, tracking mixed global cues. Auto and IT stocks were up in the morning trade. Heavyweight Reliance was up 0.26 per cent as well.
Gujarat Chief Minister Bhupendra Patel on Wednesday met a delegation of UK MPs who are part of the All-Party Parliamentary Group (APPG) on trade and investment.
To further the trade relationship between India and Myanmar around pulses, the industry body India Pulses and Grains Association (IPGA) has made a pitch for import and export between the two neighbouring countries in the Indian currency Rupee.
