European Union
The Commerce and Industry Ministry is set to hold a crucial inter-departmental meeting on Tuesday to formulate a textile export strategy for India. The meeting, attended by officials from the Commerce ministry, Finance Ministry, and the Reserve Bank of India (RBI), aims to discuss policy levers that could help Indian
Tariffs
As President Trump's 90-day deadline to sign trade deals with up to 90 countries approaches, questions arise about the feasibility of this ambitious goal. The typical trade deal takes years to close, whereas the administration's target is a fraction of the usual time. Since taking office,
European Union
The EU-Vietnam Free Trade Agreement (EVFTA) has been a crucial instrument for connecting the two continents and has further strengthened the strategic trust between Vietnam and the EU over the past 35 years. Deputy Minister of Foreign Affairs Nguyen Minh Hang likened the EVFTA to a "modern expressway"
Tariffs
In a significant move, India and the United Kingdom have finalized a Free Trade Agreement (FTA) on May 6th, 2025, after three years of negotiations. The agreement includes zero-duty exports for 99% of Indian products to the UK. Meanwhile, India and Oman are in the final stages of negotiating the
European Union
The Indian government has announced the signing of a Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA) on March 10, 2024. This move comes as a significant step in increasing trade and economic cooperation between India and the EFTA member countries, including Iceland, Liechtenstein, Norway,
European Union
As Europe navigates a critical six-week period of negotiations with the US, Donald Trump's former chief of staff, Mick Mulvaney, has expressed deep frustration with the European Union's approach to trade, stating that the US no longer views the EU as a "viable, long-term, trustworthy&
European Union
Malaysia's free trade agreement talks with the European Union are at risk of being derailed due to the EU's "standard risk" label on the country, economists warn. The label, which is based on the EU Deforestation Regulation (EUDR), has thrown a wrench into the
European Union
The European Union's executive commission is pressing for a trade deal with the Trump administration to avoid a 50% tariff on imported goods, despite the ever-changing and unpredictable tariff threats from the President. Trump has repeatedly used tariffs as a negotiating tool, and his administration is now pushing
European Union
A delegation of Lithuania's Seimas Rural Affairs Committee visited Warsaw to participate in the meeting of the agricultural committees of the parliaments of the Visegrad Group countries. The discussions centered on trade relations with Ukraine, the free trade agreement between the European Union and MERCOSUR countries, and the
Prime ministers
The Prime Minister, Sir Keir Starmer, has stated that the recently signed trade deals with the US, India, and the EU will have a significant positive impact on the West Midlands economy. The deals will boost the region's car industry, liberate farmers from red tape, and lead to
European Union
The UK and EU have signed a new agreement setting out post-Brexit relations on areas including fishing rights, trade, and defence, farming exports, and passport e-gates at European airports. The deal has sparked debate within the UK Parliament, with various leaders calling for a Commons vote to scrutinize the agreements.
European Union
Brazilian officials have assured that the recent detection of highly pathogenic avian influenza (H5N1) at a commercial poultry farm will not impact the ongoing negotiations for a trade agreement between Mercosur and the European Union. The European Union has faced similar issues on a larger scale, with 394 new cases
