Berlin/New Delhi, Oct 24 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Saturday said he has emphasised the transformative potential of the India-EU Free Trade Agreement (FTA), set to be signed by the end of this year, in expanding market access, strengthening supply chains, and creating new avenues for trade and investment. Goyal said he had an “insightful interaction” with the accompanying Indian business delegation in Berlin, celebrating the growing momentum of the India-Germany partnership and the opportunities it presents for Indian industry. He urged businesses especially MSMEs across sectors and textiles to pharmaceuticals, engineering, renewable energy, and emerging technologies, to seize this opportunity and build lasting partnerships with German counterparts.

New Delhi, Oct 22 (SocialNews.XYZ) India and the European Union have an opportunity to build a powerful economic partnership anchored in trust, competitiveness and complementary strengths, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Speaking during a panel discussion titled "New Era, New Alliances: The Third Path?", Goyal described trust as a scarce but invaluable commodity in global commerce and diplomacy. "Trust is a scarce commodity. We could actually weaponize it. Yes. And that is what the EU-India free trade deal is all about," Goyal stated. He said the proposed India-EU free trade agreement brings together the strengths of the 27-nation European bloc and India, the world's most populous nation with a young, aspirational and digitally connected population.

New Delhi, Sep 26 (SocialNews.XYZ) Union Minister of State for Commerce and Industry Jitin Prasada on Saturday said India was able to conclude its long-pending free trade agreement (FTA) with the European Union on equal terms after nearly 17 years of negotiations, while stressing that technology transfers, local manufacturing and artificial intelligence (AI) would play a critical role in the country's next phase of industrial growth. Speaking at the Uttar Pradesh International Trade Show (UPITS), Prasada said the India-EU FTA marked a significant achievement for the government, noting that earlier negotiations had struggled to make progress.

New Delhi, Sep 7 (SocialNews.XYZ) Hailing ties between India and Luxembourg, External Affairs Minister S. Jaishankar said on Monday that the two nations have a "very trusted relationship" and expressed confidence that both can do more in terms of supply chain resilience and diversification. In his opening remarks during his meeting with Luxembourg's Deputy Prime Minister Xavier Bettel here, EAM Jaishankar extended a warm welcome to the visiting leader and said that his visit to India reflects the growing and deepening partnership between the two nations. He thanked Bettel for Luxembourg's support for the Free Trade Agreement (FTA) between India and the European Union (EU).

New Delhi, Aug 21 (SocialNews.XYZ) The India-European Union Free Trade Agreement (FTA) will open new avenues for businesses and deepen commercial cooperation between India and European countries, Trade Counsellor at the Embassy of Finland Antti Herlevi said on Friday, adding that European businesses are looking forward to working more closely with Indian companies. “This year is very important. As you know, the FTA has been signed, and Europeans are very much looking forward to working with India and Indian companies. There is a lot of excitement, and we hope that all the practicalities will be worked out soon,” Herlevi said.

New Delhi, Aug 21 (SocialNews.XYZ) The India-EU Free Trade Agreement (FTA) will be a game changer and is expected to significantly boost trade between the two sides, Lithuanian Ambassador to India Diana Mickevičienė said. In an interview with IANS, Mickevičienė said the agreement which is ready to be signed, would provide an important foundation for a new generation of engagement between India and the European Union. "We hope to sign the FTA by the end of this year," she said, adding that Lithuania will hold the Presidency of the Council of the European Union from January to June 2027.

India and EU Seal Historic ‘Mother of All’ Trade Deals Amid US Warnings and Democratic Criticism Despite the economic optimism, the deal has drawn sharp criticism from the United States. US Treasury S...

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భారత్ మరియు యూరోపియన్ యూనియన్ మధ్య EU-India Deal ఖరారైంది. 97% ఎగుమతులపై సుంకాలు రద్దు. ప్రధాని మోదీ మరియు ఉర్సులా మధ్య చారిత్రక ఒప్పందం. పూర్తి వివరాలు ఇక్కడ.

New Delhi, July 15 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Wednesday said he met Maros Sefcovic, EU Trade and Economic Security Commissioner, and reviewed the progress on the implementation of the India-EU Free Trade Agreement (FTA). The two leaders also “explored avenues to deepen cooperation in trade, investment, critical technologies and resilient supply chains,” Goyal posted on X. Goyal and Sefcovic in March this year met on the sidelines of the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO) in Cameroon, and reviewed progress on the India-EU FTA.

Mumbai, June 21 (SocialNews.XYZ) India and the European Union (EU) are expected to sign their long-awaited free trade agreement (FTA) by December this year, with the pact likely to come into force by February-March 2027, Union Minister of Commerce and Industry Piyush Goyal said on Sunday. Addressing chartered accountants at an event here, the minister said the agreement would significantly enhance India's access to the European market by reducing tariffs on a wide range of goods. "Now, with almost zero duty, almost the entire European market will be open for us.

Gothenburg, May 18 (SocialNews.XYZ) As Prime Minister Modi concluded his successful visit to the third leg of his five-nation tour to Sweden on Sunday, Confederation of Swedish Enterprise Director General Jan-Olof Jacke said that the "Free Trade Agreement between the European Union (EU) and India sends a signal to the world that 'trade is a part of the future, not of the past'", adding that the trade pact between EU and India is a "fantastic foundation, but it will take more to make it come to full fruition". In an exclusive interview with IANS, Olof Jacke added: "Having said that, for the India-EU FTA to really materialise, there are a number of things that need to happen, that procedures need to be simple, that customs work well.

New Delhi, May 11 (SocialNews.XYZ) Portugal’s Secretary of State for Economy, Joao Rui Ferreira, said on Monday that the India-EU free trade agreement will mark the beginning of a new phase and strengthen the strategic partnership between India and the European Union by creating a stable and predictable regulatory framework. In an exclusive interview with IANS, Ferreira said, “Portugal has supported this agreement since day one. We are confident that it will happen soon, hopefully, by 2027.” He pointed out that the agreement is not only about tariffs but also about consistency, stability, and long-term predictability.

New Delhi, Feb 15 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman met top leaders and industrialists during her visit to Germany and discussed bilateral trade relations in the backdrop of the EU-India FTA deal, while scaling up the partnership in several fields, including manufacturing, technology and agriculture, Finance Ministry said on Sunday. FM Sitharaman met Lars Klingbeil, Vice Chancellor and Federal Minister of Finance, Germany and discussed the meeting between Prime Minister Narendra Modi and Federal Chancellor Friedrich Merz in India in January this year that strengthened bilateral relations, particularly in defence, trade, and technology.

New Delhi, Feb 6 (SocialNews.XYZ) Highlighting the growing partnership between India and the European Union (EU), External Affairs Minister (EAM) S. Jaishankar on Friday described the signing of the Free Trade Agreement (FTA) as a transformative milestone in bilateral ties while addressing the India-EU forum. He also underlined the potential for deeper cooperation between India and the EU in areas including security, defence, climate, technology and talent flows.

New York, Feb 3 (SocialNews.XYZ) India’s free trade agreement (FTA) concluded with the European Union last month could have pushed the US to make the trade deal with India, according to a South Asia expert at the Asia Society here. “Though India-US trade negotiations were on for a while, the deal with EU could have served as an impetus for the US to push forward”, Farwa Aamer, the director of South Asia Initiatives at the Asia Society Policy Institute (ASPI), said on Monday.

Mumbai, Jan 28 (SocialNews.XYZ) Indian equity benchmark indices Sensex and Nifty ended Wednesday’s session with modest gains, managing to stay in the green despite sharp volatility through the day. Investor sentiment was influenced by December-quarter earnings announcements and the finalisation of the India–European Union Free Trade Agreement. The Sensex closed at 82,345, rising 487 points, or 0.60 per cent. During the session, the index moved between a high of 82,504 and a low of 81,815 as markets swung between gains and losses.