All posts tagged: bilateral trade

India a launchpad for global growth, PM Modi tells New Zealand investors

India a launchpad for global growth, PM Modi tells New Zealand investors

Published by Parlour News

India’s growing middle class, large-scale digital adoption and infrastructure push, combined with policy and political stability, make it a launchpad for global growth, Prime Minister Narendra Modi said on Saturday as he sought investments from New Zealand into the country. Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon wave during Indian community Event, in Auckland on Saturday. (ANI) New Zealand and India signed a free trade agreement (FTA) in a record time of nine months, opening new opportunities in market access, investment, services, technology and talent mobility, Modi said while addressing a business event alongside Kiwi Prime Minister Christopher Luxon. “I am confident that by working with renewed vigour and enthusiasm, we will double bilateral trade by 2030,” he said, referring to a target set by both sides to take two-way trade to US $4 billion in four years. Also Read | Centre set to open missile sector to private Indian firms He described New Zealand’s commitment to invest US$20 billion in India over the next 15 years as a commitment to …

‘UPI will be operational in Seychelles by year-end’: MEA

‘UPI will be operational in Seychelles by year-end’: MEA

Published by Parlour News

Foreign Secretary Vikram Misri said that UPI system will become operational by the end of the year in Seychelles. Misri, while addressing the special briefing on the state visit of Prime Minister Narendra Modi to Seychelles, said that although the ties between both the nations are not yet comprehensive economic partnership, but they do share a significant substantiative partnership. (File Photo/ @MEAIndia) Misri, while addressing the special briefing on the state visit of Prime Minister Narendra Modi to Seychelles, said that although the ties between both the nations are not yet comprehensive economic partnership, but they do share a significant substantiative partnership. Also Read| India and Seychelles: A key maritime partnership “On Indian Technical and Economic Cooperation Programme (ITEC) cooperation, Seychelles is a fairly significant user of, I don’t know how many ITEC slots do you have annually? 90, so yeah, there is considerable use of ITEC training in a variety of areas by Seychelles. Timeline for UPI, I believe it will be operational by the end of the year. Yeah, yeah, so the target is …

Big trade wins for India as PM Modi attends G7 meet: UK deal date, EU FTA by year-end | Full list

Big trade wins for India as PM Modi attends G7 meet: UK deal date, EU FTA by year-end | Full list

Published by Parlour News

India made big strides on the trade front during the G7 meeting in France. Prime Minister Narendra Modi, who was attending the key meeting in Évian-les-Bains, met several global leaders and major economic developments are in the pipeline for India. Prime Minister Narendra Modi seen with several global leaders, including US President Donald Trump, European Commission President Ursula von der Leyen, Canada’s Prime Minister Mark Carney, among others. (AFP) The timelines of two key trade deals for India were fixed, and US President Donald Trump also shared a big update on the ongoing trade negotiations with India. Follow live updates on the G7 Summit here. Here’s a look a big breakthroughs for India: PM Modi met UK counterpart Keir Starmer and it has been decided that the India-UK Comprehensive Economic and Trade Agreement will be implemented from July 15. This will significantly boost bilateral trade and investment between the two countries. India and Canada issued a joint statement following a meeting between Modi and Canadian PM Mark Carney. The statement noted the “satisfaction of both …

Former US envoy Richard Verma flags “yellow light” in India-US ties amid trade and visa tensions

Former US envoy Richard Verma flags “yellow light” in India-US ties amid trade and visa tensions

Published by Webster

Former US Ambassador to India from 2015 to 2017 under President Barack Obama, Richard Verma, has said that while the India-US relationship has grown strongly over the last two decades, recent issues such as trade disputes, visa restrictions and rising anti-Indian sentiment are creating fresh pressure on the partnership. Speaking at the Capitol Hill Summit 2026 organised by the US-India Friendship Council, Verma said the relationship remains “one of the most consequential” in the world but is entering a more uncertain phase. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

‘Significant progress in ties’, says PM Modi after meeting Dutch PM Rob Jetten

‘Significant progress in ties’, says PM Modi after meeting Dutch PM Rob Jetten

Published by Parlour News

India and the Netherlands on Saturday decided to elevate their relationship to the strategic partnership level following extensive talks between Prime Minister Narendra Modi and his Dutch counterpart Rob Jetten amid shifting global geopolitics. India’s Prime Minister Narendra Modi, left, shakes hands with Netherland’s Prime Minister Rob Jetten (AP) Modi began his two-day visit to The Hague on Friday as part of four-nation trip to Europe that is aimed at ramping up bilateral ties in a range of key areas. India and the Netherlands also inked a number of agreements to further enhance their cooperation in a range of areas. “There has been significant progress in India-Netherlands ties in last one decade,” Modi said in his televised opening remarks during the talks with Dutch PM Jetten. Netherlands is one of India’s largest trading destinations in Europe, with bilateral trade touching USD 27.8 billion in 2024-25. The European nation is India’s fourth largest investor with cumulative foreign direct investment of USD 55.6 billion. In his remarks, the prime minister said India considers the Netherlands among its …

PM Modi in Amsterdam: Clean energy, meeting with Rob Jetten, trade ties and more on cards

PM Modi in Amsterdam: Clean energy, meeting with Rob Jetten, trade ties and more on cards

Published by Parlour News

Prime Minister Narendra Modi has arrived in the Netherlands for a two-day visit. After concluding his trip to the United Arab Emirates, the BJP leader arrived in Amsterdam, where he will meet his Dutch counterpart, Prime Minister Rob Jetten. The visit to the Netherlands marks Modi’s second trip since 2017. As per the Ministry of External Affairs, the Prime Minister will be in Amsterdam from May 15 to 17. (Narendra Modi on X) The visit to the Netherlands marks Modi’s second trip since 2017. As per the Ministry of External Affairs, the Prime Minister will be in Amsterdam from May 15 to 17. After arriving in the Dutch capital, PM Modi stated that his visit would focus on strengthening trade and investment relations with the country, especially after the free trade agreement between India and the European Union. Also Read | PM Modi landed, signed key deals, left UAE — all in 2 hours | Full list of pacts “This visit to the Netherlands is taking place at a time when the free trade agreement …

Brazilian President Luiz Inacio Lula da Silva receives ceremonial welcome at Rashtrapati Bhavan| India News

Brazilian President Luiz Inacio Lula da Silva receives ceremonial welcome at Rashtrapati Bhavan| India News

Published by Parlour News

A ceremonial welcome was held on Saturday at the forecourt of Rashtrapati Bhavan for Brazilian President Luiz Inacio Lula da Silva who is on a state visit to India. President Lula was accorded the Guard of Honour at the Rashtrapati Bhavan. Brazil’s President Luiz Inacio Lula da Silva. (REUTERS) The Brazilian President was recieved at the Rashtrapati Bhavan by PM Modi and President Droupadi Murmu. ALSO READ | Brazilian President to visit next week for AI summit, bilateral talks On Friday, President Lula inaugurated the first office of the Brazilian Trade and Investment Promotion Agency (Apex) in New Delhi. Sharing the details in a post on X he said that this would promote Brazilian products and services abroad and to attract foreign investments to strategic sectors of the Brazilian economy. “Brazil and India are two of the largest nations of the Global South. We had a trade flow of US$ 15.2 billion in 2025, with plenty of room for growth”, the post added. Brazil’s envoy to India, Kenneth da Nobrega, on Friday appreciated the efforts …

Trade Negotiation Is About Keeping Your Cool, Losing Temper Occasionally For Effect: Piyush Goyal | India News

Trade Negotiation Is About Keeping Your Cool, Losing Temper Occasionally For Effect: Piyush Goyal | India News

Published by Webster

Last Updated:February 08, 2026, 14:55 IST “Trade negotiations are all about being sharp on the uptake, being able to crystal gaze into the future,” Piyush Goyal said Union Minister of Commerce and Industry Piyush Goyal. (File Photo: PTI) Amid the recent announcement of the India-United States (US) interim deal, Union Commerce Minister Piyush Goyal said that “trade negotiation is about keeping your cool, but occasionally you may lose temper for effect”. “Trade negotiations are all about being sharp on the uptake, being able to crystal gaze into the future,” PTI quoted Goyal as saying. The United States and India have finalised a framework for an “interim agreement” on reciprocal and mutually beneficial trade, the White House announced late night on Saturday, February 6. Goyal on Saturday held a detailed press conference to explain the key provisions of the India-US interim trade agreement. During the briefing, he announced tariff reductions, zero-duty items, and the benefits for exporters, farmers, and MSMEs, while underscoring that the framework aims to strengthen bilateral trade ties and expand India’s global market …

‘Will never be the 51st state’| India News

‘Will never be the 51st state’| India News

Published by Parlour News

Donald Trump’s threats to Canada appear to be pushing it towards a significant recalibration of its foreign policy, with Ottawa now aggressively pivoting towards India as a primary strategic and economic partner. Canada’s Prime Minister Mark Carney frolicking at the Quebec Winter Carnival on January 22. (Reuters Photo) This shift comes as the Justin Trudeau-era diplomatic frost thaws under Prime Minister Mark Carney, and Canada seeks a massive “trade diversification” to shield its sovereignty from the protectionist tendencies of US President Trump. PM Mark Carney is expected to visit India in the coming weeks, a move aimed at the rapid expansion of bilateral trade following more than two years of strained relations, news agencies reported on Monday. According to Indian High Commissioner Dinesh Patnaik, the visit is likely to occur after India tables its Union Budget on February 1, signaling that trust is back in the system. For India, which is also suffering high tariffs from Trump, Canada’s pivot comes as a bonus along with a trade agreement it’s signing with the European Union. EU …

India-New Zealand Free Trade Agreement set to boost bilateral investments: An explainer

India-New Zealand Free Trade Agreement set to boost bilateral investments: An explainer

Published by Parlour News

India on Monday announced closure of negotiations for a free trade agreement signed with New Zealand, its 18th deal so far as the country aims to boost bilateral trade and investments. Indian Prime Minister Narendra Modi greets visiting New Zealand Prime Minister Christopher Luxon.(AP) The India-New Zealand FTA is expected to be signed in the next three months and it is likely to come into force next year. Other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea, Oman, and Australia. ALSO READ | India, New Zealand PMs announce conclusion of Free Trade Agreement Since 2014, India has signed six trade pacts with Mauritius, the UAE, Australia, EFTA, and the UK. What is a Free Trade Agreement (FTA) It’s an economic arrangement between two or more countries where they agree either to end or significantly reduce customs duties on the maximum number of goods traded between them, besides cutting down non-trade barriers on a significant value of imports from partner countries and easing norms to promote …