
EU takes a step closer towards signing trade deal with India
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BRICS Summit: The two leaders reviewed progress in bilateral cooperation in the political, economic, defence, energy, space, skills mobility, and people-to-people domains, the Ministry of External Affairs said in a statement.

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Commerce Minister Piyush Goyal urged BRICS nations to link payment systems, pitch UPI as a basis for cross-border cooperation and boost trade in local currencies. He also called for easier market access, resilient supply chains and greater services cooperation.
Commerce Minister Piyush Goyal urged BRICS to create a common trade platform and operationalise a Women’s Advancement Fund to help small and women‑led exporters access credit, buyers and predictable rules. He highlighted India’s progress in women’s financial inclusion and called for sector‑specific delegations, electronic documentation and expanded services trade within the bloc.
India’s commerce minister Piyush Goyal met Thailand’s deputy prime minister and commerce minister Suphajee Suthumpun in New Delhi to discuss expanding bilateral trade, investment and the review of the Asean‑India Trade in Goods Agreement (AITIGA). The talks highlighted a record $20.93 billion trade flow in FY2025 and a widening Indian trade deficit of about $10.8 billion.
President Trump increased pressure on the Federal Reserve to lower interest rates, threatening trade cuts with countries with trade deficits.

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Addressing a national workshop in New Delhi on leveraging free trade agreements, commerce minister Piyush Goyal said India's nine FTAs currently cover economies representing about $60 trillion in GDP and provide preferential access to nearly two-thirds of global trade.
Three-day visit to focus on boosting $13-billion trade relationship, expanding defence cooperation and building on new Strategic Dialogue with Brussels
India, US working to build ‘fair, reciprocal’ trade ties; critical technology cooperation also in focus
High-level delegation may visit China next week; market access, trade deficit and investment curbs on agenda

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India's current account deficit widened marginally in the April-to-June quarter from a year ago on the back of higher commodity prices and a wider trade gap, the Reserve Bank of India said on Tuesday.
Retail, wholesale trade and IT services also record strong growth, according to data released by MoSPI.
Commerce Ministry will meet exporters and industry groups on September 1 to assess India-US trade and tariff concerns.
The plan, called 'Mission Rangeen Machhli 2031', will set uniform rules for breeding, biosecurity, quality control and trade across India's ornamental fish industry
The Shipping Ministry restores relaxations allowing foreign-flagged vessels to carry specified categories of cargo between Indian ports, opting for continuity amid geopolitical disruptions and capacity constraints in global shipping
Commerce Secretary Rajesh Agarwal visits Chile to review progress of talks
PM Modi in Tashkent: India is among top 10 trade partners of Uzbekistan with bilateral trade $1.5 billion as on today. The two countries expect to double bilateral trade to about $3 billion over the next three years.