BILATERAL TRADE INDIA AUSTRIA
India, South Korea to upgrade trade pact, deepen tech and supply chain ties
India and South Korea will resume talks to upgrade their economic partnership agreement. The goal is to increase bilateral trade to 50 billion dollars by 2030. Both nations will also enhance cooperation in critical technologies and supply chains. An economic security dialogue will be established. Discussions will cover shipbuilding, steel, and sustainability. Industrial collaboration will expand through new agreements.
Rat poison found in HiPP baby food jar in Austria, police say
Rat poison has been discovered in HiPP baby food jars in Austria. This has prompted a recall from 1,500 SPAR supermarkets across the country. Police are investigating suspected tampering. Similar findings have been reported in the Czech Republic and Slovakia. Consumers are urged to seek medical help if their babies consumed the product. Affected jars are being removed from sale.
Austria bets big on Indian talent with Focus India partnership
Austrian and Indian relations are reaching new heights, fueled by a recent visit from Austria's Federal Chancellor, emphasising the evolution of their academic partnership. Already, 200 Indian students have commenced their studies in Austria, marking a milestone following the establishment of a migration agreement and collaborative economic efforts.
India-China SCO talks focus on trade security, connectivity under first bilateral consultations
India and China held their first bilateral consultations on the Shanghai Cooperation Organisation in New Delhi. Both nations agreed to enhance cooperation on security, trade, and regional connectivity. Discussions focused on implementing SCO leaders' decisions and the organization's future direction. This meeting aims to build confidence and stabilize bilateral ties amid global shifts.
India explores FTA full use with Norway, sets up fast-track investment system with Austria
India and Norway are enhancing cooperation in energy, maritime, and biotech sectors. Norway sees growing investment interest in India. Meanwhile, India and Austria have launched a Fast-Track Mechanism to facilitate investments and resolve issues. This initiative aims to expand bilateral trade and leverage industrial complementarities. Both nations are prioritizing sustainable development and green technologies for future collaboration.
Indian envoy appreciates US support for stronger bilateral ties
Indian Ambassador Vinay Mohan Kwatra met with US lawmaker Pete Sessions. They discussed issues of mutual interest. Kwatra appreciated Sessions's support for a stronger India-US partnership. The meeting occurred as India and the US negotiate trade agreement details. The US agreed to reduce tariffs on India in the first phase of the agreement.
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Piyush Goyal engages with South Korean, Austrian leadership to deepen economic ties
Union Minister of Commerce and Industry, Piyush Goyal, advanced India's trade agenda through a series of diplomatic engagements on Thursday, holding a virtual meeting with South Korean Trade Minister Yeo Han-koo and an in-person session with Austrian Federal Chancellor Christian Stocker. The meetings, focused on bilateral investment and technological synergy, resulted in the signing of a new mechanism aimed at accelerating business resolutions between India and Austria.
India, Austria seal 15 deals across defence, counter-terrorism, tech and trade
India and Austria have signed fifteen agreements. These cover defence, technology, innovation, and trade. A Joint Working Group will combat cross-border terrorism. The agreements aim to boost cooperation in defence and counter-terrorism. Both nations also agreed on peaceful conflict resolution. Austrian expertise will enhance Indian infrastructure projects. Partnerships will strengthen in defence, semiconductors, and biotechnology.
India-South Korea shipbuilding collaboration to receive mega boost from Presidential visit next week
South Korean President Lee Jae Myung visits India from April 19-21. The visit prioritizes shipbuilding, especially LNG tankers, under the 'Make in India' initiative. Technology transfer and scaling up production are key. Collaborations will also cover semiconductors, civil nuclear energy, and defense manufacturing. This aims to boost the Special Strategic Partnership between the two nations.
Military conflict cannot resolve problems: PM Modi on West Asia, Ukraine
Prime Minister Narendra Modi and Austrian Chancellor Christian Stocker met in New Delhi. They agreed that military conflict cannot solve problems. Both leaders support stable and lasting peace in Ukraine and West Asia. The Austrian Chancellor's visit is expected to boost trade and investment between India and Austria. A new chapter has begun in India-EU relations following the historic FTA.
Indian envoy to US meets US Trade Representative amid talks on finalising trade deal
India’s Ambassador to the US Vinay Mohan Kwatra met top American officials to advance talks on a bilateral trade agreement, as both sides refine key terms. With tariffs and global trade rules shifting, a deal is expected once the US finalises its new tariff framework.
India trade delegation to visit US for BTA talks, first in-person meeting since October
An Indian trade team led by Darpan Jain will visit the US from April 20–22 for talks on a bilateral trade agreement, the first in-person meeting since October. Officials said the deal is being recalibrated amid changing tariff conditions, while India also rejected US allegations in a Section 301 probe.
US’ 301 probes: India denies allegations, seeks termination of both investigations
India has rejected allegations by the US Trade Representative under its Section 301 probe, denying claims of “structural excess capacity” in sectors such as petrochemicals and textiles. It argued that its $42 billion trade surplus with the US is a macroeconomic outcome shaped by multiple factors and not due to unfair practices.
India stands by trade pact with US, trade negotiators to visit Washington next week
An Indian trade delegation will visit the US to discuss a bilateral trade agreement. Negotiations will focus on recalibrating the deal due to recent tariff changes. India aims to secure favorable terms and commitments. This engagement follows a call between Prime Minister Modi and President Trump. Discussions will also cover trade issues and investigations.
US Sec 301 probe: India rejects allegations, requests for terminations of both investigations
India has strongly rejected US allegations of excess structural capacity and production, asserting the USTR's investigation lacks a "cogent rationale." New Delhi has requested a negative determination and termination of the probe, emphasizing that trade concerns should be addressed through bilateral negotiations. India also denies allegations regarding forced labor, seeking termination of that investigation as well.
India-UK trade agreement may come into force next month: Commerce Secy
India's trade deals are set to boost exports. The pact with the UK is expected in May. Oman's agreement is slated for June 1. New Zealand's FTA is anticipated on April 27. The India-EU FTA is targeted for this calendar year. These agreements will open new avenues for Indian businesses.
Geopolitical tensions cripple India-Middle East trade in March
India's trade with the Middle East saw a significant drop in March. Exports and imports fell by over 50 percent. This decline resulted from disruptions caused by the US-Israel attack on Iran. The Strait of Hormuz, a vital shipping route, faced temporary closure. This impacted shipments of gems, jewellery, engineering goods, and rice.
China surpasses US as India's largest trading partner in FY26; trade gap swells to USD 112.16 bn
India's trade with China reached USD 151.1 billion in 2025-26, making it the largest partner. The trade deficit with China widened significantly. The US was previously the top partner for four years. India's exports to China saw substantial growth, while imports also increased. Trade with the US showed marginal export growth and increased imports, leading to a reduced trade surplus.
India, Germany decide to shore up defence and energy ties amid West Asia crisis
India and Germany have agreed to strengthen cooperation in defense, green hydrogen, renewable energy, and critical technologies amidst global geopolitical challenges. Discussions during the Foreign Office Consultations in Berlin covered bilateral relations, regional conflicts like West Asia and Ukraine, and future collaboration avenues.
Indian official team to visit Washington next week for trade talks
An Indian delegation is heading to Washington next week for crucial trade talks. The meeting focuses on an interim trade agreement between India and the US. This pact was delayed due to changes in US tariff policies. The US has imposed new tariffs affecting global trade partners.
India-Austria to deepen economic ties; Bilateral trade crosses USD 2.35 billion: CII Regional Chairman
India and Austria move to deepen their economic partnership with a specific focus on green technologies and advanced manufacturing as bilateral trade between the two nations surpassed the USD 2.35 billion mark.Chairman of the CII Western Region and Chairman & Managing Director of Blue Star Ltd, identified these sectors alongside digital innovation as the primary drivers for the next phase of the bilateral relationship.
India-France review cooperation on economic security during talks in Paris
India and France held Foreign Office Consultations in Paris. Discussions covered economic security, innovation, and STEM talent. Defence, nuclear energy, space, and cyber cooperation were reviewed. Global issues like climate change and the Indo-Pacific were also discussed. Foreign Secretary Vikram Misri met French officials. He also visited the Swami Vivekananda Cultural Centre. This follows President Macron's India visit.
India, Oman discuss ways to boost trade, investments
India's Commerce Minister Piyush Goyal met with Oman's Minister of Commerce, Industry and Investment Promotion. They discussed ways to enhance trade and investment ties. This follows recent discussions with other Gulf nations. The India-Oman Comprehensive Economic Partnership Agreement aims to boost mutual growth.
India, Saudi Arabia discuss strengthening trade relations, enhancing energy supply
India and Saudi Arabia are boosting trade ties. Discussions focused on enhancing energy supply cooperation. Both nations are pushing for progress on a trade agreement with Gulf Cooperation Council countries. This comes as regional conflicts impact supply chains. India is also supporting its exports to Saudi Arabia and the wider Gulf region.
Piyush Goyal holds talks with Saudi Arabia trade minister on stronger supply chains
India's Commerce Minister Piyush Goyal met with Saudi Arabia's Trade Minister Majid bin Abdullah Al Qassabi. They discussed strengthening supply chains affected by the West Asia crisis. Both ministers expressed optimism for early progress on the India-GCC Free Trade Agreement negotiations. The discussions also focused on ensuring smooth trade flows and recovering from disruptions.
US Secretary of State Marco Rubio to visit India in mid-May on first trip
Indian Foreign Secretary Vikram Misri held talks with US Secretary of State Marco Rubio in Washington. The discussions covered trade, critical minerals, defense, and the Quad. Secretary Rubio is scheduled to visit India next month. Misri also met with other US officials to discuss supply chains and technology cooperation. These meetings aim to strengthen India-US relations.
West Asia crisis: Piyush Goyal meets Kuwait, UAE to restore trade, energy flows
India's Commerce Minister Piyush Goyal met with leaders from Kuwait and the UAE. Discussions focused on restoring trade and energy supplies disrupted by recent events. India offered assistance to Kuwait for food security. Both sides emphasized dialogue and diplomacy. Efforts are underway to ensure smooth trade flows and continuity of essential supplies.
Piyush Goyal urges exporters to tap India-US portal to boost trade
India and the US are pushing businesses to use a new trade facilitation portal. This initiative aims to significantly increase bilateral trade, with both nations targeting $500 billion. The portal is designed to connect businesses across various sectors, from agriculture to technology. This development is expected to create new opportunities and strengthen economic ties between the two countries.
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