INDIA UAE BILATERAL TRADE
India pushes for regional energy hub in Sri Lanka
India is pushing for quick progress on a key energy hub project in Sri Lanka. The proposed oil hub in Trincomalee is a strategic initiative involving India and the UAE. Officials met in Colombo to discuss accelerating the project. This development comes as global energy supplies face disruption. The hub aims to enhance regional energy security and cooperation.
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.
UAE envoy to India flags 2,890 strikes on civilian infra since Feb 28, says 4 million Indian expats integral to nation
The UAE ambassador has reported 2,890 missile and drone attacks. He called these unprovoked strikes and urged stronger international action. The UAE faced these attacks despite not being a direct party to the conflict. These incidents threatened regional stability. UAE air defence systems intercepted most incoming threats. International bodies have called for accountability and reparations.
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.
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.
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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.
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.
You'll be wrong to say bye to Dubai
Despite a recent 14% decline in Dubai's real estate transactions due to regional conflict, the city's status as a resilient global financial hub remains intact. Dubai's strategic advantages and past crisis management suggest a future stabilization, with potential buying opportunities arising from market corrections and renewed expat interest if peace prevails.
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.
Putin to attend BRICS Summit in India, Kremlin confirms second visit in a year
Russian President Vladimir Putin will attend the upcoming BRICS summit in India. New Delhi will host the 18th BRICS Summit in September 2026. This marks Putin's second visit to India in less than a year. Leaders from key developing nations will gather. The summit takes place during a period of global uncertainty.
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.
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.
For a few billion dollars, Pakistan has landed in dire straits
Pakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country's thin foreign exchange reserves. Rising oil prices and limited financing options have added to the pressure. Pakistan is seeking new funding sources, including international bonds and bilateral aid.
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.
Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infra
Recent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global infrastructure. India offers a secure and stable environment for data center expansion. Its robust policies and existing ties with the Gulf region make it a natural strategic partner.
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.
EAM Jaishankar shares moments from meetings with UAE President, highlights strong India-UAE ties
External Affairs Minister S Jaishankar’s journey to the UAE marked an important step in fortifying the strategic alliance between India and the Gulf nation. Meeting with President HH Mohamed Bin Zayed and HH Hamdan Mohammed, they deliberated on crucial topics such as energy dynamics and trade agreements.
EAM Jaishankar meets UAE Foreign Minister in Abu Dhabi; discusses West Asia security and strategic partnership
External Affairs Minister S Jaishankar met UAE Deputy Prime Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi. Discussions focused on the West Asia situation and strengthening the India-UAE Comprehensive Strategic Partnership. Jaishankar also interacted with the Indian community, assuring them of government efforts for their well-being amidst regional tensions. He appreciated the diaspora's contributions and the UAE's support.
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.
India reiterates support to GCC on supply chain, food security
India has reaffirmed its commitment to assist the Gulf Cooperation Council with food supply chain issues. Commerce Minister Piyush Goyal held virtual discussions with GCC leaders. The focus was on strengthening logistics and exploring alternative trade routes. India also expressed hope for an enduring ceasefire in the region, crucial for its energy security.
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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