PIYUSH GOYAL VISIT EGYPT
Piyush Goyal urges Indian diaspora in Cairo to keep 'motherland' close to heart, invokes 'Karmabhoomi' spirit
Piyush Goyal addressed the Indian community in Cairo, urging them to prioritize responsibilities to Egypt. He emphasized the significance of their emotional and cultural connection to India. Goyal highlighted the positive contributions of Indians to enhancing India-Egypt relations. He also interacted with the Bohra community, appreciating their role in fostering economic ties. Goyal's visit aims to discuss trade and investment opportunities between the two nations.
India, US have resolved bulk of trade deal issues, pact could be sealed soon: Jaishankar
India and the US have nearly resolved issues regarding the proposed trade deal. External Affairs Minister S Jaishankar expressed hope that the agreement could soon be finalized. Negotiations have focused primarily on changes needed from the American side. The upcoming meeting between Prime Minister Narendra Modi and President Trump may further progress the deal. Securing this trade pact would significantly benefit India’s economy in the large context.
Goyal in Egypt: Both sides to discuss increasing cooperation in infra, mnfg, logistics
Commerce and Industry Minister Piyush Goyal will visit Egypt for two days to enhance trade relations. He will engage in discussions to facilitate business participation in each other's markets and review the progress of bilateral trade. Over 140 Indian business leaders will accompany him to explore opportunities in various sectors. Meetings with Egyptian officials and business representatives are scheduled to reinforce economic cooperation.
FICCI calls for comprehensive India-Africa trade framework
India and Africa are encouraged to develop a comprehensive trade arrangement to enhance economic cooperation. Ficci emphasizes the importance of a predictable framework to address trade barriers and promote investment. With the upcoming visit of Commerce Minister Piyush Goyal to Egypt, both regions aim to strengthen ties. Egypt's strategic location provides opportunities for Indian companies in various sectors.
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US assures India lower tariffs than peers in trade deal
The US has assured India of lower tariffs than those imposed on its trading partners under the proposed trade deal. The first phase of the agreement will cover goods, with services to be negotiated separately in the next phase.
India will have one of the 'best' trade deals with the US: Comerce Minister Piyush Goyal
Commerce and Industry Minister Piyush Goyal stated that India is close to finalizing a strong trade deal with the US. The framework for the initial phase of the bilateral agreement has been completed. However, recent changes in US tariffs have necessitated further discussions between the two countries. Goyal emphasized that the outcomes of the negotiations will be beneficial for India.
Kattappa stabbed Baahubali, but India won't: Piyush Goyal's message to a world full of betrayals
Piyush Goyal Katappa video: Piyush Goyal has invoked the famous Kattappa-Baahubali question from SS Rajamouli's blockbuster to highlight India's position as a reliable global trade partner. He says countries seeking trustworthy business partners can count on India, which stands by its commitments and never betrays its partners.
Piyush Goyal pitches India as safe investment haven amid global turmoil, highlights $85 trillion market access
Union Minister Piyush Goyal highlighted India's commitment to global investors through stable policies and fair laws. He emphasized that India has signed trade agreements benefitting nearly $70 trillion of global GDP, expanding market access for its goods and services. Goyal assured investors about intellectual property protection, underlining that technology is not appropriated. He noted India's reliability demonstrated during the COVID-19 pandemic by supplying essential goods to over 100 countries.
CII summit puts spotlight on Naidu's importance as key NDA ally, Centre's show of strength
The CII Partnership Summit is scheduled for November 12-13 in Visakhapatnam, featuring key Union ministers and the Vice-President of India. This event aims to solidify N Chandrababu Naidu's role as a crucial ally of the NDA. Naidu will deliver the keynote address while discussions will focus on various economic issues. Ministerial participation will showcase potential investment opportunities in Andhra Pradesh.
India, Canada begin sixth round of trade talks
India and Canada have initiated their sixth round of negotiations for a Comprehensive Economic Partnership Agreement. Commerce and industry minister Piyush Goyal engaged with Canada's international trade minister Maninder Sidhu before the talks. Both ministers emphasized the necessity of a balanced agreement to enhance market access. The discussions aim to leverage the strengths of both economies for mutual benefit.
India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal
Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.
India-US hold bilateral talks in New Delhi on Customs and trade facilitation: Govt sources
A US delegation engaged with Indian Commerce Ministry officials to enhance bilateral trade and customs procedures. The discussions took place on November 2-3 and focused on trade facilitation frameworks. Ongoing negotiations are related to the proposed Bilateral Trade Agreement aimed at improving market access. Both nations are close to finalizing an interim trade agreement, with few issues left to resolve.
DPIIT seeks Fillip for local mfg of 100 goods in budget
DPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to share its findings with the finance ministry for the FY28 budget recommendations. Commerce Minister Piyush Goyal met with Skoda Auto Volkswagen to promote electric vehicle manufacturing and increase localization. High import dependence is classified based on the percentage of domestic demand met by imports.
India extends Halal certification for meat exports to Egypt
The government has extended the implementation of the mandatory i-CAS-Halal for meat exports to Egypt by three months. This extension aims to facilitate the accreditation process of Egyptian Halal certification bodies. Additionally, the government specified that the Certificate of Inspection for rice exports is limited to certain European countries. Exemption from this requirement will continue until April 2027 for other European nations.
Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exports
Commerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports, strengthening domestic manufacturing, accelerating EV production and increasing localisation.
‘Ocean freight rates will come down eventually, we have seen this before’: DP World COO
Global ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerouted shipping routes through India to mitigate the impact on trade, showcasing the importance of Indian partnerships. Investment in Jebel Ali Free Zone increased significantly, with over 270 new Indian companies starting operations recently. Alternative routes were implemented for Indian cargo to bypass maritime bottlenecks, enhancing connectivity for trade.
Piyush Goyal to visit Egypt with big business delegation; India eyes trade, investment partnerships
Commerce Minister Piyush Goyal will visit Egypt next week with a large business delegation to explore investment and collaboration in sectors including startups, fintech, pharmaceuticals and automobile components. The visit comes as India seeks to deepen its strategic engagement with West Asia and position Egypt as a gateway to African, Arab and European markets.
Putin will not be invited to Britain's G20 summit, UK PM Burnham says
British Prime Minister Andy Burnham stated that Russian President Vladimir Putin will not receive an invitation to the G20 summit. This summit will take place next year in November in Manchester. Despite being a member, Putin's participation remains contentious due to international tensions over Russia's actions in Ukraine. US Secretary of State Marco Rubio previously indicated an invitation for Putin to a G20 meeting in Miami.
Mohabbatein to Deewar: Piyush Goyal gives Kirori Mal College students a Amitabh Bachchan-inspired life lesson
Union Minister Piyush Goyal inspired students at Kirori Mal College by referencing iconic films starring Amitabh Bachchan. He emphasized the importance of resilience and adaptability, drawing insights from movies such as Mohabbatein, Zanjeer, and Lakshya. By likening the evolution of Bachchan's characters to life's challenges, Goyal encouraged students to embrace learning at every stage and remain steadfast in their personal goals despite adversity.
Piyush Goyal sets March 2027 deadline for digitisation of DGFT services, aims to end physical visits
Commerce Minister Piyush Goyal has set March 31, 2027, as the deadline for complete digitisation of DGFT services, including licence, permit and SCOMET approvals. From April 1, businesses will no longer need physical visits to government offices for these services. The move also includes digitising historical records and simplifying procedures.
Piyush Goyal holds talks with Danish minister to expand economic partnership
India and Denmark are actively exploring various opportunities to strengthen their economic engagement and partnerships. The discussions between Piyush Goyal and Martin Lidegaard emphasized collaborative efforts in trade, investment, and industrial cooperation. Approximately 250 Danish companies operate in India, employing over 100,000 individuals while showing strong interest in further investments. Cooperation in renewable energy and wind energy technologies has been a core focus of their partnership.
India to make tunnel boring machines at home if China curbs exports: Piyush Goyal
India is gearing up to start producing its own tunnel boring machines if China decides to limit its exports. This statement came from Piyush Goyal, India's trade minister, after Beijing made its recent announcement. It highlights India’s plan to not rely on foreign supplies and enhance its domestic manufacturing capabilities in this crucial area.
India’s FTAs to open access to $85 trillion market; Piyush Goyal urges exporters to go global
India's trade agreements are expected to provide exporters preferential access to markets with a combined GDP of $85 trillion, covering 76% of the global economy, Commerce Minister Piyush Goyal said. He urged businesses to expand internationally, improve product quality and build global brands as India pursues additional trade pacts.
India to emerge as major exporter to China, ASEAN, get edge in US trade pact, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal highlighted India's potential to expand exports to China and ASEAN. Negotiations are underway for a trade pact with the United States that could provide India a comparative advantage. The country is also working towards an Investment Protection Agreement with the European Union. Goyal indicated that discussions for preferential trade agreements are progressing with multiple countries and groups.
Piyush Goyal says India-Chile FTA talks ' quite ripe' for conclusion, Canada negotiations making progress
India is making progress on free trade agreements (FTAs) with several countries, with negotiations with Chile nearing conclusion and talks with Canada advancing, Commerce and Industry Minister Piyush Goyal has said. Discussions with the Southern African Customs Union have recently begun, while efforts to expand trade arrangements with Mercosur continue. Talks with the Gulf Cooperation Council and Israel remain slow amid the West Asia crisis.
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