bilateral trade Archives - National Times

22 Dec

India, New Zealand Seal Historic Free Trade Pact, Aim to Double Trade in Five Years

Rajeev Sharma0 CommentsIndiabilateral trade, Christopher Luxon, India-New Zealand FTA, Narendra Modi

New Delhi, December 22, 2025— India and New Zealand on Monday formally announced the conclusion of a landmark Free Trade Agreement (FTA), marking a major step forward in bilateral economic and strategic relations. Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon unveiled the agreement during a telephone conversation, underscoring the growing momentum in ties between the two countries. Officials from both sides described the pact as historic, ambitious and mutually advantageous. The agreement was finalised in just nine months after negotiations were launched during Prime Minister Luxon’s visit to India in March 2025, reflecting strong political commitment…

29 Aug

PM Modi Meets Former Japanese PM Fumio Kishida, Discusses Bilateral Ties

Rajeev Sharma0 CommentsIndia, Trending, World Newsbilateral trade, Fumio Kishida, India–Japan relations, Narendra Modi, semiconductors, technology

Tokyo: Prime Minister Narendra Modi said he had a “wonderful meeting” with former Japanese Prime Minister Fumio Kishida, during which the two leaders discussed strengthening India–Japan relations.Modi noted that Kishida has consistently been a strong advocate of closer ties between the two nations. Their discussions covered progress in bilateral cooperation in trade, critical technologies, and human resource mobility.The Prime Minister further highlighted that both sides also explored new opportunities in emerging sectors, including advanced technology and semiconductors.

24 Jul

India, UK Sign Landmark Free Trade Deal to Double Bilateral Trade by 2030

Rajeev Sharma0 CommentsBusiness, Indiabilateral trade, India-UK Free Trade Agreement, Modi Starmer trade deal

New Delhi/London, July 24, 2025 — India and the United Kingdom took a historic step forward in their strategic partnership on Thursday by signing a landmark Free Trade Agreement (FTA) that aims to double bilateral trade by 2030. The comprehensive pact, inked after years of negotiation, will significantly increase market access, eliminate tariffs on key exports, and boost economic cooperation across sectors.Prime Minister Narendra Modi and UK Prime Minister Keir Starmer jointly witnessed the signing ceremony at Chequers, the British PM’s official country residence. Calling it a "historic day in India-UK relations," Modi emphasized that the deal would create vast…

13 Apr

India Likely to Ditch ‘Zero-for-Zero’ Tariff Model in Trade Talks with US

Rajeev Sharma0 CommentsIndiabilateral trade, India-US trade pact, zero-for-zero tariff

National Times Bureau: India is expected to avoid adopting the “zero-for-zero” tariff strategy in its trade negotiations with the United States, according to senior government officials. This strategy, where both nations eliminate tariffs on select categories of goods, is typically suited for economies with similar development levels—something India and the US don’t share.Instead, India is leaning toward a broader trade package that balances reductions in tariffs with discussions on non-tariff barriers, investment flows, and services. The country is particularly cautious about giving up agricultural protections due to the sector's critical role in rural livelihoods.The trade negotiations aim to significantly boost…