Commerce Ministry

13 Aug

India and United States Remain Committed to Trade Agreement Amid Looming Russian Tariff Bill

Gurpreet Singh0 CommentsIndia, World Newsbilateral relations, Commerce Ministry, India US trade, Rajesh Agrawal, Tariff Bill, Trade Agreement

New Delhi (Gurpreet Singh): India and the United States remain fully committed to advancing negotiations on a proposed bilateral trade agreement despite ongoing legislative efforts in Washington to pass a bill authorizing tariffs of up to 100 per cent on top importers of Russian energy. Speaking in New Delhi on Thursday, Indian Commerce Secretary Rajesh Agrawal emphasized that both nations maintain regular contact and share a mutual dedication to realizing the trade framework agreed upon earlier this year. Addressing concerns regarding the proposed American sanctions, Agrawal characterized the bill as an internal domestic matter for the United States, declining to…

01 Mar

Trade Risk Assessment: Commerce Ministry Summons Exporters and Shipping Chiefs as Hormuz Blockage Looms

Gurpreet Singh0 CommentsIndia, World NewsCommerce Ministry, Exporters, Hormuz, Shipping, Trade

NEW DELHI (Gurpreet Singh) — The Union Commerce Ministry has convened an emergency high-level meeting on Monday, March 2, 2026, to evaluate the growing threat to India’s trade interests following the dramatic escalation of the Middle East conflict. The hybrid-mode session will bring together senior government officials, representatives from the Federation of Indian Export Organisations (FIEO), major shipping lines, and freight forwarders to assess the viability of critical maritime corridors and the potential for a massive spike in logistics costs. The immediate trigger for the meeting is the reported unofficial "blockage" of the Strait of Hormuz by Iran’s Revolutionary Guard…