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Piyush Goyal's remarks come just days after he claimed that the FTA between India and the four-nation European bloc will bring stability, predictability, and continuity to businesses in the regions

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NDTV Profit | 12 Jun 2025

Trade and Commerce

TREND | 11 Jun 2025

Task Force on textile exports to tackle sectoral issues: Commerce Ministry

Business Standard

A task force on textile exports will create a unified platform to address critical issues concerning the sector to boost outbound shipments, the Commerce Ministry said on Wednesday. The country aims to increase textile exports to USD 100 billion by 2030-31. The first meeting of the task force was held on June 10 under the chairpersonship of Commerce Secretary Sunil Barthwal to discuss issues and strategies for enhancing textiles exports from India, besides increasing share in global markets. Barthwal said the primary objective of the task force is to create a unified platform for addressing critical issues concerning the textile sector by involving all relevant stakeholders. Special Secretary, Department of Commerce, Rajesh Agrawal said there is a need to focus on innovations keeping in view the latest trends to garner a higher share of the export market. Textiles is one of the key focused sectors identified by the Department of Commerce for promoting exports. While the governmen

Trade and Commerce

TREND | 11 Jun 2025

India will certainly cross $825 bn exports in FY26: Commerce minister

Business Standard

India's exports of goods and services hit a record $825 billion in FY25, up from $778 billion in FY24. Meanwhile, the World Bank projects global growth at 2.3% in 2025, the weakest in 17 years

Trade and Commerce

TREND | 10 Jun 2025

FTA negotiations: European Union relents on raw material supply clause

Business Standard

Bloc earlier wanted India to commit to uninterrupted supply

Trade and Commerce

TREND | 10 Jun 2025

India-EFTA trade pact to boost stable, predictable business ties: Goyal

Business Standard

The free trade agreement (FTA) between India and the four-nation European bloc EFTA will bring stability, predictability and continuity to businesses in the regions, Commerce and Industry Minister Piyush Goyal said on Tuesday. He said while India provides huge market and skilled professionals, Switzerland has advanced manufacturing capabilities. The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates, and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. "The agreement will give stability, predictability and continuity in the partnership," Goyal said here while addressing businesses of both regions. The agreement is expected to be operationalised from October. He added

India-EFTA trade pact expected to come into effect from Sept 2024: Goyal

Business Standard | 09 Jun 2025 1 more

Trade and Commerce

TREND | 10 Jun 2025

Government Considering Scheme To Help MSME Exporters Register Goods In New Markets: Goyal

NDTV Profit

The scheme may include 12 components, including easy credit schemes for MSMEs, e-commerce exporters, facilitation of overseas warehousing and global branding initiatives, to tap emerging export opportunities and strengthen trade tools for small businesses.