Trade Agreement
Latest news, explainers and analysis on Trade Agreement. Tracking 3 stories on Arth Vani.
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Latest on Trade Agreement
BreakingIndia-US Trade Pact 'Done and Dusted,' Execution Awaits India's Competitive Edge: Goyal
Commerce and Industry Minister Piyush Goyal announced that the India-US bilateral trade agreement is largely complete. The formal execution of the pact, however, will proceed only when India is assured of gaining a competitive advantage, emphasizing a strategic approach to international trade negotiations.
EU to Cut Car Import Duty for India: 2.5 Lakh Cars Annually
The European Union will allow 2.5 lakh Indian cars into the bloc each year at a reduced 8% import duty, a concession that will phase out to zero over five years. This move is part of an upcoming free trade agreement expected to be signed and implemented soon.
India Opens Applications for 2026 UK Car Import Quota, Slashing Duties to 10%
India has commenced the application process for the 2026 import quota for vehicles from the United Kingdom under the India-UK Comprehensive Economic and Trade Agreement (CETA). This crucial move will dramatically reduce customs duties on imported UK cars from approximately 110% to just 10%, making high-end British vehicles significantly more affordable for Indian consumers and dealerships.
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