South Korea and China have begun a fresh round of negotiations to expand their bilateral free trade agreement (FTA), with a focus on services, investment and finance. According to Ministry of Trade, Industry and Resources, trade delegations from both countries are holding the 14th round of
The India–UK Free Trade Agreement is expected to come into force within the next 30–45 days, according to Piyush Goyal, signalling a major step forward in bilateral trade relations. The minister shared the update following a meeting with Peter Kyle on the sidelines of the World Trade Organization Ministerial Conference held in Cameroon. He noted […]
The European Commission has proposed a key amendment to the EU Emissions Trading System (EU ETS) aimed at enhancing market stability and predictability amid rising energy volatility and geopolitical uncertainties. At the core of the proposal is a revision to the Market Stability Reserve (MSR), a mechanism designed to balance the supply of carbon allowances […]
The Government of India has announced a six-month extension of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, providing continued support to exporters across sectors. The extension will be effective from April 1, 2026, to September 30, 2026, as per a notification issued by the Directorate General of Foreign Trade (DGFT). The […]
In a move reinforcing global climate cooperation, California and the European Union have stepped up engagement to accelerate the transition towards a carbon-neutral and resilient economy, with a clear focus on market-driven mechanisms and industrial decarbonisation. The renewed partnership, led by Gavin Newsom and Teresa Ribera, positions climate action as a strategic
Australia has finalised a landmark free trade agreement with the European Union, marking the conclusion of eight years of negotiations and opening up a market of over 450 million consumers. The Australia–EU Free Trade Agreement was jointly announced by Anthony Albanese and Ursula von der Leyen, alongside trade officials from both sides, signalling a major […]
Chhattisgarh is stepping up its push to emerge as a textile manufacturing hub, offering incentives of up to 200 percent of fixed capital investment under its Industrial Development Policy 2024–30. In a strong value proposition for investors, a Rs 100 crore garment unit could be eligible for incentives of up to Rs 200 crore, depending […]
In a swift policy response to escalating trade challenges linked to West Asia disruptions, the Government of India has reinstated full benefits under the RoDTEP Scheme with effect from March 23, 2026. The decision comes amid ongoing disruptions in West Asia that have impacted maritime trade routes, increased freight costs and altered transit schedules for […]
Confederation of Indian Textile Industry has welcomed the government’s announcement of the Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme, calling it a timely boost for exporters facing disruptions due to ongoing tensions in West Asia. CITI Chairman Ashwin Chandran said the scheme reflects the government’s commitment to improving ease of
The Ministry of Textiles has reviewed the status of jute cultivation and preparedness for the ongoing crop season, while also signing a key agreement to strengthen the jute value chain in the Northeast. The review was chaired by Neelam Shami Rao, Secretary (Textiles) and brought together senior officials from major jute-growing states including Assam, Odisha, […]




















