Trade & Market

India Continues Talks On U.S. Tariff Proposal

Textile Insights June 4, 2026

India is continuing discussions with the United States following the conclusion of a U.S. Trade Representative (USTR) investigation into import-related measures adopted by 60 economies, including India, under Section 301 of the U.S. Trade Act of 1974. The USTR has proposed additional tariffs on

Trade & Market

China, US Move Towards Early Implementation Of Tariff Reduction Pact

Textile Insights June 2, 2026

China has said its recently agreed tariff framework with the United States will be implemented soon, with both sides maintaining close communication to finalise operational arrangements. A spokesperson for China’s Ministry of Commerce said the two countries are working to translate the agreement into action at the earliest, while expressing hope that the US will […]

Trade & Market

Shipping Disruptions Raise Global Trade Costs, WTO Warned

Textile Insights June 2, 2026

Global shipping leaders have flagged rising freight costs and mounting capacity pressures as ongoing disruptions across key maritime trade routes continue to strain global commerce. During a meeting with WTO Director-General Ngozi Okonjo-Iweala, senior executives from leading shipping companies said rerouting cargo through alternative corridors is increasing operational

Trade & Market

India, Uzbekistan Sign Key WTO Market Access Protocol

Textile Insights June 2, 2026

India and Uzbekistan have signed a protocol concluding bilateral market access negotiations, marking a significant milestone in Uzbekistan’s ongoing accession process to the World Trade Organization (WTO). The development was announced by Uzbekistan’s WTO envoy and chief negotiator Azizbek Urunov, who said the substantive market access agreements with India had been

Trade & Market

India-US Trade Deal Likely Before July 24, Says Commerce Secretary

Textile Insights May 27, 2026

India and the United States are likely to conclude their proposed trade agreement before July 24, when the temporary 10 per cent additional global tariffs imposed by the US are set to expire, according to Rajesh Agrawal, Commerce Secretary, Govt. of India. Speaking at an industry event, Agrawal said negotiations between the two countries are […]

Trade & Market

New Zealand Eyes Stronger Trade, Technical Partnership With Bangladesh

Textile Insights May 25, 2026

New Zealand has expressed interest in strengthening technical and strategic cooperation with Bangladesh to support the country’s economic and industrial development, particularly in sectors including apparel, textiles, renewable energy and manufacturing diversification. The proposal was discussed during a meeting between David Pine and Mahmud Hasan Khan at the office of

Trade & Market

India-Italy Partnership Opens New Textile Trade Opportunities

Textile Insights May 21, 2026

India and Italy are looking to deepen cooperation across textiles, manufacturing and sustainable industrial development as the two countries strengthen their strategic partnership under the evolving Indo-Mediterranean economic framework. Textiles have emerged as a key focus area in the growing India-Italy trade relationship, alongside sectors such as machinery, clean

Trade & Market

India-Oman FTA To Boost Textile Exports

Textile Insights May 15, 2026

India’s textile and apparel sector is expected to gain significant export opportunities as the proposed free trade agreement (FTA) between India and Oman is likely to come into force from June 1, 2026, according to Union Commerce and Industry Minister Piyush Goyal. Speaking to reporters in New Delhi, Goyal said discussions with the Oman delegation […]

Trade & Market

India, Vietnam Set US$ 25 Billion Trade Target By 2030

Textile Insights May 10, 2026

India and Vietnam have agreed to significantly deepen economic and strategic ties, setting a bilateral trade target of US$ 25 billion by 2030 alongside an upgrade of relations to an Enhanced Comprehensive Strategic Partnership. The agreement was reached in New Delhi during the state visit of Vietnamese President To Lam from May 5-7, marking a […]

Trade & Market

Türkiye And Lithuania Sign MoU To Boost Trade And Investment Ties

Textile Insights May 10, 2026

Türkiye and Lithuania have agreed to deepen economic cooperation with the signing of a Memorandum of Understanding (MoU) between the Foreign Economic Relations Board of Türkiye (DEIK) and the Association of Lithuanian Chambers of Commerce, Industry and Crafts (ALCCIC), Turkish Trade Minister Ömer Bolat announced on X. The agreement was signed alongside a broader bilateral