Bilateral trade

India, UAE central banks discussing trade in rupee, dirham 

India's exports to the UAE rose by 17.6 per cent to about USD 18 billion during April-October this fiscal, according to the commerce ministry's data.

published on : 26th November 2022

India, UAE central banks discuss rupee, dirham trade 

The free trade agreement was aimed at providing significant benefits to Indian as well as UAE businesses, including enhanced market access and reduced tariffs.

published on : 25th November 2022

Fairly good response to trade settlement in rupee so far: RBI

"though I cannot name any country or foreign bank that has shown interest in this, I am happy to inform you that we have received positive responses from at least four-five countries," RBI said. 

published on : 30th September 2022

India, UAE assess progress in multiple domains of cooperation during joint commission meeting

A team consisting of both government and private sector representatives from India and UAE visited Kenya and Tanzania recently to identify opportunities for joint projects in the health sector.

published on : 2nd September 2022

India, UK end fifth round of FTA talks, deal likely to double bilateral trade to USD 100 billion by 2030

India will continue to work intensively towards its targets to conclude the talks by Diwali, said Nidhi Mani Tripathi, Joint Secretary Ministry of Commerce.

published on : 1st August 2022

India and Spain sign defence contract; Airbus to supply 56 C295 aircraft

Bilateral talks on trade, defence & security, and more, were held between Spain’s foreign minister, Jose Manuel Albares, and External Affairs Minister, Dr Jaishankar.

published on : 15th June 2022

US surpasses China as India's biggest trading partner in FY22 at USD 119.42 billion

Trade experts believe that the trend of increasing bilateral trade with the US will continue in the coming years also as New Delhi and Washington are engaged in further strengthening economic ties.

published on : 29th May 2022

India, Oman to hold meeting to boost economic ties on Wednesday 

The meeting would be co-chaired by Commerce and Industry Minister Piyush Goyal and his Omani counterpart. 

published on : 10th May 2022

UK PM Boris Johnson to visit India on April 21-22

United Kingdom’s Prime Minister, Boris Johnson will be visiting India on April 21 and 22. This will be his first visit since he took office at Downing Street.

published on : 17th April 2022

India, China trade surges to over USD 31 billion in Q1 of 2022 despite bilateral chill

Commenting on this, Liu Zongyi, said, "The continuous rise in bilateral trade showed the complementarity of two major developing economies despite tension from global geopolitical changes."

published on : 13th April 2022