India may first ink a preferential trade agreement with EU: Piyush Goyal


Addressing a session on EU-India Collaborative Economic Growth, commerce and industry minister Piyush Goyal said India is hopeful of working a Free Trade Agreement (FTA) with the EU, “possibly starting with a preferential trade agreement for an early harvest to get faster outcomes”, an official statement said. A preferential trade agreement with the EU will […]

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India-UK summit to initiate proposed free trade agreement

India and the UK are committed to deepen trade relations, paving the way for expedited talks on a proposed Free Trade Agreement (FTA). During the 14th Joint Economic and Trade Committee (JETCO) between Commerce and Industry Minister Piyush Goyal and the UK’s International Trade Minister Ranil Jayawardena and International Trade Secretary Liz Truss, both nations have decided […]

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MEPS predicts 75 million tonnes shortfall in global steel production in 2020 due to the pandemic


UK-based MEPS forecasts that global crude steel production will fall to 1.8 billion tonnes, in 2020. This equates to a reduction of 75 million tonnes, compared with the figure recorded in the previous year. Early indications suggested that 2020 would be a year of modest economic recovery. Activity had been trending downwards since the zenith […]

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