Economic Diplomacy

India and Japan continue to deepen their Special Strategic and Global Partnership as Foreign Secretary Vikram Misri met H.E. Ms. Kimi Onoda in New Delhi. The discussions focused on strengthening cooperation in economic security, resilient supply chains, artificial intelligence, and emerging technologies, reflecting a shared commitment to building trusted, future-ready global economic systems.

India and Bhutan reaffirmed their deep-rooted economic partnership during the 7th Joint Group of Customs (JGC) meeting in Munnar, with both sides emphasizing enhanced customs cooperation, trade facilitation, and coordinated border management to further strengthen bilateral trade and connectivity.

India and Bhutan have taken a significant step toward deepening their energy partnership during Manohar Lal Khattar’s April 2026 visit, marked by key agreements on hydropower and cross-border electricity trade. With a focus on projects like the Punatsangchhu-II Hydroelectric Project, the collaboration highlights a shared commitment to clean energy, economic growth, and regional stability.

S. Jaishankar’s Brussels visit signals renewed momentum in India–European Union ties, with a clear focus on strategic alignment, trade progress, and coordinated responses to global challenges.

Indian Ambassador to Cairo, Suresh K. Reddy, met with Hassan Abdullah, Governor of the Central Bank of Egypt, to discuss ways to enhance cooperation between Egypt and India in the banking and financial sectors, thereby strengthening the economic ties between the two countries.

India’s economic rise over the past decades has positioned it as one of the most dynamic and influential economies in the world consisting of majority of youth population and middle class. With a population exceeding 1.4 billion and a large proportion of working-age citizens, India benefits from a demographic dividend that fuels consumption, innovation, and productivity.

India’s Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, marks an important institutional milestone as her ninth consecutive budget. Beyond the numbers, the budget reflects India’s economic priorities at a time of global uncertainty, supply-chain realignments, and shifting geopolitical equations.

India and the United Arab Emirates on Monday agreed to take their partnership to a higher level, with both sides committing to a long-term plan to expand economic engagement and double bilateral trade to USD 200 billion by 2032.

India and Slovenia reaffirmed their commitment to expanding economic engagement as senior officials from both countries convened the 10th meeting of the Joint Committee on Trade and Economic Cooperation (JCTEC) on Wednesday.

On the sidelines of the G20 Summit in Johannesburg, Prime Minister Narendra Modi met with Canadian Prime Minister Mark Carney to strengthen bilateral ties and explore a new roadmap for economic, technological, and strategic cooperation.