Economic Diplomacy

The government has described the agreement as the biggest and most economically significant bilateral trade deal the UK has done since leaving the EU.

Union Finance Minister Nirmala Sitharaman on Monday met her Italian counterpart, Giancarlo Giorgetti, on the sidelines of the 58th ADB Annual Meeting in the Italian city of Milan.

India has reached a significant milestone in railway locomotive manufacturing, surpassing the United States and Europe by producing 1,681 locomotives in the financial year 2024-25.

India is ramping up its efforts to reach a monumental USD 200 billion trade target with African nations by 2030. Key to this strategy are the upcoming Joint Trade Council (JTC) meetings with Kenya and Tanzania, set for September.

Ghana’s Deputy Minister for Trade and Industry, Michael Okyere Baafi, called for enhanced Indian investment and broader Commonwealth cooperation during the ASSOCHAM Commonwealth Champions Conference in New Delhi on Friday.

Union Minister of Commerce and Industry, Piyush Goyal, highlighted the enduring ties and growing collaboration between India and Africa during the 19th CII India-Africa Business Conclave in New Delhi.

At the 19th edition of the CII India-Africa Business Conclave held in New Delhi, prominent business leaders emphasised the need for innovative financial solutions to bolster trade relations between India and Africa.

Prime Minister Tan Sri Muhyiddin Yassin said the measures introduced under the PRIHATIN ESP, Additional PRIHATIN and the Short-term Economic Recovery Plan (PENJANA) aims to address the impact from the COVID-19 crisis, while simultaneously ensuring business continuity.