26 Oct, 2026

Diplomat Today

Navigating the world's diplomatic waves

https://www.brics2026.gov.in/
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Trade & Investment

India–New Zealand Free Trade Agreement: Opening New Horizons for Indian Exports

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India’s Free Trade Agreement with New Zealand marks a significant step towards expanding the country’s global trade footprint. With 100% zero-duty access to the New Zealand market for Indian exports, the landmark pact is expected to create new opportunities for exporters, farmers, MSMEs and service providers. The agreement promises to strengthen bilateral economic ties, enhance export competitiveness and open new avenues for Indian businesses to access international markets, reinforcing India’s ambition to become a leading global trading partner.

India’s Air Cargo Push Takes Off: Faster Transhipment Opens New Gateway to Global Trade

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India is reshaping its air cargo network to accelerate international trade, reduce logistics costs and strengthen supply-chain efficiency. With transit times on key routes falling sharply, the new transhipment framework could create fresh opportunities for exporters, importers and logistics businesses while advancing India’s ambition to become a global cargo hub.

Mithila Makhana Goes Global: Bihar’s Superfood Finds a New Market in Australia

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Mithila Makhana is gaining a stronger foothold in global markets after APEDA facilitated its first commercial sea shipment to Australia. The 18-metric-tonne consignment highlights the growing export potential of Makhana while helping farmers secure higher returns through direct international market access. For bulk supply or export enquiries for Mithila Makhana, please contact Agro Food Business.

India–Vietnam Relations Enter New Phase with Enhanced Strategic Partnership and $25 Billion Trade Target

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India and Vietnam have elevated their relationship to an Enhanced Comprehensive Strategic Partnership, setting an ambitious $25 billion trade target by 2030. Following high-level talks between Prime Minister Narendra Modi and President Tô Lâm in New Delhi, both countries agreed to deepen cooperation across trade, defence, technology, and regional security, signaling a new era in bilateral ties.

From Pacifism to Power Projection: Japan’s Bold Defence Export Shift Redefines Global Security

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Japan’s landmark decision to ease long-standing restrictions on defence exports marks a decisive shift from its post-war pacifist posture toward a more proactive security role. By opening the door to the global arms market, Tokyo is not only reshaping its defence industry but also strengthening strategic partnerships across the Indo-Pacific. This policy transformation reflects changing regional security dynamics, rising geopolitical tensions, and Japan’s ambition to emerge as a key contributor to international stability and defence cooperation.