Parliament watch: India & ASEAN progress on AITIGA review, US tariffs and more
India and ASEAN, the ASEAN-India Mal Trade Agreement signed in 2009 was reviewed on the review of the “constructively busy” and nine meetings of the Common Committee meetings so far. 10th round is planned between 10-14 August 2025.
US Tariff Effect Menteşe to the Tariffs of Competitors: Government
New DELHI: The government said on Tuesday that the impact of American tariffs on exports in various sectors will change and change based on comparative tariffs in other countries, including competitors. The Minister of State, the Ministry of Commerce and Industry Jitin Prasada, in a written response to Lok Sabha, the Ministry of Commerce, export promotion and diversification measures to help reduce the impact is dealing with stakeholders, ”he said. In March 2025, the India-US Bilateral Trade Agreement (BTA) negotiations were launched, and the last Washington was negotiated between 14-18 July 2025. “India is actively interested in negotiations with the US and the European Union.
FTA strategy accepted to increase trade
The government said that India has adopted an approach to negotiating FTAs to expand market access while protecting local interests. The government told Lok Sabha in his statement, “Income is affected by tariff discounts for both common countries of FTA. This is expected to be balanced in the mid -term in the mid -term with increasing trade volumes, investment flows, increasing competitiveness of India and general economic growth.” India-UAE FTA also led to significant growth in foreign direct investments.
Bayat as a barrier without a tariff on Eudr DTO: Home Committee GOVT
Since the government is a non -tariff barrier form and the effects of free trade agreements on spice trade should be reviewed, the EU should mark the EU’s anti -forest regulation in the World Trade Organization (Eudr). He said FTAs should be designed to protect the interests of Indian spice farmers and exporters.
Mining change invoice ls shook his head
Lok Sabha changed changes to the laws and minerals (development and regulation) on Tuesday. Coal and mining Minister of Unity Coal and Mining, which addressed the Lower Assembly, said that mining is an important driving force of the country’s progress and critical minerals play an important role in renewable energy, electric mobility and the latest technologies. “From solar panels to wind turbines, agriculture, medical equipment, electronics, mobile phones, aircraft and sports, critical minerals play an important role in every sector,” he said.
Draft National Retail Trade Policy aims to increase Biz’s ease
The draft national retail trade policy has been prepared and focuses on preparing strategies through efforts to promote the ease of doing business in the retail sector, reduce the burden of conformity, increase the ease of access to loan, and to discriminate the small crimes for all formats of retail trade. Lok Sabha was informed of the abolition of license requirements, renewal requirements, audit reforms, facilitating public service delivery and creating a single window facilitating mechanism.
The export promotional duty during the proposal stage, says the center
The export promotional mission (EPM) announced in the 2025-26 unity budget is currently under the bid stage. The EPM proposal includes third -party assessment provisions to evaluate the results and inform more improvements. Monitoring and evaluation mechanisms are placed in the proposal to ensure the sensitivity and transparency of the stakeholders.
