Trade Agreements With US, EU To Be Concluded Soon: FM
New Delhi: In the midst of the ongoing trade talks between India and the United States, the Union Finance Minister Nirmala Sithaman said that the trade agreement with both the US and the European Union (EU) (EU) was rapidly progressing and will be finalized soon. Since the government targets an export of $ 2 trillion by 2030, it takes advantage of everything to increase trade in many countries, including the US and the EU.
The Minister of Finance, who praised Indian exporters, was sure of every possible government support in the middle of the challenging global environment. In the 2025 trade Conclave 2025, Exim Bank’s export growth of 6.3 percent, despite an increasingly complex geopolitical view, left 4 percent behind the global average.
Finance Minister, India’s total exports, despite a challenging global environment, the highest level of all -time growth in the growth of 6 percent of the previous year touched 825 billion dollars, he noted. “This is an important leap of $ 466 billion in 2013-14. Now the emphasis is to make more free trade agreements soon.” He said.
He also said that India signed free trade agreements with the UAE, Australia and 4-Nation Efta (European Free Trade Association) block and negotiations with the UK. Negotiations with the US and the European Union continue intensively and should reach an earlier conclusion. ”
While the authority grew by only 4 percent of global exports, India’s exporters, despite the global uncertainties on the trading front, said that a 6.3 percent growth has achieved rapidly monitoring and cross -growth. He observed that exporters were ‘swimming against tides’, provided them with all their support and called on them to focus on innovation and find new markets for their products.
The United Nations Trade and Development Conference (UNCTAD) World Investment Report, quoting 2025, said the position of India has improved despite the fact that global DYM flows have fallen by 11 percent. “Between 2014-24, a foreign direct investment of approximately 668 billion dollars (DYM) announced that approximately 67 percent of the total of 67 percent of the Total DYY, which has been reported in the last 24 years, is 991 billion dollars,” he said.
Meanwhile, Finance Minister Nirmala Sithaman rejected the claim that India’s latest budget has reduced the number of tariff rates to eight and that it is much lower. In the ‘tariff-kral interpretation’ in the USA, I want two things to be remembered. Considering our system, we are looking for parliament approval to decide the tariff rate and permission to reach a certain level, but you are effectively much lower. ” He said.
