Latest news with #IndianDelegation
Bloomberg
5 days ago
- Business
- Bloomberg
Indian Delegation to Discuss Rupee Trade in Russia Next Week
Rupee-denominated trade will be among discussion topics when a high-level delegation visits Russia next week, an Indian official told reporters, another sign that the South Asian nation is deepening ties with BRICS partners after US President Donald Trump's punitive tariffs. The Indian team will visit Moscow Aug. 20-21, the official said in New Delhi Thursday, asking not to be identified as he's not authorized to speak publicly on the matter. India will also discuss a free trade agreement with Eurasian Economic Union countries during the visit, the official said.
Times of Oman
6 days ago
- Politics
- Times of Oman
India, Australia hold 7th round of dialogue on disarmament, non-proliferation
New Delhi : The 7th round of India-Australia Dialogue on Disarmament, Non-Proliferation, and Export Control was held on Tuesday in New Delhi, a statement by the Ministry of External Affairs said. The two sides discussed developments in the areas of nuclear, chemical, biological disarmament and non-proliferation, outer space security-related matters, conventional weapons, including AI in the military domain and multilateral export control regimes. The Dialogue facilitated enhanced mutual understanding and appreciation of national perspectives and global developments on non-proliferation and disarmament issues, which will contribute to the India-Australia Comprehensive Strategic Partnership, as per the statement. The Indian delegation was led by Muanpuii Saiawi, Joint Secretary (Disarmament and International Security Affairs), Ministry of External Affairs and the Australian delegation was led by Vanessa Wood, Ambassador for Arms Control and Counter-Proliferation, Department of Foreign Affairs and Trade, the statement said. Earlier on March 30, 2021, the sixth round of India-Australia Dialogue on Disarmament, Non-Proliferation and Export Control was held virtually on Tuesday, wherein the two sides discussed contemporary issues of mutual interest. According to a statement from the Ministry of External Affairs (MEA), both countries exchanged views on issues in the areas of nuclear, chemical, biological disarmament and non-proliferation, conventional weapons, outer space security and strategic export control. The dialogue facilitated enhanced mutual understanding and appreciation of national perspectives and global developments on non-proliferation and disarmament issues that will contribute to the India-Australia Comprehensive Strategic Partnership, the MEA statement said. Meanwhile, Australian Army Chief Lt General Simon Stuart arrived in New Delhi for an official visit. On Monday, he met the senior leadership of the Indian Armed Forces. The Australian Army Chief will travel to Agra tomorrow to visit the 50 (Independent) Parachute Brigade, also known as the Shatrujeet Brigade, a specialised airborne formation of the Indian Army headquartered in Agra. It is known for its rapid deployment capabilities and is directly under the command of the Director General of Military Operations (DGMO). The brigade is composed of airborne battalions, artillery batteries, a field hospital, signal and engineer units, making it a self-contained, highly mobile force.
Khaleej Times
30-06-2025
- Business
- Khaleej Times
Indian officials extend US visit to iron out trade deal, sources say
Officials from India will extend their Washington visit to try to reach agreement on a trade deal with U.S. President Donald Trump's administration and address lingering concerns on both sides, two Indian government sources said on Monday. Trade talks between India and the US have hit roadblocks over disagreements on import duties for auto components, steel, and farm goods, ahead of Trump's July 9 deadline to impose reciprocal tariffs. The Indian delegation had been expected to conclude discussions by last Friday, but was staying on until at least Monday evening to iron out differences and move towards an agreement, officials said, declining to be named as the discussions are private. "There are certain disagreements over opening up the agriculture and dairy sectors, though India has offered tariff concessions on 90% of tariff lines. A final call will be taken by the political leadership of the two countries," one of the government sources said. "The Indian delegation could stay for another one to two days if discussions continue," the second source said. India's commerce ministry and the US Trade Representative Office did not immediately respond to requests for comment. Agriculture and dairy are "big red lines" for India in its ongoing trade negotiations with the US, Finance Minister Nirmala Sitharaman told the Financial Express newspaper in an interview published on Monday. "Yes, I'd love to have an agreement, a big, good, beautiful one; why not?" Sitharaman said, adding that an early conclusion of the trade deal would serve India better. Trump said last week that America was going to have a "very big" trade deal with India, but gave no details.
Zawya
26-06-2025
- Business
- Zawya
India, U.S. trade talks face roadblocks ahead of tariff deadline, Indian sources say
NEW DELHI - Trade talks between India and the U.S. have hit a roadblock over disagreements on import duties for auto components, steel and farm goods, Indian officials with direct knowledge said, dashing hopes of reaching a deal ahead of President Donald Trump's July 9 deadline to impose reciprocal tariffs. The deadlock marks a sharp shift from earlier optimism, following Trump's claim that New Delhi had proposed a "no tariffs" agreement for American goods, and officials from both sides suggesting India could be among the first countries to strike a deal on the new U.S. tariffs. India is pushing for a rollback of the proposed 26% reciprocal tariff set to take effect on July 9, along with concessions on existing U.S. tariffs on steel and auto parts. But U.S. negotiators have not yet agreed to the demands, three Indian government officials told Reuters. "The U.S. side first wants India to commit to deeper import tariff cuts on farm goods like soybeans and corn, cars and alcoholic beverages along with easing of non-tariff barriers," leading to disagreement between the two sides, one of the sources said. The sources spoke on condition of anonymity, citing the confidentiality of the ongoing discussions. India's commerce ministry, the U.S. Embassy in New Delhi and the U.S. Trade Representative Office did not immediately respond to requests for comment. An Indian delegation is expected to travel to Washington before the deadline, although discussions may now focus on a broader agreement rather than a rushed interim deal, a second Indian government source said. Prime Minister Narendra Modi is trying to position India as a key U.S. partner, seeking to attract U.S. firms like Apple , diversifying supply chains away from China. But trade talks have struggled to make headway. "We are keen, but not desperate to sign a deal before the July 9 deadline," the first source said, adding that India has offered tariff cuts on almonds, pistachios, walnuts, and was willing to extend preferential treatment for American imports in sectors like energy, autos and defence. "There hasn't been much progress despite several rounds of talks," the second source said. Still, the sources did not rule out a last-minute breakthrough if Modi and Trump choose to intervene directly. LONG TERM PARTNERSHIP Despite the impasse, Indian officials stress long-term commitment to the U.S. as a trusted economic partner, while maintaining policy independence. Modi and Trump agreed in February to conclude the first phase of a bilateral trade agreement by autumn 2025 and to expand trade to $500 billion by 2030, from about $191 billion in 2024. India is also advancing talks with the European Union for a free trade pact later this year, and recently concluded talks for a FTA with the United Kingdom - moves aimed at hedging against potential U.S. policy shifts under Trump. "The ball is now in the US court. India is not for any win-lose trade partnership," said Ram Singh, head of the Indian Institute of Foreign Trade, a government funded think-tank. Even in a worst-case scenario, a third official said, India could absorb the impact of reciprocal tariffs, citing its continued tariff advantage over competitors like Vietnam and China. India's exports to the U.S. rose to $17.25 billion in April-May, up from $14.17 billion a year earlier, suggesting the U.S. tariff hikes averaging 10% in early April had a limited impact. (Reporting by Manoj Kumar; Editing by Raju Gopalakrishnan)
Times of Oman
25-05-2025
- Politics
- Times of Oman
Members of all-party delegation led by Congress MP Tharoor pay tribute at 9/11 Memorial
New York City: Members of the all-party delegation led by Congress MP Shashi Tharoor paid their respects at the 9/11 memorial after their arrival in the US on Saturday (US local time). Congress MP Shashi Tharoor paid his respects at the memorial along with MP Ganti Harish Madhur, MP Shashank Mani Tripathi, MP Bhubaneswar Kalita, MP Milind Deora and former Ambassador Taranjit Singh Sandhu. They were accompanied by India's Ambassador to the US, Vinay Mohan Kwatra. The members paid tributes by offering white roses at the Memorial and folding their hands in obeisance. As per its official website, the 9/11 Memorial is a tribute of remembrance, honouring the 2,977 people killed in the terror attacks of September 11, 2001 at the World Trade Center site, near Shanksville, Pennsylvania, and at the Pentagon, as well as the six people killed in the World Trade Center bombing on February 26, 1993. As per the website, the Memorial is located on eight acres of the 16-acre World Trade Center complex, the 9/11 Memorial is a place of remembrance and contemplation within the bustle of lower Manhattan. The delegation, which is presently in the United States, will also visit Guyana, Panama, Brazil, and Colombia will be led by Congress' Shashi Tharoor. The delegation comprises of Shambhavi Chaudhary (Lok Janshakti Party), Sarfaraz Ahmed (Jharkhand Mukti Morcha), G M Harish Balayagi (Telugu Desam Party), Shashank Mani Tripathi, Tejaswi Surya, Bhubaneswar K Lata (all from BJP), Mallikarjun Devda (Shiv Sena) and Former Indian Ambassador to the US,Taranjit Singh Sandhu. The all-party delegation will project India's national consensus and firm stance on combating terrorism in all its forms. They will carry India's strong message of zero tolerance against terrorism to the global community during their outreach. A total of 7 groups consisting of 8-9 members from various political parties have been selected by India to represent its stance of zero tolerance against terror and brief the representatives of other countries on Operation Sindoor. Operation Sindoor was launched on May 7 as a decisive military response to the April 22 Pahalgam terror attack in which 26 people were killed. Indian Armed Forces targeted terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, leading to the death of over 100 terrorists affiliated with terror outfits like the Jaish-e-Mohammed, Lashkar-e-Taiba and Hizbul Mujahideen. After the operation, Pakistan retaliated with cross-border shelling across the Line of Control and Jammu and Kashmir as well as attempted drone attacks along the border regions, following which India launched a coordinated attack and damaged radar infrastructure, communication centres and airfields across 11 airbases in Pakistan. On May 10, an understanding of the cessation of hostilities between the countries was announced.
