Aditya Rangroo
New Delhi: Union Minister for Commerce and Industry Piyush Goyal on Thursday, during a press conference at the World Trade Organization (WTO) meetings, highlighted India’s recent trade developments and ongoing international negotiations.
He announced that India will implement the Free Trade Agreement (FTA) with Oman from May 1.
Speaking about discussions with the United Kingdom, Goyal said UK officials expressed satisfaction over India achieving the fastest-ever FTA agreement.
On South Africa, Commerce Secretary Rajesh Agrawal stated that substantial groundwork had been completed and a preferential trade agreement is expected to commence soon.
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Goyal says India in ‘sweet spot’ on trade, seeks greater preferential access
April 2, 2026 4:02 pm
“Our relations are robust in technology and trade. We have secured the best deals among our competitors and are currently in a sweet spot,” said Piyush Goyal. He said India holds a strong position from an investment perspective. “We need to secure greater preferential access, as we are currently at around 10%,” he added.
India to minimise disruption amid Iran war, safeguard interests at WTO: Goyal
April 2, 2026 4:02 pm
India will ensure minimum disruption to businessmen and the common man amid the Iran war, said Piyush Goyal. He also stressed that it is important to protect India’s interests at the WTO, adding that the country has consistently stood by its principles.
War hurting global economy, but India resilient on food, energy: Piyush Goyal
April 2, 2026 3:59 pm
On the impact of the war, Piyush Goyal said that everyone has expressed concern as it is hurting the global economy, especially innocent lives. He added that India’s stand has been appreciated by all. India remains resilient on food security, with energy supplies stable and no shortage of gas. New shipments are arriving, ensuring pipeline security in the future, he said in the wake of the war.
India to hold joint session with Canada to boost trade, investment: Goyal
April 2, 2026 3:50 pm
“With Canada, we will be having a joint session to expand trade and commerce. The ministry is working to explore the prospects. We will send a business delegation to Canada and aim to bring more investments to India in the field of trade and business expansion,” said Piyush Goyal.
E-commerce pact to bring more certainty for businesses, says Goyal
April 2, 2026 3:48 pm
On the e-commerce pact, Piyush Goyal says the government will bring more certainty for businesses, adding that discussions are still ongoing with other countries.
India–South Africa preferential trade pact to begin soon: Commerce Secretary
April 2, 2026 3:46 pm
Commerce Secretary Rajesh Agrawal said substantial progress was made during the meetings at Yondee, adding that a preferential trade agreement with South Africa is expected to begin soon.
FTA with Oman to take effect from May 1; UK welcomes fastest-ever trade pact with India
April 2, 2026 3:42 pm
Commerce and Industry Minister Piyush Goyal, during a press conference at the WTO, said India will implement the Free Trade Agreement (FTA) with Oman from May 1. He also highlighted his meetings with ministers from the United Kingdom, noting that the UK has expressed satisfaction over what he described as the fastest-ever FTA agreement with India.
