global trade | DD News

September 10, 2026 12:03 PM

India to work with BRICS nations to expand opportunities for women-led enterprises in global trade: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Wednesday called upon BRICS countries to work together to expand opportunities for women entrepreneurs and women-led enterprises in international trade, stressing the need for easier access to credit, markets and predictable business rules. Addressing the BRICS WBA Women-Led Development Conference in New Delhi as the Chief Guest, Goyal said an entrepreneur seeking to enter international business has to cross three key barriers — access to c...

September 10, 2026 9:18 AM

Global goods trade strengthening despite tariffs, Middle East tensions, WTO says

Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated. The September reading of the WTO's barometer tracking merchandise trade growth was 102, an improvement from the June barometer of 101.7, with growth remaining above trend. The WTO publishes its Goods Trade Barometer four times a year. It covers export order...

August 24, 2026 10:32 AM

India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush Goyal

India is in negotiations with at least 8-9 more groups of countries and individual nations that together account for another USD 15 trillion of GDP, Commerce and Industry Minister Piyush Goyal said on Monday. He added that the country's free trade agreements would eventually cover about 75 per cent of global trade and help position India as a trusted partner in global value chains. India has a large domestic market and it opens its doors to the world with nine free trade agreements signed in t...

July 24, 2026 9:37 AM

India concludes Eighth WTO Trade Policy Review, reaffirms commitment to rules-based global trade

India on Thursday successfully concluded its Eighth Trade Policy Review (TPR) at the World Trade Organization (WTO) in Geneva, reaffirming its commitment to an open, transparent and WTO-consistent trade and investment regime while highlighting the country's expanding role in the global economy. The second and final session of the review, a key WTO transparency and monitoring mechanism under which members' trade and related policies are periodically examined, witnessed active participation from ...

March 28, 2026 5:02 PM

Innovation, opportunity must be shared equitably among WTO members: Piyush Goyal

Commerce and Industry Minister Piyush Goyal emphasised that WTO discussions must address the asymmetries stemming from the Uruguay Round, underlining the need for all members to have a fair opportunity to build productive capacity, create employment, and participate meaningfully in global trade. The minister said that the multilateral trading system must ensure that innovation, development, and opportunity are shared equitably among members. He also reaffirmed India’s commitment to engage con...

March 17, 2026 4:42 PM

India entering new phase in global trade, says Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Tuesday said India’s economic fundamentals remain strong and the country is entering a new phase in global trade that could expand its international footprint. Speaking in the Lok Sabha, Goyal said services exports continue to grow steadily, while merchandise exports have remained stable so far. “While services exports continue to grow every month, merchandise exports have remained flat till February, which means they have not declined,�...

January 29, 2026 3:58 PM

India rising steadily as key player in global trade, says Eco Survey

India’s steady rise as a key player in global trade is evident in its increasing share of both global merchandise exports and commercial services exports, said the Economic Survey 2025-26 released on Thursday. According to the WTO’s World Trade Statistics, between 2005 and 2024, India’s share of global merchandise exports has nearly doubled, rising from 1 per cent to 1.8 per cent. Similarly, its share in global commercial services exports has more than doubled, rising from 2 per cent to ...

October 22, 2025 10:47 PM

India stresses inclusive, sustainable growth at UNCTAD conference in Geneva

Union Minister of Commerce and Industry, Piyush Goyal, led India’s delegation at the XVIth Session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva, underlining the nation’s growing economic stature and commitment to sustainable, inclusive development. Addressing the conference, Goyal highlighted India’s transformation into one of the top five global economies, maintaining an average annual growth of over seven per cent over the past three years. He noted that ...

September 30, 2025 6:34 PM

South Korea’s Lee, outgoing Japan PM Ishiba hold talks on global trade, North Korea

The leaders of South Korea and Japan agreed on Tuesday to work together to tackle global trade turmoil while reaffirming their commitment to denuclearisation on the Korean peninsula, a South Korean presidential spokesperson said. President Lee Jae Myung hosted Japan's outgoing Prime Minister Shigeru Ishiba on a goodwill visit to highlight the neighbours' commitment to improve once-frosty ties and cooperate more closely on trade. "The two leaders shared the view that ... Korea and Japan, as nei...

September 10, 2025 3:17 PM

India’s economy shows resilience amid global trade uncertainty: report

India’s economy has shown resilience in the face of global trade disruptions and fiscal challenges, supported by strong domestic consumption and government spending, according to a report by SBI Capital Markets. The report noted that while aggressive tariff regimes, particularly by the United States, have emerged as a global concern, India remained relatively insulated in the first quarter, recording GDP growth of 7.8 per cent. It added that ongoing reforms, including the simplified GST stru...