India’s total exports (Merchandise and Services combined) in April 2024* is estimated to be USD 64.56 Billion, exhibiting a positive growth of 6.88 per cent over April 2023. Total imports (Merchandise and Services combined) in April 2024* is estimated to be USD 71.07 Billion, exhibiting a positive growth of 12.78 per cent over April 2023.
The 8th round of trade agreement negotiations between India and Peru is expected to take place in July this year and will focus on lowering customs duties, addressing technical barriers to trade, and introducing dispute settlement mechanisms.
Senior officials of India and the UK held negotiations last month on the outstanding issues of the proposed free trade agreement (FTA) and the work is in progress to iron out the differences. According to the commerce ministry, the Indian team visited London from April 16-19 for negotiations.
Construction of a gargantuan network of roads, highways, tunnels, bridges, airports, metros and high-speed trains is the showpiece of the Narendra Modi government. But one crucial piece of Modi's massive infrastructure upgrade remains invisible to voters.
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
While countries in Europe and Central Asia are grappling with conflict and environmental challenges, they are well positioned to pursue the sustainable transformation of agrifood systems and have already taken steps towards achieving many of the core Sustainable Development Goals (SDGs), QU Dongyu, director general, Food and Agriculture Organization of United Nations, said recently in remarks opening the 34th Session of the Regional Conference for Europe and Central Asia (ERC).