India-New Zealand Sign FTA in Record 9 Months, Implementation Set for 2026

India-Canada CEPA Talks Fast-Tracked; $50 Bn Trade Target by 2030, PM Modi Visit in Dec 2026

India and Canada are accelerating efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) ahead of PM Modi's proposed visit to Canada in December 2026. Both sides aim to expand bilateral trade to $50 billion by 2030 and have launched a strategy focusing on nuclear energy, critical minerals, clean energy, and allied sectors. This marks a major reset in ties after the 2023 diplomatic row.

New Zealand Parliament Passes India FTA: 57% Exports Duty-Free from Day One, $20B Investment

New Zealand’s parliament has passed the India-NZ FTA, eliminating tariffs on 95% of NZ exports. 57% become duty-free immediately. Kiwifruit exporters save $125 million over 5 years. NZ pledges $20 billion investment in India. Both countries aim to double bilateral trade by 2030. This is a major trade agreement with strong exam-relevant data.

Piyush Goyal Leads 200-Member Delegation to Japan; Focus on Semiconductors, AI & Clean Energy

Union Minister Piyush Goyal leads a 200-member delegation to Japan on a 4-day visit to boost bilateral trade, attract investments, and forge partnerships in semiconductors, AI, clean energy, and more. This visit coincides with the 50th India-Japan Business Cooperation Committee meeting and the 75th year of diplomatic relations, signaling deepening strategic ties.

India, New Zealand Sign FTA: Key Tariff Cuts on Dairy, Pharma & Trade Pact Details

India and New Zealand have signed a Free Trade Agreement (FTA) aimed at boosting bilateral trade. This editorial analyzes the strategic timing, sectoral impacts (dairy, pharma, services), and the geopolitical context of the deal, which is crucial for understanding India's evolving trade policy and its implications for domestic industries.

BRICS New Delhi Declaration: India's Dilemma on Local Currency Trade vs. Strategic Autonomy

The BRICS New Delhi Declaration highlights India's cautious approach to local currency trade, balancing export advantages from a depreciating rupee against the risk of yuan dominance and US tariff threats. India supports local currency trade but opposes a common BRICS currency due to China's likely control.

US President Trump Backs India-Middle East-Europe Economic Corridor (IMEEC) Against Iranian Threats

US President Donald Trump has announced strong US support for the India-Middle East-Europe Economic Corridor (IMEEC), linking it to the need to shift West Asian energy infrastructure away from Iranian checkpoints after Iran's attacks on commercial shipping. This is a major geostrategic endorsement for a key G20-launched connectivity initiative that directly challenges Iranian influence in the region.

India-China Bilateral Trade Reaches $125 Bn (22.6% YoY) Post Xi-Modi Meet; BRICS AI Plan

The September 12, 2026 Xi-Modi meeting in New Delhi signals a diplomatic thaw in India-China relations. Bilateral trade surged to $125 billion (Jan-Aug 2026) with Indian exports up 41%. China also proposed a BRICS AI open-source initiative, offering rich fodder for UPSC topics on IR, economy, and technology governance.

US-Iran Hold First Shuttle Talks in Months; Brent Crude Below $100 Amid West Asia War

The US and Iran held their first shuttle talks in months via a Qatari mediator on the sidelines of the UN General Assembly, raising hopes for progress in ending the West Asia war (Operation Epic Fury). The diplomatic opening helped keep oil prices near two-week lows with Brent crude holding below the $100-a-barrel threshold.