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TRADE FACILITATION SYSTEM
BRICS 2026: PM Modi wants bloc to look beyond its borders and serve wider Global SouthPrime Minister Narendra Modi said BRICS should promote inclusive global growth, with solutions developed by the bloc made accessible to the...- India to set up central processing department for faceless trade facilitationA central processing department will be established within the Directorate General of Foreign Trade. This new unit aims to implement a face...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- India gets 6.94 lakh tonnes of steel quota annually for exports under India-EU free trade pactIndia will receive substantial tariff-rate quotas for steel exports to the European Union. These quotas total 1.64 million tonnes annually,...
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
- BRICS for immediate restoration of fully functioning WTO dispute settlement systemBRICS leaders strongly advocate for restoring the WTO dispute settlement mechanism. They committed to strengthening the organization throug...
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
- At BRICS, PM Modi calls for replacing 'pyramid of privilege' with 'platform of partnership'Prime Minister Narendra Modi urged the Global South to become rule shapers in global governance. He advocated for transforming the existing...
- BRICS 2026: PM Modi sits down with Putin, talks $100 bn trade by 2030; Plan to deepen defence, energy, nuclear tiesIndia and Russia agreed to expand industrial collaboration across manufacturing and critical minerals. They aim to reach a $100 billion bil...
- Piyush Goyal urges BRICS to link payment systems, trade in local currenciesIndia's Commerce Minister urged BRICS nations to link payment systems and trade in local currencies. He also called for simplified regulati...
- India urges BRICS to link payment systems, encourage local currency tradeCommerce and Industry Minister Piyush Goyal urged BRICS countries to link payment systems, expand local-currency trade, open markets and si...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...
- BRICS Business Forum 2026: Jaishankar calls for resilient supply chains, predictable business environment across BRICS countriesExternal Affairs Minister S Jaishankar urged BRICS nations for predictable business environments. He called for resilient supply chains and...
- BRICS Summit in New Delhi: The grand finale is India's moment to navigate a bigger, and more divided blocIndia hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fost...
- Beyond Los Angeles and Rotterdam: Can Durban, Rio de Janeiro drive India’s next export boom?The South-South trade has crossed $7 trillion, opening new opportunities for Indian exporters across Africa, ASEAN, the Gulf, and Latin Ame...
- India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush GoyalPiyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collater...
- Sebi revises rules for open interest violations in commodity derivativesSebi has revised commodity derivatives position limits and penalties, effective immediately. The new framework caps violation charges, stre...
- BRICS Summit 2026: Key likely outcomes as India drives a transformative global agenda in New DelhiIndia's chairship framework is organised around four primary pillars, starting with Resilience, which aims to protect institutions, societi...
- CBIC eases documentation norms under Eligible Manufacturer Importer schemeThe CBIC has simplified enrolment under the Eligible Manufacturer Importer scheme, cutting required documents from 10 to three. From Septem...
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