India is also seeking the removal of the additional 25 per cent tariff on Russian oil, stressing that the country should not be singled out. External Affairs Minister S. Jaishankar raised concerns over “double standards” in access to energy and food supplies during the G20 Foreign Ministers’ meeting.

Jaishankar met US Secretary of State Marco Rubio in New York, emphasizing sustained engagement on trade and priority areas. Commerce and Industry Minister Piyush Goyal and US Trade Representative Jamieson Greer also participated in the discussions, which focused on trade, tariffs, and broader bilateral issues.

The Ministry of Commerce and Industry described the meetings as constructive. Rubio indicated the Trump administration may reconsider the additional Russian oil tariffs on India. MEA officials reiterated that India’s stance remains firm on energy purchases and fairness, highlighting statements urging European nations to curb Russian oil imports without imposing double standards.

The post India Pushes for Lower Tariffs in US Talks appeared first on India Podcast.

Tellis noted that the Indian government maintained open communication lines with Washington. Trade and energy issues were being addressed through respectful dialogue. He expressed hope that early results of these efforts would be seen in the coming weeks, reflecting India’s responsible diplomacy.

He also remarked that India’s offers on trade and energy should be considered a “win” for US President Donald Trump. Tellis advised that the administration should graciously accept these concessions, which he described as unprecedented efforts from India.

Recent negotiations include Commerce Minister Piyush Goyal meeting US Trade Representative Jamieson Greer in New York. Talks focused on resolving key trade points. US Energy Secretary Chris Wright praised India as an “awesome ally” and emphasized collaboration in energy, nuclear power, and renewable start-ups. Both nations aim to strengthen cooperation in trade and energy.

The post Ashley Tellis Praises India’s Approach to US Tensions appeared first on India Podcast.

Goyal met Italy’s Deputy Prime Minister Antonio Tajani to explore ways to enhance trade and investment ties. He also discussed India’s sustainable development agenda with World Bank President Ajay Banga. Investment opportunities in India’s robust economy were shared with senior executives of global firms.

At a high-level energy session, Goyal highlighted the potential to expand India-US energy trade and collaboration in nuclear power. He emphasized start-ups in renewable energy and India’s integrated national grid ensuring uninterrupted supply. Goyal reaffirmed India’s leadership in solar energy and the International Solar Alliance.

US Energy Secretary Chris Wright praised India as an “awesome ally” with rapidly growing energy demand. Goyal met US Trade Representative Jamieson Greer to negotiate the first tranche of a trade agreement, with both sides optimistic about reaching an interim understanding soon.

The post Piyush Goyal Strengthens India-US Trade and Energy Ties appeared first on India Podcast.

The Department for Promotion of Industry and Internal Trade (DPIIT) and the Department of Commerce, in collaboration with the Centre for Trade and Investment Law (CTIL), hosted a seminar titled “Demystifying the IPR Chapter in the India–UK CETA.” Policymakers, experts, academics, and industry representatives explored opportunities and challenges in the Intellectual Property Rights (IPR) chapter.

Experts clarified that the IPR chapter supports innovation without limiting India’s policy space. It aligns with India’s legal framework and developmental priorities while modernising IP protections. Participants noted that voluntary licensing remains preferred, and flexibilities for public health, including compulsory licensing, remain intact under the Doha Declaration.

Geographical Indications (GIs) were highlighted as a key opportunity to protect Indian products in the UK market. Officials said the IPR chapter sets a benchmark for future trade agreements, combining regulatory rigor with flexibility. It aims to boost exports, strengthen India’s cultural branding, and enhance its global trade position.

The post India Upholds Strong IP Regime in UK Trade Talks appeared first on India Podcast.

Semiconductors led the export surge, rising 27 percent to $9.49 billion and accounting for nearly 24 percent of total exports. Automobile shipments advanced 14.9 percent to $3.42 billion, while vessels exports soared 46.1 percent to $1.51 billion. Steel exports increased 7.1 percent to $2.53 billion, but chemical product shipments declined 4.5 percent to $2.68 billion.

Exports to China, South Korea’s largest trading partner, grew 1.6 percent to $7.77 billion. Shipments to the U.S. rose 6.1 percent to $6.55 billion, but the daily average fell 16.4 percent amid new U.S. tariffs. In July, Seoul and Washington agreed to lower reciprocal tariffs on Korean goods to 15 percent in exchange for a $350 billion Korean investment commitment in the U.S.

August exports rose 1.3 percent year-on-year to $58.4 billion, driven by strong semiconductor demand. Analysts expect trade performance to remain a key growth driver, despite ongoing tariff pressures and global uncertainties.

The post South Korea’s September Exports Rise Amid US Tariff Impact appeared first on India Podcast.