New Delhi, May 8 (IANS) Commerce Secretary Rajesh Agarwal visited Switzerland to advance the implementation of the India–EFTA Trade and Economic Partnership Agreement (TEPA) and strengthen India–Switzerland trade and investment engagement, it was announced on Friday. TEPA marks a significant milestone in India’s trade engagement strategy. It is India’s first trade agreement with the EFTA...Read More

A record amount of Russian liquefied natural gas from the Yamal LNG project in Siberia reached the EU, despite its promises, now set down in law, to ban Russian fossil-fuel imports by the end of the year.  The EU received 91 cargoes from Yamal between January and April, equivalent to 98 percent of all Yamal LNG exports worth an estimated €3.8bn, according to new...Read More

ASTANA — The Organization of the Petroleum Exporting Countries and its allies, also known as OPEC+, moved to raise June output quotas on May 3 after the United Arab Emirates left the alliance amid the war in the Middle East and disruptions in the Strait of Hormuz. For Kazakhstan, the move underscores the challenge of...Read More

New derogation framework allows limited use of imported organic ingredients for value addition and re-export under strict traceability safeguards Agricultural and Processed Food Products Export Development Authority has introduced a limited derogation framework under India’s National Programme for Organic Production (NPOP), allowing select USDA-NOP-certified imported organic ingredients to be used for value addition and re-export...Read More

Global seaborne jet fuel exports continued to fall month-on-month and reached seasonal lows in April. Energy flows from the Middle East Gulf (MEG) remained constrained amid ongoing disruptions to transit through the Strait of Hormuz. Supply tightness was exacerbated by reduced jet fuel liftings from Northeast Asia (NEA) and India West Coast, as refineries in...Read More

The Full Commission of the U.S. International Trade Commission (ITC) affirmed the ITC’s initial determination from December 2025 that Innoscience infringed an Infineon patent concerning gallium nitride (GaN) technology and ordered import and sales bans against Innoscience. The ITC Commission’s final decision and the bans are subject to a 60-day review period of the US...Read More

India’s dependence on Chinese industrial goods has deepened sharply, leaving sectors such as electronics, pharmaceuticals and clean energy vulnerable to supply disruptions and geopolitical risks, according to a report released by the Global Trade Research Initiative (GTRI). The report said China now accounts for 30.8 per cent of India’s industrial goods imports despite contributing around...Read More