'India has navigated uncertainty very well, exports may top $870bn': Piyush Goyal
Saturday, 5 July 2025 () Commerce minister Piyush Goyal anticipates record exports, driven by FTAs, despite global uncertainties. Investment is flowing into key sectors, with a focus on value-added and labor-intensive exports. The government is reviewing FTAs with Asean and Japan, while remaining cautious on trade relations with China, aiming for fair and balanced trade.
Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm.. DNA
India will only agree to a trade deal with the US if it safeguards national interests and provides a sustainable tariff advantage, according to Commerce Minister.. IndiaTimes
India does not enter into any trade agreement based on deadlines and will accept the proposed trade deal with the US only when it is fully finalised, properly.. DNA
The EU and the Philippines have initiated a groundbreaking security and defense dialogue aimed at strengthening cooperation in the Indo-Pacific region. With growing concerns over emerging threats, including cyberattacks and foreign interference, the dialogue sets a new platform for European and Asian defense priorities. Both leaders emphasized the importance of upholding international law and regional stability without explicitly naming China. This partnership comes as the Philippines deepens its role as ASEAN chair and seeks stronger allies amid rising geopolitical tensions.
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Taiwan’s Defense Ministry detected eight PLA Navy ships operating near its waters, signaling a show of force by China. In addition, China launched satellites over central Taiwan, prompting heightened military alerts. In response, the U.S. is deploying advanced missile systems, including the NMESIS and HIMARS, to the Philippines for joint anti-ship drills in the Luzon Strait. These moves come amid rising tensions in the South China Sea, with the U.S. and its allies increasing readiness to counter China’s aggressive posture after condemnation at the ASEAN summit.
#Taiwan #China #PLANavy #SouthChinaSea #USMilitary #Philippines #MissileSystems #NMESIS #HIMARS #LuzonStrait #MilitaryDrills #USPhilippines #TaiwanDefense #ASEANSummit #MaritimeSecurity #AntiShipMissiles #USAllies #ChinaAggression #MilitaryTensions #SatelliteLaunch #DefenseNews #StrategicChokepoint #Kamadag9 #USMarines #MaritimeStrike #SeaDenial #AsiaPacific #Geopolitics #MilitaryPresence #TaiwanAlert #DefenseStrategy
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The Philippine Coast Guard has strongly refuted China’s sweeping claims over the South China Sea. Spokesperson Commodore Jay Tarriela called China’s sovereignty narrative the "greatest lie we must confront." At the ASEAN Summit, Manila denounced Beijing’s aggression, warning it poses a threat to regional peace. ASEAN leaders echoed support for peaceful resolution, freedom of navigation, and a rules-based order. As tensions rise in disputed waters, the Philippines takes a bold stand, challenging China’s growing military footprint in one of the world’s most contested maritime zones.
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Rahul Gandhi criticized PM Modi, anticipating he would yield to Trump's tariff deadline amid US trade talks. Piyush Goyal affirmed India's commitment to... IndiaTimes Also reported by •Zee News
India will only agree to a trade deal with the US if it safeguards national interests and provides a sustainable tariff advantage, according to Commerce Minister... IndiaTimes
Commerce minister Piyush Goyal anticipates record exports, driven by FTAs, despite global uncertainties. Investment is flowing into key sectors, with a focus on... IndiaTimes