Ahmedabad: Gujarat is expected to emerge as one of the major beneficiaries of the proposed India–European Union Free Trade Agreement (FTA), with significant export growth opportunities anticipated across multiple sectors. The agreement is set to provide a major boost to Gujarat’s textiles and apparel, chemicals, engineering goods, pharmaceuticals, gems and jewellery, and marine products industries. With duty reductions and easier access to 27 European Union markets, exporters from major ind...Read More

New Delhi: India on Friday sharply criticised the European Union’s new sanctions against Russia, which for the first time extend to infrastructure located in India, including an oil refinery in Gujarat. The Ministry of External Affairs (MEA) rejected the EU’s move, reiterating that India does not recognise sanctions imposed outside the framework of the United Nations. The EU’s 14th sanctions package, intended to further squeeze Russia’s revenues amid the Ukraine conflict, features stric...Read More