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February 19, 2026
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Trade tariffs nullified by national economic strength - call for self-reliance and firmness in external trade relations.
India's prospective leadership of the Global South and economic self-reliance were foregrounded, asserting that strengthened national capacity will nullify the effect of external tariffs and reduce foreign leverage. The speaker urged firmness in trade relations, linked social harmony and a shared Hindu identity to national unity, advocated moving temple administration from government control to devotees, and highlighted village-level development work including education, dispute resolution, land access, and local employment.
February 18, 2026
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Sovereign energy policy: India's continued purchase of Russian hydrocarbons seen as mutually beneficial despite US claims.
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February 18, 2026
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India-EU free trade agreement accelerates strategic economic and technological cooperation, enabling enhanced talent mobility and digital collaboration.
Prime Minister Modi and Estonian President Karis affirmed that the India-EU free trade agreement will act as a catalyst for deeper economic partnership and committed to leveraging it to expand trade and investment linkages, while intensifying cooperation in AI, digitalisation, e-governance, cybersecurity, startups, skilling, talent mobility, tourism, and clean energy collaboration.
February 18, 2026
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February 18, 2026
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Agricultural innovation investment roadmap drives company expansion into exports, joint ventures and multiyear seed R&D projects.
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February 18, 2026
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February 18, 2026
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India-EU Free Trade Agreement expands economic ties and drives technology, defence and education cooperation across Europe and India.
The India EU Free Trade Agreement is presented as the principal catalyst for deeper India-Europe economic relations, expected to expand market access and commercial opportunities. Bilateral meetings with Spain and Finland focused on leveraging the FTA to strengthen economic partnership and targeted cooperation in defence, security, advanced technologies (including AI and 6G), clean energy and higher education, while India's AI Expo serves as a platform to operationalise joint technology, startup and institutional collaboration.
February 18, 2026
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February 18, 2026
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Trade tariffs reshape investment flows as US-Japan deal ties increased export levies to large bilateral investment commitments.
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February 17, 2026
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February 17, 2026
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Trade deal protections for farmers: government assures imports will be allowed only where farmer interests are safeguarded.
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February 17, 2026
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February 17, 2026
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February 17, 2026
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February 17, 2026
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February 16, 2026
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Tariffs on Indian goods and ongoing trade agreement adjustments affect export competitiveness and sectoral trade flows.
India's merchandise exports rose slightly while the trade deficit widened as imports-notably gold and silver-surged; sectoral exports were mixed and services exports increased. The piece stresses the disruptive impact of steep tariffs on labour intensive outbound shipments and notes partial tariff removals with further reductions conditioned on a trade agreement. Industry called for a dedicated MSME export policy and a Special Interest Package Scheme to address borrowing cost inconsistencies and support exporters.
February 16, 2026
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Sovereignty in trade agreements: interim India US deal alleged to compromise farmers' livelihoods and national energy security.
The interim India-US trade agreement is alleged to compromise national sovereignty by requiring India to open its agricultural market to duty free US products, remove non tariff trade barriers, and make concessions on subsidies and GM crops, thereby threatening farmer livelihoods, biodiversity and seed purity. The deal is also claimed to jeopardise energy security by obliging India to refrain from buying crude oil from Russia and permitting US monitoring and penalty threats, while raising concerns about digital autonomy and data privacy.
February 16, 2026
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Interim trade agreement: reciprocal tariff reductions and mutual duty concessions to be finalised through legal text.
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February 16, 2026
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Interim trade agreement: delegation to finalise legal text ahead of expected signing following framework agreement.
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February 16, 2026
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Trade balance worsens as imports outpace exports, prompting elevated trade deficit and revised export projections for the fiscal year.
Merchandise exports rose 0.61% to USD 36.56 billion in January while imports grew 19.2% to USD 71.24 billion, producing a January trade deficit of USD 34.68 billion; April-January exports increased 2.22% to USD 366.63 billion. The Commerce Secretary stated exports in goods and services remain on an upward trend and projected combined fiscal year exports of goods and services are likely to exceed USD 860 billion.

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Customs & Trade

Govt approves 25 lakh tons of wheat exports

February 13, 2026

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New Delhi, Feb 13 (PTI) The government on Friday allowed export of 25 lakh tonnes of wheat, along with an additional 5 lakh tonnes of wheat products and sugar each, to stabilise domestic markets and ensure remunerative returns to farmers amid a comfortable stock position.

The decision was taken after a comprehensive assessment of the current availability and price scenario, reaffirming the government's commitment to protecting farmers' interests, the Food Ministry said in a statement.

Wheat stock availability with private entities during 2025-26 stands at approximately 75 lakh tonnes, which is nearly 32 lakh tonnes higher compared to the corresponding period last year, indicating a comfortable supply position in the country, it added.

As of April 1, 2026, the total wheat availability in the central pool with Food Corporation of India (FCI) is projected at around 182 lakh tonne, ensuring that export permissions will not impact domestic food security requirements, the ministry said.

Wheat acreage in Rabi 2026 has also increased to about 334.17 lakh hectares compared to 328.04 lakh hectares last year, reflecting strong farmer confidence in wheat cultivation supported by assured MSP and procurement mechanisms, and signalling the likelihood of another robust harvest.

In view of higher stock availability, softening prices, expected higher production, and the need to prevent distress sales during peak arrivals, the government's decision will help stabilise domestic prices, improve market liquidity, ensure efficient stock rotation, and strengthen farmers' income while safeguarding national food security, the ministry said.

To facilitate sugar exports, the government has decided to allow export of an additional 5 lakh tonnes of sugar by willing sugar mills during the current sugar season 2025-26.

Earlier, the government had permitted the export of 15 lakh tonne of sugar during the current sugar season vide order dated November 14, 2025.

According to information furnished by sugar mills, only about 1.97 lakh tonnes of sugar have been exported up to January 31, 2026. In addition, approximately 2.72 lakh tonnes of sugar have been contracted for export by sugar mills as of date.

The additional export quantity of 5 lakh tonne will be made available to willing sugar mills, subject to the condition that at least 70 per cent of their allocated quantity is exported by June 30, 2026.

The export quota will be allocated on a pro-rata basis among willing sugar mills, and mills will submit their willingness within 15 days from the date of issuance of the order.

The export quota so allocated will not be swapped or exchanged with any other sugar mill, the ministry said, adding this decision is expected to facilitate higher sugar exports and help in managing surplus sugar availability in the country. PTI LUX BAL BAL

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