A group of members within the World Trade Organization has agreed to move forward with the world’s first baseline rules on digital trade, bypassing long-standing procedural hurdles that have stalled adoption at the global level.

India and the United States have released a framework for an interim trade agreement aimed at lowering tariffs on Indian goods, a move that has drawn criticism from India’s opposition parties, who say it favors Washington.

New Delhi and Washington are nearing completion of a long-pending trade agreement that would reduce US tariffs on Indian imports to around 15–16% from the current 50%, according to three sources familiar with the discussions.

UK Prime Minister Keir Starmer on Wednesday said major opportunities were opening up in India as he began his first visit to the country to promote a trade deal signed earlier this year.

After months of negotiations, Prime Minister Mark Carney’s top lieutenant left Washington on Friday without a deal, but remained confident that Canada’s trade pact with the U.S. and Mexico would mitigate the impact of Donald Trump’s escalating tariffs.

On Monday, India and the United States reaffirmed their commitment to the "early conclusion" of a bilateral trade agreement, amid ongoing global trade tensions following the US's recent tariff announcements.

Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada on Sunday as it seeks to deepen ties in the region and build its global trade links after leaving the European Union, News.Az reports citing the Reuters..