India's merchandise exports surge 15% amid global challenges: Piyush Goyal

India's merchandise exports recorded growth exceeding 15 percent during the April-to-August period, according to Commerce Minister Piyush Goyal. The government has set ambitious export targets for the ongoing fiscal year as it seeks to expand trade amid global headwinds.

Goyal highlighted the significant potential within BRICS nations for broadening trade in both goods and services. Discussions have also centred on enhancing trade facilitation mechanisms and digitizing trade documentation to streamline processes.

India and Thailand have reviewed their bilateral trade agreement to strengthen economic engagement between the two nations.