Overall, the EU is aiming to deepen ties with India and working to that end with negotiations on three ambitious agreements: a Free Trade Agreement, an Investment Protection Agreement and a Geographical Indications Agreement. Closer EU-India cooperation is symbolised through the parallel engagement in the Trade and Technology Council, according to a readout by EU.
EU top trade official travel to India for G20 meet & FTA talks
The move is part of the Reserve Bank of India’s broader aim of promoting settlement in local currencies with countries with which India has a trade deficit, with the knock-on effect of boosting the rupee’s global reach, three banking sources said.
Elsewhere in Asia, the contest is about semiconductors, the high-value heart of communication, transportation, artificial intelligence, and a lot else besides. From Thailand to Singapore and Malaysia, several countries are now in the fray to shift the locus of front-end chip manufacturing from East to Southeast and South Asia. India is trying tostep on that […]
India has asked for the review of the agreement with an aim to eliminate barriers and misuse of the ASEAN India Trade in Goods Agreement, which came into effect on January 1, 2010. Members of the Asean include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
FTA talks: Investment treaty to figure prominently during UK’s high-level team visit to India this week
3 years ago
Discussions on the proposed bilateral investment treaty and free trade agreement between India and the UK will be a focus during a visit by UK Secretary of State for Business and Trade Kemi Badenoch and Director General for Trade Negotiations Amanda Brooks. The pair will hold talks with Commerce and Industry Minister Piyush Goyal and […]
The investment comes after Deloitte quit as auditor for Adani Ports, in the first such move after U.S. short-seller Hindenburg Research’s critical report on the Adani group that was published in January.
At the 19th Maritime States Development Council meeting in Kevadia, Sonowal unveiled a vision for India’s maritime sector, outlining key initiatives that promise a transformative impact.
India has identified five priority issues—growth and prosperity, resilient global value chains, MSMEs, logistics, and World Trade Organization (WTO) reform—under its G20 presidency from December 1, 2022 to November 30, 2023.
The Finance Ministry through a notification imposed a 40 per cent export duty on onions till December 31, 2023. The export duty comes amid reports that onion prices are likely to rise in September.
US-based trade bodies, including Apple, Google, Lenovo, Dell and HP among others, have urged the US to push India to retract its IT import restrictions, and to hold a formal consultation with industry stakeholders. The Indian government has placed laptops, tablets and other electronics under the restricted category, meaning companies will need additional licences to […]