Indian Rubber Gloves Manufacturers Association demands ban on import of chlorinated gloves

IRGMA requested banning chlorinated gloves due to bio-waste violations and urged using BIS approved gloves via GEM. The Malaysian Rubber Council noted health risks. CPCB and West Bengal Pollution Boards support bans. CDSCO Gazette from Oct 2, 2022, prohibits powdered Nitrile gloves. Sunil Patwari and Konda Anindith Reddy from Wadi Surgicals emphasized risks from chlorinated […]

Commerce and Industry Minister Piyush Goyal, at the G7 trade ministers meeting in Italy, discussed India’s FTAs with the EU and UK and the India-Middle East-Europe Economic Corridor. Talks with Valdis Dombrovskis focused on India-EU trade and FTA negotiations, while discussions with Jonathan Reynolds covered deepening India-UK economic ties and resolving FTA issues before elections. […]

The EU’s CBAM taxes 25% on India’s energy-intensive exports, impacting 0.05% of GDP, per CSE. Targeted goods: iron, steel, cement, fertilizers, aluminum. Exports to the EU made up 9.91% (2022-23). 26% aluminum, 28% iron, steel were EU-bound. CBAM-covered goods formed one-fourth of global exports. No hydrogen, electricity exported. Debates occur at UN climate conferences.

Fisher organisations from multiple countries express concerns about unfair restrictions on small-scale fishers in developing countries in ongoing WTO negotiations on fisheries subsidies. They advocate for moving the negotiations to the Food and Agriculture Organization for better treatment and sustainable management of marine resources.

The commerce ministry plans to establish a center for negotiations to enhance skills in areas like free trade agreements and business deals, Commerce Secretary Sunil Barthwal announced on Tuesday. Speaking at the Indian Institute of Foreign Trade (IIFT), Barthwal emphasized the importance of negotiation skills and indicated that the center will also develop these skills […]

During his visit to Switzerland, Commerce and Industry Minister Piyush Goyal met Swiss Federal Councillor Guy Parmelin to discuss enhancing trade and investment ties under the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA). They emphasized the importance of a focused approach to achieve the $100 billion investment target and the creation […]

Commerce Secretary Sunil Barthwal aims to boost India’s e-commerce exports from $5 billion to $50-100 billion by September to catch up with China’s $300 billion. Hubs near airports and ports will support small producers with warehousing, customs, and returns processing. Involving DGFT, RBI, and ministries, the project targets $1 trillion in exports, focusing on ODOP […]

The Global Trade Research Initiative (GTRI) has raised concerns over UAE’s precious metals imports to India under the CEPA, urging an investigation due to negative impacts on domestic industries and potential revenue loss. GTRI highlighted issues of tariff arbitrage, money laundering possibilities, and the need for a review of the agreement.

India and the Eurasian Economic Union (EEU) are finalizing broad contours and terms of reference for a proposed free trade agreement. The five EEU members are Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. Chief negotiators have met and broad contours are being finalized. The scope and terms of reference are under stakeholder consultation in India and […]