With the FTA negotiations gaining momentum, the visit aims to further propel the discussions and pave the way for a comprehensive and mutually beneficial agreement that would drive economic growth and strengthen ties between the two countries.
Commerce secretary Sunil Barthwal visiting UK for FTA talks
Finance Minister Nirmala Sitharaman and Canadian Deputy Prime Minister Chrystia Freeland on Sunday discussed the progress being made on ongoing bilateral trade negotiations. The two ministers met on the sidelines of the 3rd Finance Ministers and central bank governors meeting in Gandhinagar, Gujarat.
India and Indonesia have launched an economic and financial dialogue aimed at enhancing bilateral trade and investment, infrastructure development, and financial services. Both countries will discuss issues of common interest to enhance their relationship, including cooperation in digital technology, payment systems, and using more local currencies.
The directorate general of foreign trade (DGFT), had on Wednesday, notified that the import policy for unstudded jewellery made of gold, and other articles made of gold was amended to “restricted” from “free” except imports under the India-UAE free trade agreement.
More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinational corporations. The rules are widely considered outdated as digital giants like Apple or Amazon can book profits in low-tax countries.
Energy, food security, and defence could very well be the focus areas when Prime Minister Narendra Modi touches down in Abu Dhabi for a day-long visit to the UAE on Saturday during which the two strategic partners will review the progress after they inked a landmark trade agreement. However, in the larger scheme of things, […]
India’s edible oil imports increased by 39.31% YoY in June 2022 to reach 13.11 lakh tonnes due to higher demand, according to Solvent Extractors’ Association of India (SEA). The overall imports of vegetable oils, including both edible and non-edible varieties, grew by 49%, with non-edible oils making up 2,900 tonnes of the total. Despite a […]
India and the UK are addressing differences over intellectual property rights and rules of origin in their ongoing negotiations for a free trade agreement. The countries have closed 14 of the agreement’s 26 chapters, with issues surrounding environment, labour, and digital trade occurring in five remaining chapters.
India’s commerce and industry ministry is expected to seek approval to ratify an agreement aimed at strengthening supply chains in the Indo-Pacific region. The draft, now out for consultation, proposes an IPEF Labour Rights Advisory Board to help address supply chain labour rights inconsistencies.
A day after food inflation surged, India is considering banning exports of most rice varieties, news agency Bloomberg reported on Thursday. This move by India, the world’s biggest rice shipper, may send already lofty global prices of the food staple higher as the disruptive El Niño weather pattern returns.