In its National Trade Estimate Report on Foreign Trade Barriers 2024, the US Trade Representative (USTR) said: “Since 2021, US firms have been subject to an increasing number of takedown requests for content and user accounts related to issues that appear politically motivated”.
Monitoring ICT import restrictions, rising content takedown requests since 2021: USTR
Micro enterprises’ exports grew to 6.63% in January, while small and medium enterprises’ shares decreased. Top MSME export sectors are engineering goods, gems, garments, rice, and chemicals. Various factors affect exports, including freight costs and Western world economic challenges.
India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
2 years ago
Indian Prime Minister Narendra Modi plans to prioritize finalizing free trade agreements with Britain and Oman in the first 100 days of his potential new term, as per government sources. Talks with both nations are at advanced stages, aiming to boost India’s integration into global trade.
With these new initiatives, India has seen a surprising surge in exports of precious metals, minerals, automobiles, electronics, pharmaceuticals, organic chemicals, textiles, spices and defence equipment.
According to data from the Directorate General of Shipping, Government of India, India is the third-largest provider of seafarers worldwide, following China and the Philippines. Indian seafarers constitute nearly 10% of the global maritime workforce.
Why Pakistan needs to get India to yes on trade
2 years ago
Pakistan’s potential trade resumption with India signals a significant policy shift, aiming to improve economic stability and reduce dependence on China, requiring careful diplomacy and consideration of India’s economic dominance.
India’s rice export prices increased this week due to higher duty on rice shipments, while Thailand’s demand remained low. The government imposed a 20% export duty on parboiled rice exports in August 2023 to control domestic rice prices. The customs department has demanded payment of duty differentials on rice exported in the last 18 months, […]
No change in trade policy with India: Pakistan
2 years ago
The clarification from Pakistan’s Foreign Office comes days after the new Foreign Minister Ishaq Dar said in London that Pakistan will seriously consider restoring trade ties with India that have remained suspended since August 2019.
The government has issued a new policy for the export of certain telecom and information security-related items. Under this policy, one-time bulk licenses will be granted for these items under the SCOMET category. Exporters will need to apply for a license through the online SCOMET portal and follow the prescribed format. The policy aims to […]
This is the second port divestment in recent months by the construction and infrastructural conglomerate, following the earlier sale of Dharamtar Port to JSW Infrastructure Ltd. for an enterprise value of Rs 710 crore, the company said in a statement.