Trying to crack toughest knots in FTA talks: UK envoy Alex Ellis

India and the UK launched the talks for FTA in January 2022, with an aim to conclude talks by Diwali last year, but the deadline was missed due to political developments in the UK. There are 26 chapters in the agreement, which include goods, services, investments and intellectual property rights.

Manufacturer and merchant exporters exporting specified 410 products will get 2% subsidy and all the MSME exporters will get 3%. Availability of pre and post shipment packing credit at competitive rates is important for the exports sector in order to compete internationally.

AEPC has created an in-house Market Intelligence Cell to keep the track of trends in import demands forecasted for 2030 and the efforts have been taken at various fronts to hand-hold the industry. He added that so far the exports have been primarily concentrated to the EU and the US, AEPC has been taking various […]

“Korea and Japan are live examples of what Aatmanirbhar Bharat should look like. Despite getting cheaper raw materials from other parts of the world, first they use up entire domestic availability of materials. They support each other and ensure that the industry doesn’t die,” Goyal, who is also textiles minister, said.

Though exports of non-basmati white rice were banned on July 20 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs and on request.

Setting quota for shipment of sugar doesn’t make it a ‘restricted’ category to claim benefits under the export-promotion scheme, rules Gujarat High Court

“After the pandemic, India is being seen as a long-term partner in manufacturing and an appealing investment destination for global corporations. It is one of the few economies that offers a combination of scale and multi-decade growth, driven by growing domestic consumption and infrastructure spends. So the opportunity for overseas businesses for strategic cooperation with […]

As stipulated in the decree, the Investment Promotion Council will have the power to make binding decisions on both central and local government bodies and entities in the quasi-public sector.

The Chamber aims to prioritize Italy as a strategic country for Indian companies, following the recent consolidation of diplomatic ties between the Indian and Italian governments after visits of Italian Prime Minister Giorgia Meloni to India, an ICC statement said.

The VIII International Conference on Antimonopoly Policy at Moscow’s Skolkovo Innovation Center focused on enforcing competition laws in the pharmaceutical market. Representatives from Indian antitrust authorities expressed intent to support competition laws enforcement in information disclosure and patent regulation against global pharmaceutical monopolies.