Fast track action to remove non-tariff barriers key to realise trillion-dollar merchandise export goal: GTRI report

It asked for upgrading domestic systems, in cases where Indian products are rejected due to quality issues; and retaliating if unreasonable standards or rules continue to obstruct exports from New Delhi. “Many of India’s exports suffer due to time taking prior registration requirements and unreasonable domestic standards/rules in many countries. India must talk to partner […]

There is a “huge” progress in the talks between India and the UK on the proposed Free Trade Agreement (FTA) and New Delhi is looking to resolve the pending issues during high level meetings scheduled this month between the two countries, a top official said on Monday. The 12th round of talks between the countries […]

India is considering Free Trade Agreements (FTAs) to ensure the smooth supply of critical minerals. Commerce Secretary Sunil Barthwal stated that India is negotiating with Australia for critical mineral supplies for batteries used in electric vehicles.

Outlining the progress India has made in free trade agreements, Barthwal pointed out that a lot of countries were approaching India to sign FTAs, and the country would also consider its strategic needs before signing these agreements.

Higher imports by India, the world’s biggest buyer of vegetable oils, would help top producers Malaysia and Indonesia bring down stocks and support Malaysian prices.

There is no proposal at present to impose import restrictions on more electronic goods. The government decided to impose import curbs on laptops, personal computers and certain more electronic devices from November 1 on security grounds to reduce imports from nations like China and boost domestic manufacturing.

The portal for which European Union has raised data privacy concerns has details of MSMEs of every G20 member including the sectors and products they deal with. Some G20 members have also had apprehensions with the digitisation goal, which involves transparency provisions.

India received nearly 700 applications from bidders with which it shares land borders for public procurement contracts as of June 30, with 110 pending for review by various ministries. In 2020, India amended public procurement norms to allow any eligible bidder from a border-sharing country to participate in procurement only if they are registered with […]

Officials said that the utilisation of the India-Australia Economic Cooperation and Trade Agreement (ECTA) is as high as 90% in around 113 products especially labour intensive items where duties were reduced to nil from 5% under the pact. “90% of the exports of these products to Australia are happening through the FTA (free trade agreement) […]

Pineapples from Meghalaya are exported to Abu Dhabi. Meghalaya has a diverse range of agro-climatic conditions which results in a variety of agricultural and horticultural products. Being grown by local communities in traditional manner, these crops are mostly naturally organic. These factors attribute towards the produce from the state slowly being recognised for their unique […]