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Trade agreements, new markets contribute to robust export growth in 2024

Trade agreements, new markets contribute to robust export growth in 2024

Thu, Dec 26, 2024

India has bilateral trade agreements, including Trade in Services, with Singapore, South Korea, Japan, Malaysia, Mauritius, UAE, Australia and an FTA in services and investment with the Association of South East Asian Nations (ASEAN). The India- EFTA Trade and Economic Partnership Agreement (TEPA) was signed in March 2024.

Bilateral investment treaty and FTAs are two separate pacts; should continue to remain so: Sources

Bilateral investment treaty and FTAs are two separate pacts; should continue to remain so: Sources

Sun, Dec 22, 2024

Demands of certain developed countries from India to negotiate 'investment protection' elements under an FTA is inappropriate as negotiating the matter as part of a separate chapter under the trade pact could have larger and detrimental implications, source said.

Next round of India-Korea FTA review meeting from July 17 in Seoul

Next round of India-Korea FTA review meeting from July 17 in Seoul

Sun, Jul 14, 2024

India has sought greater market access for certain products like steel, rice, and shrimp from South Korea to boost exports of these goods. India has flagged issues over Korean firms not buying Indian steel.

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No proposal made to Maldives for FTA: India

No proposal made to Maldives for FTA: India

Thu, May 30, 2024

"If the Government of Maldives expresses interest in having an FTA with India, we will give it due consideration," he said. Jaiswal's comments came in response to a question at his weekly media briefing.

India's mineral diplomacy vs China's contentious Tibet mining: A comparative analysis

India's mineral diplomacy vs China's contentious Tibet mining: A comparative analysis

Fri, May 17, 2024

India is particularly focused on mining lithium and copper in Chile, with negotiations underway for a Free Trade Agreement (FTA).

Government closely monitors rice situation in domestic, and international markets on weekly basis

Government closely monitors rice situation in domestic, and international markets on weekly basis

Wed, Dec 20, 2023

Rice export from India was 22.24 million tonne in 2022, which accounts for 40.63 per cent of the world's rice exports.

FTA with Britain, EU will be a game changer for domestic industry: AEPC

FTA with Britain, EU will be a game changer for domestic industry: AEPC

Sat, Dec 09, 2023

Apparel Export Promotion Council (AEPC) Chairman Naren Goenka said that trade pacts with the UAE, Australia and Japan are providing market access for the sector.

India's bilateral FTA with Singapore and as part of Asean needs to be studied together: GTRI

India's bilateral FTA with Singapore and as part of Asean needs to be studied together: GTRI

Sun, Nov 26, 2023

Singapore is a member of 10-nation Asean bloc with which India has a free trade agreement in goods since 2010. Separately, India also implemented a comprehensive free trade agreement (FTA) with Singapore in 2005.

New FTAs, lower cost of power and logistics to help boost exports, reports PHDCCI

New FTAs, lower cost of power and logistics to help boost exports, reports PHDCCI

Thu, Nov 23, 2023

The PHDCCI's report also recommended schemes for 75 potential export products including marine items, iron ore, some chemicals, pharma, cotton, aluminium, and tankers to promote shipments.

Exclusive: India may liberalize foreign investment in non-services sector through ‘pre-establishment’ protection

Exclusive: India may liberalize foreign investment in non-services sector through ‘pre-establishment’ protection

Sat, Sep 09, 2023

This is a major turnaround from India’s stand since 2015 when New Delhi decided to shun ‘pre-establishment’ obligations to investments in the non-services sector as it risked limiting the country’s policy space, and it revised the Model Bilateral Investment Treaty (BIT) to allow treaty protection to investments only after the ventures were established.

FTA talks: Investment treaty to figure prominently during UK's high-level team visit to India this week

FTA talks: Investment treaty to figure prominently during UK's high-level team visit to India this week

Sun, Aug 20, 2023

India has proposed to first utilise all local judicial remedies for settlement of disputes before initiating an international arbitration.

Piyush Goyal says India, US ‘thinking big’ over their trade relationship, rules out FTA

Piyush Goyal says India, US ‘thinking big’ over their trade relationship, rules out FTA

Sun, Feb 12, 2023

India-US Trade Deal: The previous Trump administration has revoked the Generalized System of Preferences (GSP) from India. The GSP allows eligible developing countries to export duty-free goods to the US.

Free Trade Agreement: Series of steps underway to promote India-UAE trade pact to boost exports, says official

Free Trade Agreement: Series of steps underway to promote India-UAE trade pact to boost exports, says official

Sat, Nov 26, 2022

India's exports to the UAE rose by 12.5 per cent to USD 12.67 billion in June-October 2022. Imports during the period have increased by 21 per cent to USD 22.2 billion, Joint Secretary in the department, Srikar Reddy, told.

India looking at greater market access for pharma products in UK under proposed FTA: Official

India looking at greater market access for pharma products in UK under proposed FTA: Official

Sat, Nov 05, 2022

The official also said that a leaked chapter of the agreement, which is floated on some portals, on intellectual property (IP) is edited, distorted, and is a manipulated version of an initial document of the UK.

India-UK free trade agreement may miss Diwali deadline over data: Report

India-UK free trade agreement may miss Diwali deadline over data: Report

Sun, Oct 09, 2022

India-UK FTA talks: Data localisation and UK companies being allowed to bid for Indian government contracts are among the issues causing a possible deadlock in the final stages of the India-UK free trade agreement (FTA) negotiations towards a Diwali draft completion deadline

Exclusive: Govt plans to cut down import duty on liquor products from 150% to 30% under FTA; Anil Singhvi explains how it helps India, UK | Details

Exclusive: Govt plans to cut down import duty on liquor products from 150% to 30% under FTA; Anil Singhvi explains how it helps India, UK | Details

Tue, Sep 27, 2022

The free trade agreement (FTA) talks between India and the UK are all set to be finalised before Diwali, sources told Zee Business.

New trade policy on the cards to boost exports; likely to be announced this month

New trade policy on the cards to boost exports; likely to be announced this month

Mon, Sep 05, 2022

The new Foreign Trade Policy will come on 30 September and the policy has been designed with the next five year in view. The policy will lay down a road map of the ‘Amritkaal’. The policy will give a boost to Indian exports. Here are some top things to know about the policy

India-UK FTA negotiations formally launched - See all you need to know

India-UK FTA negotiations formally launched - See all you need to know

Thu, Jan 13, 2022

On Thursday, India and the UK formally launched negotiations for the proposed free trade agreement (FTA), which is expected to help double bilateral trade by 2030 and boost economic ties between the two countries.

India-UK trade: FTA talks between two countries by November 2021; negations to pave way for 'extra-ordinary business opportunities', new jobs

India-UK trade: FTA talks between two countries by November 2021; negations to pave way for 'extra-ordinary business opportunities', new jobs

Tue, Sep 14, 2021

India and UK are aiming to launching the negotiations on FTA by November 2021. As per the information, proposed FTA between India and UK is expected to unlock extra ordinary business opportunities and generate jobs.

No inherent objection to free trade agreement with India: US

No inherent objection to free trade agreement with India: US

Wed, Apr 26, 2017

US Commerce Secretary Wilbur Ross today said there has been no serious discussions on India-US free trade agreement though the Trump administration has no inherent objection over the pact.

Why foreign tourists kept pouring in despite cash crunch?

Why foreign tourists kept pouring in despite cash crunch?

Wed, Mar 29, 2017

Even though sudden demonetisation drive announced by Prime Minister Narendra Modi on November 8, 2016 was expected to hit tourism sector hard, it hasn't been the case. In November foreign tourist arrivals (FTAs) amounted to 8.9 lakh compared to 8.1 lakh the previous year.

Britain's exit from EU a 'positive' for India: Sunil Mittal

Britain's exit from EU a 'positive' for India: Sunil Mittal

Mon, Nov 07, 2016

Emphasising that free movement of people will continue to be on the industry's agenda, Mittal downplayed the concerns on the recent changes in the UK visa policy pertaining to Tier 2 intra-company transfer (ICT).

Theresa May, in India, says UK to be free trade advocate

Theresa May, in India, says UK to be free trade advocate

Mon, Nov 07, 2016

"We want Britain to be the most committed and passionate advocate of free trade in the world," May told an India-UK Tech Summit in New Delhi at the start of a visit to India.

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