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Foreign Trade

Oct 17, 2019, 09.48 PM IST
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Civil society organisations question govt on RCEP’s benefits when India’s economy is slowing

The groups have asked the government as to why it was involved in e-commerce negotiations on the RCEP trade agreement when it is opposed to even engaging on the subject at the World Trade Organization.

FIEO delegation to explore business opportunities in Africa

Trade between Africa and India has increased more than eight-fold from $7.2 billion in 2001 to $62.5 billion in 2018, making it fourth-largest national trading partner, accounting for more than 6.4 percent of total African trade in 2018.

Trade talks between India, US to conclude soon: Nirmala Sitharaman

Trade tensions between India and the US have been rising with President Trump, championing his 'America First' policy, complaining that tariffs imposed by India on American products were "no longer acceptable" to his country.

USTR may visit India soon to seal limited scope deal

In the backdrop of unresolved bilateral trade issues, restoration of Generalized System of Preferences, price controls on medical devices and duty cuts, US Trade Representative Robert Lighthizer will meet Piyush Goyal for a limited scope trade deal.

Allow self assessment of developing country status, 45 nations insist

The submission to the WTO by a group of 45 nations comes amid the US working on new rules to end benefits enjoyed by developing countries at the WTO.

Vegetable oil imports fall 13% in September; Malaysian shipments drop significantly: SEA

SEA's Executive director BV Mehta attributed the fall in vegetable oil imports to carry-over stock and imposition of safeguard duty.

No trade disputes with US, only few disagreements: Piyush Goyal

About the economic slowdown, Goyal said that Indian economy can do well with these structural adjustments.

PM Modi to take a call on all pending RCEP issues

Intense bilateral parleys are expected in the next 10 days.

Indian buyers slash Malaysian palm oil purchases fearing duty hike: Traders

To be "on cautious side, buyers are preferring Indonesian shipments to avoid any possible impact of higher duties."

US lists rise of China as challenge before India; wants free flow of goods, capital, data

Trade between the US and India in 2018 touched USD 142 billion but the economic partnership is yet to realise its full potential.

India seeks checks on 50% of Chinese imports in trade pact

India seeks checks on 50% of Chinese imports in trade pact

The government has concerns over a possible surge in Chinese imports once the deal is signed as India has indicated that it can allow up to 80% of goods to enter the country at zero duty.

Malaysia to study impact of India's planned trade action

Malaysia to study impact of India's planned trade action

Malaysian PM Mahathir said on Sunday his government will "study the impact of the action taken by India", the government-owned Bernama said.

The challenge before new India-China trade mechanism

The challenge before new India-China trade mechanism

New Delhi’s aim is to narrow down its trade deficit with Beijing by boosting exports.

Informal meet between Chinese Prez, PM augurs well for strategic ties: FIEO

Informal meet between Chinese Prez, PM augurs well for strategic ties: FIEO

FIEO president Sharad Kumar Saraf said differences between two neighbours were not surprising and the key was to resolve them through constructive engagement and consultation, he said.

Modi-Xi informal summit: India, China agree to set up new mechanism for issues relating to trade and investment

Modi-Xi informal summit: India, China agree to set up new mechanism for issues relating to trade and investment

Indian Foreign Secretary Vijay Gokhale said at a press briefing that the deficit was a concern for India and the Chinese side was willing to address it.

Modi-Xi could discuss roadmap to address widening trade deficit

Modi-Xi could discuss roadmap to address widening trade deficit

The volume of India’s bilateral trade with China grew by 13.19% to reach $ 95.54 billion.

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