SEARCHED FOR:REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP
View: The time couldn’t be more ripe for Narendra Modi to cement a strategic India-US alliance
US and India have had a prickly relationship. But with a belligerent China, it may be time to get off the fence.
Trade pacts under lens as India seeks to check Chinese imports
Delhi probes trade deals that are leading to preferential rates being lower on...
Indian IT likely to reprioritise China business: Analysts
Economic stress and unstable geopolitical relations are impacting IT firms' already...
RCEP nations offer India package to return to negotiating table
Members of the trade bloc urged India to convey its initial response to the package by May 15 as the Indo-Pacific region braces for a post-Covid-19 economic order, ET has learnt.
Policy offensive: Time to devise trade policies to effectively counter China
Till the last minute, even as the heads of 16 nations, including Prime Minister Narendra Modi, landed in Bangkok to announce the final mega trade deal, the Indian negotiators waited for their Chinese peers to agree to a provision under which New Delhi would not be obliged to extend duty concessions if the total imports passed a predetermined cap.
India set to erect a Great Wall against Chinese companies
A high-level meeting at the Prime Minister's Office is expected soon to discuss the details & the extent of measures.
View: An inward-looking India could quickly slide towards closed-mindedness, cronyism and mediocrity
Though the PM clarified that his call for self-reliance should not be mistaken for “self-centric arrangements”, this is cold comfort for those who remember the suffocating drabness of pre-liberalisation India.
Trade talks with the US are to India's advantage: Piyush Goyal
Terming the negotiations complex, commerce and industry minister Piyush Goyal said a big win would be when Indian people can benefit from it and that innovation, research and development, and better technologies are the areas that New Delhi is focusing on.
New Zealand trade ministry allays India’s dairy import fears
New Zealand is a member of RCEP and was pushing for opening up of India’s dairy sector, triggering fears of dumping of dairy products from milk-surplus countries Australia and New Zealand. Opening up of the dairy sector was one of the key concern areas for India in the RCEP talks.
Govt yet to take call on RCEP meeting invitation
The ASEAN Secretariat has invited India to attend the meeting to sort out its issues related to the proposed free trade deal. “India has received the invitation for the meeting. No decision has been taken on the issue,” said an official.
RCEP offers $125 billion market for domestic companies
RCEP offers a market potential of $125-million to Indian firms, as per a World Trade Centre study.
Why being a part of the global value chain matters for India
Global value chains create more and better jobs, accelerate economic growth and reduce poverty.
Will review existing FTAs to protect interest of domestic industry: Piyush Goyal
Union Minister for Commerce and Industry, Piyush Goyal, on Monday (December 30) said that India had decided not to join the Regional Compreh...
Import of wines, cars from EU may get cheaper
India has made a pitch after it decided to stay away from the RCEP agreement — the mega trade block comprising China, Japan, Korea, the Asean countries, Australia and New Zealand. After Brexit, India also proposes to push for a trade deal with the UK as it seeks greater market access for textiles and some farm products in European markets.
CII for better participation by India in trade pacts
“Globally, a large part of international trade is happening via the preferential route. To increase India’s share in value chains, diversifying our export markets and export products, the country must increase its participation in RTAs,” the CII said in a report titled ‘India’s Exports — Trend, Challenges and Future Strategy’, released on Tuesday.