REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP
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.
Need to have fairer, more equitable terms in trade relations: Piyush Goyal
Speaking at the World Economic Forum Annual Meeting 2020, the comm...
India a stabilising force, there are enough disruptors:: Jaishankar
Addressing a gathering at the Raisina Dialogue here, Jaishankar referred ...
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.
India, Central Asian region have exclusively positive dynamics: Uzbek Foreign Minister
“…New Delhi is associated among the countries of the region not with competition for regional leadership, but as an example of mutually beneficial and respectful cooperation. From of old, India’s role in our region has always been constructive and in-demand one,” Kamilov said in his ministerial address at Raisina Dialogue.
Budget 2020: ISSDA seeks nil duty on import of key raw materials
ISSDA also urged the government for simultaneous imposition of 12.5% custom duty on stainless steel flat product imports in order to bring it at par with carbon steel. The association has also sought abolition of 7.5% import duty on graphite electrodes, another major raw material for stainless steel manufacturing, an official statement said.
China should consider Belt and Road Initiative via Kolkata, Mumbai ports instead of PoK: Subramanian Swamy
BRI is China's global economic initiative for connecting with Europe, Africa and the rest of Asia through road and maritime routes with focus on infrastructure, transportation and energy sectors. Swamy suggested that instead of passing through PoK, the BRI corridor can enter India from Kunming in southwestern China and from Kolkata Port it can take the sea route.
Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: Sources
Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, people with knowledge of the matter said.
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.
India, Australia 'natural partnership' registers steady growth in 2019
In November 2017, India, the US, Australia and Japan gave shape to the long-pending "Quad" Coalition to develop a new strategy for keeping the critical sea routes in the Indo-Pacific free of any influence. China has been trying to expand its military presence in the Indo-Pacific, which is a biogeographic region, including the South China Sea.
Sajjan Jindal calls for development FIs
India needs development finance institutions (FIs) to fund the capital expenditure needs of Indian companies, said JSW Group chairman Sajjan Jindal.
US Defence Authorisation Act readies three strategies for Indo-Pacific region
The NDAA 2020, which was signed by US President Donald Trump a few days ago, authorises $738 billion for fiscal year 2020 for military activities, including expansion of the aircraft fleet and the F-35 program. Both these will add teeth to the American deployment in the Indo-Pacific region.
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.
India insists Regional Comprehensive Economic Partnership only if China lifts curbs on IT
RCEP is a proposed regional economic integration agreement among the 10 Asean countries and its six free-trade agreement (FTA) partners.
Flag nations with non-tariff barriers, Piyush Goyal tells India Inc
“It's the place, where you get both, a competitive edge and get a huge domestic market aspiring for a better quality of life,” Goyal said at the 92nd Annual Convention of FICCI, adding that India needs to get more competitive, and stressed on addressing the problems of the entire value chain, be it inverted duties, dumping, or unfair subsidies.
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