Bangladesh is yet to make any clear headway in its bilateral talks in free trade agreements with India, Pakistan and Sri Lanka as well as trade and investment framework agreement with the United States.
India and Sri Lanka are on the threshold of a Comprehensive Economic Partnership Agreement (CEPA), Sri Lankan Minister of Trade, Commerce and Consumer Affairs, Jeyaraj Fernandopulle said Friday.
Bilateral trade between India and Sri Lanka has grown by 128% after the free trade agreement (FTA) became operational in March 2000.
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The three-day meeting of the South Asian Association for Regional Cooperation (SAARC) sub-group on Investment and Arbitration beginning today in Kathmandu seeks to further the understanding among member states to set up an investment regime and adopt a dispute settlement mechanism in order to increase economic cooperation throughout the region.
Malaysia is holding negotiations with India on establishing an ASEAN-India Free Trade Area (FTA), covering trade in goods, services and investment, Malaysia External Trade Development Corporation (MATRADE) CEO Datuk Merlyn Kasimir said today.
Chile, the fastest growing economy in Latin America, has said it was keen to sign preferential trade agreement with India to increase the bilateral trade volume which stood at a meagre 230 million dollars in 2003.
Malaysia today said it was leading the negotiations for a Free Trade Agreement between India and ASEAN and would offer a ’springboard’ for Indian corporates willing to tap the potential markets in the region.
Notwithstanding border and other political problems and the low base, India’s trade with China has increased phenomenally. A preliminary study has been done on a possible free trade agreement (FTA) with China.
This may come as a surprise to the ministry of home affairs. Security concerns of the government’s intelligence agencies notwithstanding, the ministry of external affairs (MEA) is quietly pushing for a Bilateral Investment Promotion and Protection Agreement (BIPA) with China.
Bechtel Enterprises Holdings, Inc. and GE Structured Finance (GESF) have filed an arbitration action against the Government of India to recover their investments in the Dabhol Power Company (DPC).
The government has finally announced to commence negotiations on long-unheeded Bilateral Investment Protection Agreement (BIPA) with India, which the southern neighbour had been pressing for the last five years.
The newly-appointed solicitor firm in London, Evershed, has backed out of the Dabhol arbitration case at the last minute, leaving the Union government in a quandary.
BECHTEL Enterprises Holdings Inc and GE Structured Finance on Monday said that they have filed an international arbitration claim against the Government to recover their investments in Dabhol Power Company (DPC).
The government of India (GoI) has sought a 60-day extension from the Arbitral Tribunal in London for filing a defence statement after GE blocked the appointment of Evershed as India’s new solicitor firm in the UK.
The United States today said it discussed with the Indian authorities the issue of forging a bilateral Free Trade Agreement on services but felt that more study was needed to be done before any commitment was made.
India’s private sector is welcoming the Thai-Indian free-trade agreement (FTA), with an increasing number of Indian companies planning to set up their manufacturing bases in Thailand prior to the deal being signed.
There are rumours that the Congress-led Government is set to decide upon a potential free trade agreement (FTA) with the US government. Strong lobbies such as NASSCOM (National Association of Software Companies) are pushing an FTA for services with the belief that it will resolve their BPO (business process outsourcing) problems.
As part of positioning itself in the global economy in the ever growing global village, the Southern African Customs Union (SACU) is contemplating fostering closer economic ties with India.
India wants to explore possible free trade agreements with Japan, China and the United States, as negotiations on such deals with Southeast Asian countries progress, the commerce minister says.