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India


Reducing import tariffs will help Saarc: report
After the recently released, ‘The Growth Report: Strategies for Sustained Growth and Inclusive Development’ released recently by the Commission on Growth and Development, supported by DFID, UK and World Bank among other international organisations, which mentions that in the last 30 years, absolute poverty has fallen dramatically fallen due to sustained growth, and that India is likely to grow at a fast pace for another 15 years, an upcoming report from the Commonwealth Business Council and the Saarc Chamber of Commerce and Industry, commenting on the Saarc region, says that the very limited intra-regional trade in South Asia in aggregate terms does not exceed 5% of the region’s total trade.
FTAs: so near and yet so far
Though India’s Union Government has been pushing for an FTA with many countries on a bilateral basis, and also with regional blocks like ASEAN and the EU, there have been no major breakthroughs.
Business carrot for new Nepal regime on cards
Even as Nepal prepares to abolish monarchy and declare itself the world’s newest republic under a government led by Maoists, the Indian government is preparing a new wave of business diplomacy to establish cordial ties — including an FTA — with the new regime.
Pacts with developed nations to take Indian trade into new era
India is currently negotiating preferential trade and investment agreements with some developed countries - the European Union, Japan and Korea.
India, New Zealand to conclude FTA study process
India and New Zealand are keen on completing a study by end of the year to find out feasibility of a free trade agreement for boosting bilateral trade.
US official calls for concluding investment treaty with India
Daniel Sullivan, assistant secretary in the State Department’s Bureau of Economic, Energy, and Business Affairs, said that concluding a bilateral investment treaty with India is an important priority of the present US administration.
India wants trade deal by end of next year
Australia and India should aim to complete a free trade agreement by the end of next year, says India’s influential Commerce and Industry Minister, Kamal Nath.
EU urges India to offer more in bilateral trade talks
The European Commission called on India on Tuesday to go further with its plans to open up its economy to European exports under a planned bilateral trade deal between the two trade powers.
EU gives cautious welcome to India’s free trade proposals
India has delivered "useful" proposals for a free trade agreement with Europe but a lot of work remains to be done, a European Commission spokesman said Tuesday.
India, Brunei to sign bilateral investment agreement
India and Brunei Darussalam will be signing an agreement on bilateral investment and protection and three other MoUs in different areas to further strengthen their bilateral cooperation.
FTA hinges on farm deal, US tells India
The United States, on Wednesday, said prospects of a free trade agreement with India are “too pre-mature” as it depends on opening of market for agricultural products, though progress has been made in manufacturing and services.
IBSA to sort out issues to increase mutual cooperation
India, Brazil and South Africa (IBSA) is working towards sorting out procedural and infrastructural bottlenecks to increase mutual operation in key areas of energy, tourism and mining, industry body CII said on Monday.
IBSA strengthens its commitment to democracy
The "strategic alliance" that is the India-Brazil-South Africa trilateral axis is now more than simply a dialogue but a "privileged relationship" favouring a world where democracy will prevail not only in its political manifestation but also on social and cultural levels
India, Lanka services pact soon
Talks for an agreement on enhanced market access for service sectors between India and Sri Lanka are at an advanced stage and are likely to be concluded by the month-end.
Govt asks EU to lift ‘paranoid’ health-related trade barriers
In a move that may help negotiators to move ahead with the proposed India-European Union free-trade agreement (FTA), the Indian government has forwarded two significant suggestions to the EU to settle the wrangling on it’s health-related trade rules.
Thai-Indian FTA almost ready to sign
India and Thailand are likely to be able to sign the much anticipated free trade agreement within two or three months as most of the key issues have been resolved, says India’s commerce minister.
Elusive SAFTA
Fourteen SAARC Summits have been held till date, but the South Asia Free Trade Area (SAFTA) is yet to take off! While ASEAN and EU are reaping the benefits of a common market, South Asian countries continue to lag behind. Since the start of our liberal economic policies we have been opening up our market to foreign goods and investments, such as China and South East Asia .
India’s FTA with EFTA nations to include IPRs
A free trade agreement is slated to be finalised between India and the European Free Trade Association (EFTA) by early 2009. The EFTA countries include Iceland, Liechtenstein, Norway and Switzerland.
India-Asean FTA faces hurdle at Indonesia end
The “last mile” talks on the proposed Free Trade Agreement between India and the 10-member Association of Southeast Asian Nations (Asean) has been further stretched as negotiators from India and Indonesia once again failed to resolve the dispute over their respective increased market access demands.
Switzerland moves towards trade agreement with India
Switzerland has moved closer to sealing a free trade agreement with India following a business delegation visit led by Economics Minister Doris Leuthard.