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India wants to conclude trade pact with EFTA in a year: Nath
India on Tuesday said it wants to conclude a Free Trade Agreement with a smaller four-nation European Free Trade Association (EFTA) within a year, even as its ambitious trade pact with the European Union seems to have run into differences.
US favours Nafta-type investment pact with India
The US wants to include labour and environment standards in the proposed bilateral investment agreement with India. While India wants to structure the pact on the lines of similar agreements that it has with other nations, the US wants to structure it on the lines of the investment chapter in the North American Free Trade Agreement (Nafta).
EU waiting for India’s submission of list on FTA
The European Union is waiting for India to submit the list of items that will be covered under the proposed Free Trade Agreement between the two trading partners, a EU official said today.
GCC-India FTA talks ‘on track’
Discussions on a free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) countries are expected to make a substantial progress with in a year, according to Indian Minister of Commerce and Industry Kamal Nath.
Talks on India-GCC FTA to move forward this year: Nath
India today said talks on the free trade agreement between India and Gulf Cooperation Council are likely to move forward this year.
Indonesia hindering Asean FTA
Indonesia has turned out to be the surprise sore point in the proposed India-Asean free trade agreement (FTA) that was scheduled to be in place last month. Jakarta’s insistence on offering lower market access to India than other Asean members has held up the pact.
Chile extends a warm hand, offers FTA with India
Even as the Brazilian Parliament is yet to ratify the India-Mercusor Preferential Trade Agreement signed by its President Lula in 2004, another South American country, Chile, has thrown a surprise on Tuesday, suggesting that it was willing to upgrade its Preferential Trade Agreement with India, signed in 2006, to the level of a Free Trade Agreement (FTA).
India to provide textiles’ duty free market for SAFTA
India will provide duty reduction to the Agreement on South Asian Free Trade Area (SAFTA) member countries ranging from zero to five percent within ten years, said Minister of State for Textiles, E V K S Elangovan today.
FTA with China not a priority: Govt.
The government on Wednesday said a Free Trade Agreement (FTA) with China was not a "priority" for India due to "deep divisions" within the government and opposition from the industry.
Chile moots FTA, India apprehensive
Chile on Tuesday offered a platform for India to access Latin American markets but New Delhi appeared not forthcoming on a bilateral Free Trade Agreement (FTA).
Egypt to discuss FTA with India
Egypt on Tuesday said it would explore the possibility of a Free Trade Agreement with India to boost trade and investment between the two countries.
India, Australia to begin talks on FTA next week
India and Australia will launch talks next week on a "high quality" Free Trade Agreement with both countries agreeing on terms of reference for a feasibility study to remove all impediments to bilateral commerce.
Cautious approach needed on FTA with China: Assocham
India should be cautious while signing free trade agreements (FTAs), specially with China as it could affect the interest domestic industry, a report released by industry chamber Assocham said on Saturday.
Indian minister sees ASEAN free trade deal in months
India is hoping to conclude a free trade agreement with the Association of Southeast Asian Nations within three months, the country’s minister of commerce and industry said Friday.
Shift trade to SAARC region from slowing US, Govt to business
The government today asked the country’s business houses to shift focus to the SAARC region and exploit the opportunities there, especially when the US and the European economies are slowing down.
Trade potential between India, Pak is untapped
If to some people, the words ‘cricket’ and ‘conflict’ come to mind when thinking of India and Pakistan, we need to update the language to embrace another two ‘Cs’ -connections and commerce.
Vanaspati cools after edible oil import duty cut
The government move on lowering customs duty on edible oils for pushing down its prices has started yielding positive results. On the heels of getting a huge relief from reduced import duty on crude palm oil (CPO) from 45% to 20%, which serves as raw material of vanaspati, vegetable fat producers have slashed their product prices by Rs 4-5/kg.
New Zealand proposes FTA with India
New Zealand has proposed to have a free trade agreement (FTA) with India. It also wants that India import wine, dairy and timber products to boost the bilateral trade between the two countries to more than 616 million NZ dollars.
India exploring PTA with five African countries
India is working on signing a Preferential Trade agreement (PTA) with South Africa Customs Union (SACU), a regional sub-group of African nations comprising South Africa, Botswana, Lesotho, Namibia and Swaziland.
Tüzmen to Indian businessmen: Urge your gov’t to sign FTA
Foreign Trade Minister Kürsad Tüzmen has called on Indian businessmen to urge the Indian government to sign a free trade agreement between the two countries.