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India: China seeks market economy status
India and China together represent the "new global economic architecture" Indian Commerce Minister Kamal Nath said on Tuesday. But India and China themselves are often embroiled in fractious trade disputes.
It won’t be ’palm oil FTA’ with ASEAN: Nath
India will ensure that the proposed Free Trade Agreement with ASEAN does not end up as a ’palm oil FTA.’ Palm oil products currently represent 77% of India’s edible oil imports.
Lobbying begins on Indo-US free trade pact
First a nuclear deal, and next a free trade agreement. Industry lobbies in US are working towards activist’ agenda to eventually lead up to a Free Trade agreement between US and India, potentially the largest ever such deal.
Rubber planters wary of Thai free-trade pact
Indian rubber planters will oppose any move to cut the duty on imports from Thailand, the world’s largest rubber producer, as part of negotiations of a free-trade agreement which the two governments hope to conclude by end June.
India offers new concessions for Asean FTA
India has offered a new set of concessions to the 10-member Association of South East Asian Nations (Asean), during the negotiations in the last two months for a proposed free trade agreement.
US, India trade motorcycles for mangoes
Indian mangoes will hit US shelves for the first time in 18 years, while Harley Davidson motorcycles will soon be cruising India’s roads, senior officials said Friday.
Tata forays into strategic sectors of Southeast Asia
China is making deep inroads in the region because of its trade initiatives, but Indian companies would be calling the shots in future, and the Asia-Pacific region might become a market for them.
Brazil may ratify Mercosur PTA with India by June
Brazil today said it would ratify the Mercosur preferential trade agreement (PTA) with India by June this year. However only Brazil would ratify, not the other members of Mercosur.
Indo-Japan cooperation pact likely to be concluded in a year: Nath
The proposed Comprehensive Economic Partnership Agreement between India and Japan is likely to be concluded within the next one year, Commerce Minister Kamal Nath said today. The second round of negotiations for the economic agreement is presently being conducted in Tokyo at the moment.
Brazil hopes to sign FTA soon
A free trade agreement (FTA) is expected to be concluded soon between India and the MERCOSUR group of South American countries, visiting Brazilian foreign minister, Mr Celso Amorim, today indicated. “It is partly our fault that the bilateral trade between India and Brazil is still very small around $3 billion,” Mr Amorim said at an interactive session organised by the Confederation of Indian Industry (CII).
‘India, South Korea to sign economic pact soon’
India’s proposed trade pact with South Korea should span all sectors, especially the services and the IT sector so that economic cooperation between the two countries is placed on the fast track, Seoul’s former mayor and the country’s presidential hopeful Lee Myung Bak, currently visiting New Delhi, said on Thursday.
India, Sri Lanka FTA to be reviewed on 16th -17th April
In a bid to review the functioning of India-Sri Lanka Free Trade Agreement (FTA), a join delegation over FTA is going to be organized the Kerala Chamber of Commerce and Industry and Sri Lankan Government.
Trade pact with Thailand by July
India and Thailand hope to conclude their proposed free trade area (FTA) by this July with trade negotiators of the two countries hoping to smooth out contentious issues before then.
India-Thailand FTA likely by June-end: Nath
The free trade agreement between India and Thailand is likely to be signed by June-end. Both the countries had signed a framework agreement for establishing a free trade area in 2003 as a consequence of which tariffs were brought down in 82 items of common export interest from September 2004.
India, S Korea agree on 80% tariff lines
India and South Korea have concluded the sixth round of negotiations on their proposed free trade agreement. Meanwhile, the second round of talks between India and Japan on their proposed comprehensive economic partnership agreement started in Tokyo today.
Japan, India start second round of trade talks
Japan and India have opened a second round of talks on a free trade deal that the two countries aim to seal within two years.
South-south trade can lift rural farm fortunes
Developments over the past few days have re-confirmed that the developing countries are more eager than developed countries to break the deadlock in multilateral trade. The developing countries have shown ample flexibility, without waiting for a response from the developed world.
Pak agrees to implement Safta in ’letter & spirit’
The Safta on Wednesday received a big boost with Pakistan agreeing to the views of Saarc leaders that the pact liberalising regional trade be implemented in “letter and spirit”.
South Korea and India seek to cement closer economic partnership
South Korea and India agreed to work towards sealing a comprehensive economic partnership agreement by the end of this year, the Seoul Foreign Ministry said Wednesday.
Indo-Qatari labour pact to be amended soon
Sacking Indian employees at will could be reduced drastically in Qatar, if not eliminated, when a 1985 bilateral labour agreement is amended soon.