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India


Textile sops for Sri Lanka under FTA
India will grant more concessions to Sri Lanka in the apparel and clothing sector under the existing bilateral free trade agreement. New Delhi has agreed to remove the present annual cap of 1.5 million pieces of clothing per category in the sector.
New rules of origin approach for India-Asean FTA by mid-July
India is set to finalise new Rules of Origin (ROO), the criteria that determine the country of origin of the product, for the India-Asean Free Trade Agreement (FTA) by July 15, 2005.
S’pore pact gets Cabinet nod
India has agreed to provide a series of tariff concessions to Singapore under the India-Singapore Comprehensive Economic Cooperation Agreement (CECA), which was approved by the Union Cabinet today.
Vanaspati industry on brink of closure: IVPA
With India entering into Free Trade Agreement (FTA) with Sri Lanka and other SAARC countries, a number of vanaspati manufacturers have shifted their production base there to avail concessions, sounding a death-knell for the domestic industry by rendering it non-competitive.
New rules of origin for India-Asean FTA in July
India will formulate a new set of rules of origin (ROO) for its free trade agreement (FTA) with the Association of South East Asian Nations (Asean) by mid-July.
Australia hints at FTA with India
The Australian Foreign Minister, Alexander Downer, on Wednesday hinted at the possibility of India and Australia entering into a Free Trade Agreement (FTA).
India Inc study shows perils of Thai FTA
Fearing a further surge in imports from Thailand under the Indo-Thai free trade agreement (FTA), India Inc has brought into sharp focus the urgent need to look internally and address the disabilities suffered by Indian companies in terms of high cost of production, higher import duties, infrastructure service cost and huge interest rate differential compared with the neighbouring country.
India hopeful of FTA with S’pore soon
The South Asian Free Trade Agreement (SAFTA) is expected to be signed by January 2006, while India is hopeful of a free trade agreement with Singapore very soon, said S.N. Menon, Secretary in the Union Ministry of Commerce and Industry.
Indo-Brazil business is booming, set to explode
The Government of India has identified Brazil as strategic partner in Latin America and is strengthening relations and expanding cooperation.
Thaksin asks India to speed up FTA deal
Prime Minister Thaksin Shinawatra stressed speeding up the process of finalising the Free Trade Area agreement between Thailand and India during his one-day working visit to the Indian capital on Friday.
’FTA misusers will be punished’
The Centre on Saturday warned that any misuse of the Free Trade Agreements (FTA) would lead to criminal prosecution of those involved in such practice.
Trade to top Thai PM’s India visit
Thai Prime Minister Thaksin Shinawatra will arrive in India Friday on a one-day visit to find ways of pushing a free trade deal that will strengthen the growing trade relations between the two countries.
Smaller auto component firms threatened by Asian FTAs: KPMG report
Smaller and indigenous automotive and component companies may find themselves at a disadvantage due to the Free Trade Agreements (FTAs) being put into place across Asia, says a report released by KPMG.
Auto sector wary of Bimstec FTA
The domestic auto industry has asked the government to include completely-built units of all four-wheelers (including buses, trucks, MUVs and passenger cars) and two-wheelers (up to 250 cc) in the negative list for the free trade agreement (FTA) with the Bimstec regional block.
India and Australia move closer to a free trade agreement
Indian Commerce and Industry Minister Kamal Nath and Australian Trade Minister Mark Vaile have indicated that both the countries would beign discussions on a trade and economic framework, leading to possible free trade agreement (FTA).
India: MTR drafts strategy for FTA with ASEAN
The Mid Term Review of the Tenth five year plan has argued that India should push for free trade areas with various regional groupings and suggested that the country reduce its Most Favoured Nation tariffs to a "very low level" in preparation for the FTA with ASEAN.
’High time we signed RTAs’
Commerce and industry minister Kamal Nath has said that India is specifically looking at regional trading agreements (RTA) to boost its trade. "Without such agreements India faces the risk of being isolated globally. India must engage in trade on a regional basis", he said.
Free trade fears
China’s proposal for a free trade agreement with India meets with resistance from Indian industry.
’India under cheap textile imports threat’
Though the end of the quota regime has made India a much sought-after destination in the textile sector, the industry here is reeling under fears of cheap imports from Sri Lanka and Bangladesh.
’India under cheap textile imports threat’
Though the end of the quota regime has made India a much sought-after destination in the textile sector, the industry here is reeling under fears of cheap imports from Sri Lanka and Bangladesh.