If we believe it's time for India to transform itself into to a developed country, with the aspiration of a $ 5 trillion economy, then we ought to get over this protectionist mindset
Addressing a state consultation workshop on Make in India, the minister said India would enter into any FTA or comprehensive partnership on its own terms
The economy needs changes that can't be made overnight; without them, it will continue to under-perform, whether India signs up for RCEP or not. Work should have started 7 years ago, writes T N Ninan
SIAM has been maintaining that free trade agreements with competing countries do not benefit Indian automobile industry
Sources said they pointed out added competition from Chinese cheaper goods may put pressure on domestic sales at a time international business has been under threat from Bangladesh and Vietnam
After repeated overtures from Trump administration, India has told the US that it was unwilling to discuss a full FTA
The government reportedly fears the figure for revenue foregone may be as high as Rs 60,000 crore for the proposed Regional Comprehensive Economic Partnership deal once it goes live
New Delhi must move forward on FTA with EU
It has asked the government to not cut or eliminate import duties in this sector under the proposed mega trade deal Regional Comprehensive Economic Partnership (RCEP)
New Delhi, 23 MayGermany today urged New Delhi to resume negotiations on the European Union (EU) - India free trade agreement, or FTA, especially in the context of India not having participated in the One Belt One Road (OBOR) summit that China hosted earlier this month, and the EU member countries also hesitant to sign that trade declaration.Prime Minister Narendra Modi is set to visit Germany on 29 and 30 May for the fourth biannual India-Germany inter-governmental consultations. The lack of progress on the EU-India FTA is likely to come up during the PM's talks with German Chancellor Angela Merkel in Berlin.Not just because of OBOR related strategic reasons, German Ambassador to New Delhi Martin Ney said the need for the EU-India FTA was so much greater now that New Delhi has terminated its Bilateral Investment Treaties (BITs), and there was no treaty protection under international law to future investments in India and vice versa."If you want to shape globalization, you do it by ...
While the free trade agreement (FTA) with the European Union is lingering on for over a decade, India is all set to sign FTA with Eurasian countries (comprise Russia, Armenia, Belarus, Kazakhstan and Kirkistan) in a year.Speaking at the curtain raiser event of CapIndia 2017, the second edition of the trade exhibition, Sunil Kumar, Joint Secretary, Department of Commerce, said, "The joint feasibility with the Eurasian countries has been accepted by all individual countries. Now, trade negotiation would start soon with all countries in the group."The trade exhibition is being organized between March 21 and 22, 2017, jointly by Chemicals Export Promotion Council (Chemexcil), Chemical and Allied Export Promotion Council (Capexil), The Plastic Export Promotion Council (Plexconcil) and Shellac & Forest Products Export Promotion Council (Shefexil) under the aegis of the Ministry of Commerce.The FTA with Eurasian countries is spearheaded by Russia with an aim to treble bilateral trade to .
Australian Trade Minister Steve Ciobo said that he will keep pursuing India but that's not his key priority at present
This is the first official interaction between both the sides since Britain decided to exit from the 28-nation bloc through a general referendum
Negotiations for the proposed Broad-based Trade and Investment Agreement between India and the EU have seen many hurdles
NITI Aayog CEO Amitabh Kant said that failing to do so would mean that India would not be able to capitalise on rising wages in China
Automobiles and wines continue to be the sticking points in the long-stalled negotiations
Negotiations have been stalled since 2013 as both sides are yet to bridge substantial gaps on crucial issues
The latest Pew Research Center survey reveals how the citizens of the US, across social groups and political affiliations, perceive free trade agreements (FTAs)