Page 7 - Trade Talks

Govt asks exporters to utilise and reap benefits of India-Australia FTA

There is a need to go beyond the usual buyer-seller meets and get more aggressive towards their ways to sell products in the Australian market, people aware of the matter told Business Standard

Landmark maritime Lebanon-Israel pact could have important ramifications

Under the agreement, Lebanon is awarded 840 square kilometres of the previously disputed area

UK FTA deadline depends on talks: Commerce secretary Sunil Barthwal

Deadline for agreement will depend on talks, he says as Diwali timeline goes by

FinMin sees Q1 growth at 15.6% ahead of GDP data, impact on trade component

This is lower than RBI's April-June (Q1FY23) GDP projection of 16.2%

Jaishankar holds talks with Argentine president; discusses trade ties

External Affairs Minister S Jaishankar has called on Argentine President Alberto Fernandez and discussed measures for making trade ties more sustainable and ambitious as well as the potential for bilateral cooperation in defence and nuclear energy. Jaishankar, who arrived here on Thursday the final leg of his maiden official visit to three Latin American countries, also met Economy Minister Sergio Massa and exchanged views on economic cooperation. "Glad to meet @SergioMassa, Minister of Economy of Argentina. Appreciate his positive outlook towards expanding our economic cooperation," Jaishankar tweeted. After meeting Argentine President Fernndez, Jaishankar said, "Thank President @alferdez for receiving me. Conveyed the greetings of PM @narendramodi." They discussed strengthening bilateral cooperation, including making trade levels more sustainable and ambitious. They also exchange views on energy and food security, "both from the perspective of the global south and our bilateral

India-China trade goes up to over $67 bn in first half of 2022

The India-China trade is on course to cross USD 100 billion for the second consecutive year as it has gone up to USD 67.08 billion in the first half of this year amid a big surge of Chinese exports

US hopes to start trade talks under IPEF to fuel economic activity

Last month, India joined 13 other countries to establish the IPEF, led by the US to counter China's growing clout in the Indo-Pacific region

ITC Infotech pays $33 mn to PTC for partially acquiring American PLM biz

ITC Infotech on Thursday said it has paid an amount of USD 33 million (around Rs 256 crore) to PTC as part of an agreement to acquire a substantial portion of the American company's product services

China demands US stop trade talks with Taiwan, threatens consequences

China's government accused Washington of jeopardising peace after US envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled island democracy claimed by Beijing.

China claims it is still India's top trade partner as per its data, not US

China on Tuesday insisted that it is still India's biggest trade partner in 2021-22 as per its figures and attributed the "disparity" to different methods of calculating the trade volume.

WEF 2022 day 4 schedule: Here's what will happen at Davos Annual meeting

WEF 2022 day 4 schedule: Leaders from the tech world looked at improved collaboration on Wednesday

India committed to strengthen multilateral trade system: Goyal to WTO chief

Commerce and Industry Minister Piyush Goyal met World Trade Organisation Director-General Ngozi Okonjo-Iweala and reiterated India's support for strengthening the multilateral trading system

As WEF gets underway at Davos, India sells stability, growth, and dynamism

WEF 2022: With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos

India-UAE trade pact: Comm min to soon come out with detailed FAQs

The commerce ministry will soon come out with detailed FAQs on the recently implemented free trade agreement between India and the UAE to help the domestic industry understand benefits of the pact

Historic India-UAE trade pact effective from May 1, says Emirati minister

The historic Comprehensive Economic Partnership Agreement between India and the UAE will come into effect on May 1, an Emirati minister said on Thursday.

Third round of UK free trade talks to be held in India in April

The third round of talks as part of the ongoing India-UK free trade agreement (FTA) negotiations will be hosted by India next month, Britain's Department for International Trade (DIT) said.

India to study sanctions impact on trade settlement with Russia

By Nidhi Verma and Alasdair Pal

India-UAE trade pact: Bilateral trade projected to touch $100 bn in 5 years

The bilateral trade in goods is projected to increase from the current $60 billion to $100 billion annually within five years of the implementation of the India-UAE free trade agreement

Indo-Australian trade crosses pre-pandemic levels, pact likely soon

A large part of the trade has been driven by increased exports to Australia, at $5.6 billion; the figure already 60% higher than $3.5 billion in FY19

India has added 34% more drone start-ups since new August guidelines

Average funding of top 10 start-ups has increased 10 per cent to $5.6 million