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Recalibration is required as some items of interest to Britain may have to be removed
Bharathi Sihag, joint secretary at the ministry of commerce of India, told Abu Dhabi's National newspaper that the date had almost been set: "We will be meeting very soon, next month or October." The FTA between India and Gulf Cooperation Council has been delayed, ever since the first round held in March 2006, due to administrative reasons as the same set of officials are involved in talks with EU and Korea over similar trade pacts.
Prime minister likely to visit Beijing, Shanghai; also President Xi's home province, Shaanxi. Nayanima Basu reports
The Indo-Asean FTA provides an opportunity for India to be more engaged with the region, says Sanjaya Baru.
Bangladesh on Thursday agreed in principle to India's proposal for a bilateral Free Trade Agreement to boost economic cooperation and solve issues relating to tariff and non-tariff barriers.\n\n
India is vigorously pursuing for a free trade agreement with Gulf countries, Finance Minister P Chidambaram said on Monday.
India and Japan on Monday held talks to revise their tax treaty in a move to facilitate bilateral business investment, officials said in Tokyo.
Exports to India's key markets - the US, the United Arab Emirates, China, Singapore, Bangladesh and Germany - witnessed a sharp decline, resulting in a 12.69 per cent contraction in outbound shipments during the first month of the current financial year, commerce department data showed. India's biggest export market - the US - with 17 per cent share witnessed 17.16 per cent contraction at $5.9 billion in April. This was followed by the United Arab Emirates (UAE) that saw 22.09 per cent decline at $2.23 billion exports.
Pakistan plans to import 100 more items from India from the next fiscal.
The proposed South Asia Free Trade Agreement, which will come into effect according to the timetable set out at the SAARC summit in Islamabad, will greatly benefit the region, diplomats from the member countries said in Washington.
Commerce Minister Kamal Nath will attend an informal ASEAN Economic Ministers-India Consultation in Kuala Lumpur
Norway on Thursday offered its expertise and cooperation to help India meet its energy needs even as its Prime Minister Jens Stoltenberg said
If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
The bonhomie between Prime Minister Narendra Modi and his British counterpart Prime Minister Boris Johnson was palpable at a media event here on Friday with the United Kingdom PM referring to Modi as 'khaas dost (special friend)' and calling him by his first name multiple times.
Industry body Assocham on Monday said country's top CEOs are in favour of signing a specialised free trade agreement with the European Union in services.
With the Free Trade Agreement of the Americas coming on stream soon, Trinidad and Tobago would be an ideal location for Indian businessmen, according to the country's manufacturing association.
The two leaders discussed the Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change during their bilateral talks at the Danish Prime Minister's official residence in Mareinborg near Copenhagen.
The Centre said on Wednesday it had made a good offer for the proposed Free Trade Agreement with the Association of South East Asian Nation and is awaiting ASEAN's reactions to it.
Planning commission deputy chairman Montek Singh Ahluwalia on Tuesday said the government should consider general lowering of duty rates across sectors to avoid creating arbitrage under free trade agreements.
Honda Motor Corporation of Japan plans to synergise Indian and Thailand operations to capitalise on the free trade agreement between the two countries and will continue investing in India, a top company official said on Friday.
Here are 10 photographs that prove that it's a mad, mad, mad, mad world out there!
India is the UK's second-largest market by volumes for Scotch, importing the equivalent of 136 million bottles, worth £146.2 million, in 2021.
This will be External Affairs Minister K Natwar Singh's first visit to Pakistan after assuming office.
'This is a new government. We will look at all options and before we rush into new arrangements, we will have to have a broad domestic consensus,' the prime minister said.
Close on the heels of the Indian team's visit to Thailand for discussions on bilateral free trade agreement, FICCI president Y K Modi met Thailand Prime Minister Thaksin Shinawatra in Bangkok to promote business ties between the two countries.
India's exports to North American Free Trade Agreement countries have shown a positive growth in 2003 with exports to the US growing by 11.5 per cent in January-October.
The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.
The Asean secretariat hopes the meet may be able to iron out existing wrinkles raised by India. Since there had been no significant progress on the matter over the past two years on most issues, New Delhi is yet to decide on the invite.
External Affairs Minister S Jaishankar has raised India's long-standing concerns about pro-Khalistan extremism in the United Kingdom during his meetings with the country's leaders, stressing that they should be on guard against the misuse of freedom of expression and speech.
India on Thursday ruled out a Free Trade Agreement with China, until 'domestic distortions' like high taxes and poor infrastructure are corrected.
