China and India signed an agreement on Saturday allowing the two countries to lower trade tariffs between them, China's Ministry of Foreign Trade and Economic Cooperation said.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
United States on Tuesday said it was against entering in to a limited Free Trade Agreement with India and any bilateral FTA will have to be comprehensive.
India needs a National Trade Policy Council, chaired by a minister who reports directly to the PM, says Jayanta Roy, former economic advisor to the Union commerce ministry.
Emphasising that various issues are on agenda at the G20 under India's leadership.
Chinese President Xi Jinping pledged on Thursday to give Indian companies and products - especially including those made by the pharmaceutical, farming and fuel industries - greater access to Chinese markets.
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
Hamid Ansari on Friday left for Lima on the first-ever visit at the Vice Presidential level to mineral-rich Peru and Communist Cuba as part of India's thrust towards Latin America.
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 two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.
During the day-long visit, the Pakistani delegation will hold talks with Afghanistan's acting Foreign Minister Amir Khan Muttaqi and call on leadership of the interim government in Kabul and other Afghan leaders, according to Foreign Office.
Modi and Albanese also reiterated their shared ambition for an early conclusion of the ambitious Comprehensive Economic Cooperation Agreement (CECA) that is expected to significantly expand bilateral trade ties.
Calling India one of the most attractive investment destinations globally, vice president of European Commission Jyrki Katainen also complimented the government for its resolve to roll out the GST.
This will be an area where bilateral or regional trade pacts may not be able to perform well.
The Commerce Ministry earlier this week commissioned a study to assess the impact of free trade agreement with South Korea, with which India had a trade deficit of about $9 billion in 2012-13.
Trump said the relationship with both India as well as the country's Prime Minister Modi "is great".
Johnson's first visit to India as United Kingdom prime minister will begin on April 21 with a trip to Ahmedabad in Gujarat, which is Prime Minister Modi's home state.
Bangladeshi Prime Minister Sheikh Hasina arrived in New Delhi on Monday on a four-day visit to hold talks with his Indian counterpart Narendra Modi following which the two sides are likely to ink pacts in key areas, including defence, trade and river water sharing.
The two countries are expected to sign a number of agreements, including in the fields of defence, trade, science and air services.
Next year marks the 40th anniversary of the establishment of diplomatic relations between India and the Republic of Korea and the two countries have agreed to celebrate the occasion in a befitting manner
China and India have approached trade negotiations very differently: the former with confidence, the latter in a defensive crouch, says T N Ninan.
The US should build on the nuke deal with India by negotiating a full-fledged bilateral free trade agreement, says Senate Majority Leader Bill Frist.
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
Bilateral trade with the US is less than eight per cent of India's total trade basket.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
The relations between the two countries have never been as good as they are now, Trump said, adding that the countries have made "wonderful deal".
Continuing her three-day visit to Brazil, President Pratibha Patil will address the country's Senate and oversee the signing of four bilateral agreements, including an extradition treaty, before leaving for Mexico on the second leg of her three-nation tour. Patil met with a business delegation in Rio de Janeiro, where she discussed ways and means to boost the bilateral trade.
Leading British-Indian MP Keith Vaz on Tuesday took his fight against the European Union's impending ban on the import of Indian mangoes to the Prime Minister's office in London.
Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.
New foreign trade policy to stress manufacturing exports.
Despite the "shocks and jolts" in the past, Australia and India are in a better position to finalise a free trade agreement (FTA) that would further expand bilateral relations, according to a Melbourne-based think tank.
With the pressure on for the European Union (EU) and India to come up with a significant announcement at the upcoming EU-India summit on December 10, a flurry of activity surrounding the ongoing negotiations for a bilateral free trade agreement (FTA) is giving momentum to the process.
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
An ambitious long-term vision to ensure economic connectivity between India and the rest of Southern Asia is critical to India's trade policy objectives.
External Affairs Minister S Jaishankar has met United States Defence Secretary Lloyd Austin and held a productive conversation with him on deepening bilateral defence cooperation, including in the co-production of defence articles, and exchanged perspectives on a variety of security issues.
Irrespective of the outcome of Tuesday's keenly-contested US presidential election, America's strategic relationship with India is expected to maintain the current momentum and strengthen further, policy documents and remarks from the two campaigns indicate.
MEA Spokesperson Arindam Bagchi said the forthcoming Quad summit will provide an opportunity for the Quad leaders to exchange views about developments in the Indo-Pacific and contemporary global issues of mutual interest.
India and Germany on Thursday began their 2nd round of Inter-Governmental Consultations during which crucial bilateral, international and regional issues like the long pending India-EU Free Trade Agreement and the situation in Afghanistan would be discussed.
"We have finalised negotiations in regard to reaching an agreement on building additional nuclear power plants in India," Prime Minister Manmohan Singh said in the presence of the Russian Prime Minister. Zubkov affirmed his country's commitment to building the nuclear plants in Kudankulam.
