While we are prepared to help the Chinese catch up with us in IT, they are not prepared to help us catch up with them in the engineering sector. They consider us rivals.
United States Border Security, Economic Opportunity and Immigration Modernisation Bill, 2013 has not yet been enacted.
India has lodged a strong protest with Pakistan over recent objectionable remarks made against Bhagat Singh, the government said in Lok Sabha. The Minister of State for External Affairs, Kirti Vardhan Singh, stated that India has been raising concerns about attacks on cultural heritage, growing intolerance, and lack of respect for minority communities in Pakistan. Singh also highlighted the strong ties between India and Bangladesh, emphasizing that their relationship is independent of Bangladesh's relations with other countries. The government closely monitors developments impacting India's national interests and takes necessary measures to protect them. Singh also provided information about the deportation of Indian nationals from the US, citing data from the US government.
India and Chile will begin in August negotiations on the proposed preferential trade agreement to enhance bilateral trade which stood at $320 million in 2003.
India's exports to Iran have been falling over the last one year, amid decline in rupee reserves of the West Asian economy. Going ahead, the possibility of augmenting exports to Iran may not be easy for India, considering the geopolitical tensions - Russia-Ukraine and Israel-Hamas conflicts - and the West Asian country's support for Russia and Hamas, people aware of the matter said. Exports to Iran saw a downward spiral since November last year.
China's trade surplus with India is set to cross the $4 billion mark this year enabling the Communist trading giant to enjoy a favourable trade balance for the first time in Sino-Indian bilateral trade.
Prime minister likely to visit Beijing, Shanghai; also President Xi's home province, Shaanxi. Nayanima Basu reports
Bilateral trade between India and Germany is expected to go up by 13 per cent during the current year (January-December) at Rs 26,000 crore
Bilateral trade between Indian and Pakistan has gone up by more than 100 per cent increase at $476 million in 2003-2004 over that of the previous year.
Bilateral trade between India and Israel has touched a new high of $1.23 billion, registering an increase of 42.9 per cent, official sources said in Jerusalem on Thursday.
Prime Minister Manmohan Singh will review the proposed bilateral trade and investment agreement between India and the EU at the meeting of the Trade and Economic Relations Committee (TERC) on May 29.
The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.
In an effort to improve Indo-UK bilateral trade, the British Chamber of Commerce and Industry will bring out an India Fact File on September 1, Indian High Commissioner to the UK, Kamalesh Sharma said in London.
Biden, the first US Vice President to visit India in three decades, welcomed relaxation of foreign direct investment norms in certain sectors but said a lot more needed to be done to remove trade barriers.
Expressing concern over slowdown of trade with India, United States said bilateral trade between the two countries could go up by a further $38 billion by 2015 if India accelerated its economic reforms to match the US endeavour.
According to IndusView, a consultancy firm on mergers and acquisitions, 2007 would see a record number of Indian companies acquiring businesses in Europe, while Western companies would make increased efforts to take a stake in India.
