'Difficult for many countries to agree on joint communique'
In the past nine years, due to the government's sustained efforts, India has ascended to become the fifth largest global economy
G20 nations also aim to remove bottlenecks that impede integration of MSMEs in international trade
Tim Ayres talks about the trade agenda for the G20 meet, carbon tax and ongoing bilateral free trade talks
The FTA between India and the 10-nation bloc came into effect 13 years ago. Indian businesses have long been pushing for its review
All platforms being used to flag non-tariff barriers impacting trade
India and the UK are currently negotiating a Free Trade Agreement (FTA). Out of the total 26 chapters in the proposed FTA, 19 chapters have been closed
Prices of vegetables, led by tomatoes, shot up 37.3 per cent annually in July, while pulses, cereals, and spices witnessed double-digit inflation
The 12th round of talks between the countries is in progress here and is expected to continue until at least 28 August
The trade deficit narrowed to $20.67 billion in July from $25.45 billion a year ago but widened from $18.76 billion in June
As much as 51% of the nearly 6,500 tariff lines in Australia were already attracting zero import duty
Separately, Singh noted that the Centre is working to modify the scheme for sectors that have not performed as expected
Govt seeks clarity before joining trade pillar under IPEF
Led by Trade Minister Piyush Goyal, India's approach to FTA talks has seen a perceptible shift
PC sales during the upcoming festival season are expected to remain unhindered by the import restrictions
The official also said that Chile has also shown interest in a trade deal with India. Both countries had in 2005 also signed a preferential trade agreement
Within a day, the government officials said there will be a transition period for this policy without providing further details
Move coincides with India's efforts to become a major electronics maker
Discussions underway regarding the potential need for slight alterations to the production-linked incentive scheme to improve its execution
Draft e-commerce policy to be out in few weeks; stakeholder consultation process-led by Goyal held