India has proposed a tariff rate quota (TRQ) that will impose a ceiling on the number of PVs (under 100,000 units) to be allowed to be imported on a concessional tariff
A deferment through mutual agreement of an appeal will give both parties time to resolve the dispute
In the previous ministerial (MC12), India was hoping to get a permanent solution to the public stockholding issue for food security
Meetings between Indian, European Union officials set to take place today
The industrial corridors can be operationalised by expediting land acquisition, facilitating the implementation of external infrastructure linkages, among other things
Government officials said there will be more rounds of stakeholder and legal consultations will take place before the text is finalised
The trading sector amassed $4.79 billion in FDI but contracted YoY
A finance task force will unlock financing of start-ups in general for nations to invest in these enterprises and also for cross-border investments
The scheme was announced by DGFT in the Foreign Trade Policy (FTP) on March 31 and is set to benefit 2,500-3,000 exporters
Minister says many countries keen on fast-tracking FTA with India now
It also called for a favourable policy environment for startups through tax incentives and has recommended enabling measures to ease the cross-border flow of capital across G20 nations
These items are mostly made by small firms while scheme focuses on scale production; Small firms don't need PLI--they need access to tech and low-cost finance through separate schemes
Going forward, the focus will be development of a region as a whole, a senior government official said, adding that towards this, as many as 100 projects for area planning has already been taken up
No FDI, only tech transfer by Chinese fast-fashion retailer
The scheme was announced by the DGFT in the Foreign Trade Policy on 31 March and is set to benefit 2,500-3,000 exporters
After first meeting in Brussels on Tuesday, co-chairs of trade and tech council will meet again in early 2024 in India to take stock
India and the EU had in April last year agreed to establish a "Trade and Technology Council", to tackle the challenges at the nexus of trade, trusted technology and security
Shipments to six of top 10 markets saw a decline in April
Demand scenario not 'very optimistic': DGFT
Sarangi also said that the government hopes to make substantial progress in the India-UK free trade agreement (FTA) in the 10th round of negotiations from 5-9 June in the national capital