Page 2 - Cepa

Future of technology going to be driven by India: UAE's AI minister

Though technology is driven from places such as Bengaluru, Al Olama said it is coming from the rest of the world as well

India raises serious concerns over growing trade deficit with Korea

India has raised its "serious" concerns over the growing trade deficit with Korea, which stood at about USD 9.5 billion in 2021-22, an official statement said on Friday. The issue came up for discussion during the ninth 9th round of the India-Korea comprehensive economic partnership agreement up-gradation negotiation, which was held in Seoul on November 3-4. The two sides underlined the need to have negotiations based on a win-win approach and are forward-looking and outcome-oriented. During the meeting, sub-groups on trade in goods, services, rules of origin, investment, sanitary and phytosanitary/technical barriers to trade issues held in-depth discussions. "India raised serious concerns on the growing trade deficit between the two countries and discussed market access issues. Both sides agreed to work closely to address tariff and non-tariff barriers and deepen the relationship in the services sector," the commerce ministry said. They also shared a common view that both sides .

India Inc moves to Dubai in droves as emirate eases ownership rules

The CEPA aims to boost India-UAE bilateral trade to $100 billion in goods in the coming five years

Post FTA, non-petroleum exports to UAE up 14% in June-August: Govt

Growth in shipments to Emirates is 5x that to the rest of the world; surge primarily led by gems and jewellery, electrical equipment

CEPA: When it comes to trade with Bangladesh, India is far behind China

China accounted for 10.2 per cent of FDI investments in Bangladesh between 2014 and 2021, India's share was 3.9 per cent

FTA may boost India's exports to Bangladesh by $10 billion in five years

For Bangladesh, the potential of additional exports to India could range from $3 billion to $5 billion in a time span of 10 years

Sheikh Hasina likely to seek India's economic support during 4-day visit

Bangladesh's growth story runs into global economic instability, expensive fuel and slowdown in textile orders

India's exports up 16.22% during May-June to UAE after FTA implementation

The Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into force from May 1

India, Oman agree to have joint feasibility study on limited trade deal

The development is taking place at a time when India is set to begin deeper engagements with the Gulf Cooperation Council (GCC) countries towards inking a free trade agreement (FTA)

India-UAE free trade pact comes into force; to facilitate duty-free exports

In a symbolic gesture for operationalising the agreement, Commerce Secretary BVR Subrahmanyam handed over Certificates of Origin to three exporters from the gems and jewellery sector here

Do strategic interests rule over economic gains in India's new trade pacts?

While the commerce ministry expects the utilisation rate of the current round of trade deals to be higher, the choice of partners shows a close fit with India's geopolitical ambitions

India-Israel free trade agreement talks to gather pace next month

Discussions and negotiations for an FTA with Israel have been going on for over a decade

Limited gains

India should review its position on RCEP

India and Australia to sign interim trade pact on Saturday: Report

The pact will come into force at a mutually agreed date once it gets approval from the Union Cabinet in India and the Parliament in Australia

Opening up procurement

UAE trade agreement took a welcome new direction

Can opening of procurement market to UAE firms lead to a tricky situation?

India has finally inked free-trade agreement with UAE. Delhi has extended 'national treatment' status to UAE firms in bidding for central govt tenders. Why has it raised concerns in several quarters?

India, UAE to establish investment Council as part of CEPA

India and the UAE on Sunday have agreed to set up a technical council on Investment, Trade Promotion and Facilitation, as part of the Comprehensive Economic Partnership Agreement (CEPA)

Reprocessing scrap will boost India's steel production: Minister Ram Singh

Singh said India was producing over 118 million tonnes of steel and by 2030 it is planning to produce 300 million tonnes of steel

India and Canada set to relaunch free trade agreement talks

During April 2021-January 2022, Indian exports to Canada increased to $3 billion, up almost by a fourth as compared to a year ago.

India-UAE bilateral FTA: Upgrades in the export basket, shows data

The share of mineral products, pearls, precious stones and metals has declined, whereas machinery and appliances have climbed to double digits