Page 19 - Free Trade Agreement

U.K. aims for free trade agreement with India in latest post-Brexit push

U.K. and India want to double trade between their two countries by 2030, up from about 23 billion pounds ($33 billion) in 2019.

A pivotal moment

Free trade agreement with EU remains a long haul

Growing protectionism to make FTA with European Union tough, say experts

Experts said reducing tariffs and negotiations could be complex as the markets have changed over the past few years.

India, Mauritius FTA to come into effect from Apr 1

Several Indian products will enjoy the benefit of greater market access at concessional duties in Mauritius as the FTA signed between the two countries will come into effect from April 1

India-Mauritius pact: A pan-African dimension to an otherwise limited deal

Covering limited items of exports between the two nations, the deal could nevertheless help New Delhi enter not both Africa and Europe, without having to sign an FTA with either

India, Bangladesh to move forward on feasibility study for detailed FTA

India and Bangladesh on Monday decided to move forward expeditiously on a feasibility study for comprehensive free trade agreement to further strengthen economic ties between the two countries.

India should now aggressively pursue FTAs with EU, UK: Trade experts

With European Union and the UK clinching a post-Brexit trade pact, India should now aggressively pursue free trade agreements (FTAs) separately with both the regions, according to experts. Although it is premature to assess the gains for India from the agreement between European Union (EU) and the UK, Indian goods would not get much benefit from this pact, they said. However, India can explore opportunities in service sectors like IT, architecture, research and development and engineering in both the markets as the EU-UK pact does not cover services, they added. "There is not much gain for Indian goods, but we can gain in services sector in both the UK and EU markets. We will gain more in the UK market as we are English speaking country," Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said. He said there are no specific customs duty benefits for domestic goods from this agreement. "Now we should push the FTA negotiations with both the EU and the UK. .

Jaishankar speaking language of 70s by railing against FTAs: Chidambaram

'I must express my dismay over the speech by foreign minister... when he railed against trade agreements and praised the virtues of protectionism,' Chidambaram says

RCEP with China, minus India: Is the trade deal a threat or opportunity?

In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more

RCEP decoded: Why India chose to stay out of Asia's mega free trade pact

Indian business community felt it would be swamped by imports with low duties, which it would not be able to compete with. The govt decided that it cannot afford to take the chance

15 Asian nations sign world's largest trade agreement backed by China

The RCEP was signed after eight years of negotiations at the conclusion of annual summit of Southeast Asian leaders and their regional partners, held virtually this year due to the Covid-19 pandemic

Asia pacific nations including China set eyes on FTA to be signed on Sunday

Fifteen Asia-Pacific nations including China aim to clinch the world's largest free-trade agreement this weekend

UK firms say India has become easier for business, want solution to tax row

Annual report on UK companies says retrospective amendment to India's Income Tax Act is a dampener.

US hints at possibility of reducing trade, investment barriers with India

Earlier this year, in July, Commerce and Industry Minister Piyush Goyal and the US Secretary of Commerce, Wilbur Ross, had discussed the possibility of an FTA agreement between both the countries

'AC import ban to protect domestic firms from free imports via FTA route'

The government's move to ban imports of finished air-conditioners will hit small fly-by-night operators and Chinese firms which launch their products during peak summer season and disrupt market

Chinese foreign minister begins Southeast Asian tour in Cambodia, sign FTA

China's foreign ministry announced that Foreign Minister Wang Yi will make official visits this week to Cambodia, Malaysia, Laos and Thailand, along with a transit visit to Singapore

Customs department seeks to allay free-trade agreements misuse concerns

A new provision was introduced in February in the Customs Act for strict verification of rules of origin of imports under FTAs

Centre's FTA norms led Samsung to resume local television production

Samsung, which holds more than 27% of the local TV market, has been importing finished sets from Vietnam, where it has a large production-cum-assembly base

APEC expects 40% increase in apparel exports led by medical textiles

Council chief Welcomes Govt's readiness to sign limited deal with US, urges review of key trading pacts in order to remove disadvantages

Customs busts smuggling racket in Agarbattis through ASEAN FTA misuse

This is one of the biggest seizures of restricted items in recent times at the port