This is one of the biggest seizures of restricted items in recent times at the port
Decide to work together to maximise potential of digital economies
Calls for self-reliance shouldn't come in the way of India's trade & investment negotiations with the EU
Commerce Minister Piyush Goyal says India is willing to have an 'early harvest trade deal' with the US for 50-100 export products and services
He said post Covid-19, the world is heading towards a more protectionist economy
Will convey India's position that key differences on trade, investment can be solved earlier
Apex exporters body warns blanket ban on Chinese goods will hurt Indian industry, pushes for FTAs blanket bans
Officials believe move can lead to an effective trading bloc against China's RCEP; business end of negotiations only by next year
In a written reply to the Rajya Sabha, Piyush Goyal said that while there has been growth in both imports and exports to these FTA partners, the utilisation rates of these pacts have been moderate
The matter was discussed in a Joint Ministerial Commission meeting between India and Australia, convened on February 24
Trade experts believe that the trend will continue in the coming years also as New Delhi and Washington are engaged in further deepening the economic ties
No, Sir. Presently, India is not negotiating a comprehensive FTA with the US," Commerce and Industry Minister Piyush Goyal said in a written reply to the Rajya Sabha
Customs duties and exemptions need to be streamlined
On November 4, Prime Minister Narendra Modi announced in Bangkok that India will not join RCEP as negotiations failed to address New Delhi's "outstanding issues and concerns"
The European Union and the US are not ideal for us to get into a binding FTA
ASEAN-India trade in goods agreement was signed on August 13, 2009, and entered into force on January 1, 2010
He also said the Coffee Board is trying to develop an Indian brand of coffee for export and the work in this regard is underway
The appliances and consumer electronics industry is projected to double to Rs 1.48 lakh crore by 2024-25, according to a report. The market is expected to see acceleration in growth on account of surging rural consumption, reducing replacement cycles, increasing penetration of retail, a wide choice of brands and products at various price points, it added. The industry had a total market size of Rs 76,400 crore in 2018-19, in which Rs 32,200 crore was contributed from domestic manufacturing, according to the joint report by CEAMA and Frost & Sullivan. The report is based on product categories, which include air conditioners, refrigerators, washing machines, television (TV) and audio. "The overall market size of the five categories covered in this project for the year FY19 is 76,400 crore and the market is estimated to grow at a CAGR (compound annual growth rate) of 11.7 per cent till FY25," the report said. It also suggests that domestic value addition for "ACE (appliances and ...
To focus on the RCEP, India had earlier decided to hold off talks on bilateral FTAs with both the nations
In the process of evolving comparative advantage, some sectors will lose out. This, however, is not typical of FTAs but of all trade