Page 6 - Trade Policy

India-US Trade Policy Forum meeting expected soon, says Piyush Goyal

Asserts Indian exports not impacted by GSP, says India looking to have very contemporary and modern digital laws, while maintaining high levels of data privacy

Here is why China may not impose stronger trade restrictions on Taiwan

The value of trade targeted by China's sanctions contributes a tiny amount of less than 1% to Taiwan's gross domestic product, according to economists

Commerce ministry issues norms for engaging consultants

The terms of reference for engagements shall include the functions to be performed and the outputs to be delivered

Trade settlement in rupee: Banks seek clarity on fund repatriation

Banks also raised the question to the RBI as to why the surplus balances in Vostro accounts could only be invested in government securities and not corporate debt

India set to be self-sufficient in urea by 2025 with six new plants

The commissioning of new plants is expected to bring down import dependency to less than half the current levels

Exports up 15.46% in May; trade deficit widens to a record $23.3 billion

India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May

Indian trade pacts must lower tariff on alcoholic drinks: Think tank

Such beverages will be 'key issue' in discussions as country seeks access to large markets, says ICRIER report.

Consistent trade policy

Ad hoc tariffs and duties must be avoided

How rupee-ruble trade mechanism is shaping up

India is exploring a rupee-rouble trade mechanism with Russia to circumvent the sanctions on Moscow by the US and its allies. What are the options and how feasible will they be in the long run?

Hope to launch trade negotiations with Canada in 2-3 months: Piyush Goyal

Talks with the UK are expected to be launched later this month

Third round of India-UAE free-trade pact talks in Delhi from Dec 6-10

Under a free-trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them

Revived trade policy forum stepping stone for India-US trade agreement

Both nations hope to reach some kind of understanding to resolve issues pertaining to agriculture, non-agriculture goods, services, investments, over the next six to eight minths

India, US aim for specific Trade Policy Forum outcome by mid 2022

Bilateral trade between both nations expected to surpass $100 billion mark

Kissinger's monumental blunder

His suggested policies benefited China hugely

Compliance and control

New e-commerce rules expand govt role in the business

US, China trade war costs global value chains 3-5 years of growth, says UN

Report researching the post-pandemic future of global value chains found that trade within those supply lines shrank in absolute terms.

DGTR puts up anti-absorption draft norms

The DGTR has framed the draft rules outlining the processes that will be followed for conducting the necessary investigations

Saving people from disease better than shielding industry

Should the govt policy benefit a few manufacturers through protection from imports or a large number of people via easier access to cheaper devices that help reduce chances of contracting diseases?

Waiting for members to start talks on TRIPS waiver, tech transfer: WTO

The director-general also praised India for exporting vaccines to other countries.

Government likely to extend further existing foreign trade policy

Officials said that a delay in spelling out a fresh five-year roadmap on international trade will give policymakers more time to take decisions on crucial policies