Page 7 - Trade Policy

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

Learning to be flexible in a changing world

As India looks to solidify its position as a competitive global commerce hub, it is essential to deepen economic integration and lower trade costs. The key to achieving this is trade digitisation

Foreign trade policy 2021-26 to focus on MSMEs, new export potential

Online data will be available to govt, industry; will help domestic producers analyse market potential for goods

Dealing with tariff complaints

WTO's India review shows protectionism has alienated partners

NDMC show-cause notice to Le Meridien Hotel for continuing trade activity

The New Delhi Municipal Council has issued a show-cause notice to the Le Meridien Hotel for allegedly operating restaurants, lodging house and other licensable trade activities

Make in America

Joe Biden's executive order raises concerns

WTO report warns of protectionist policy in non-digital sectors

The WTR notes that many government policies still retain 'defensive' aspects, particularly in mature non-digital sectors that are subjected to intense competition and technological transition

Exports may be muted as WTO warns of growth slowdown in global trade

Exports had recovered 5 per cent in September after months of contraction.