Page 18 - Trade Talks

India, US renew global development partnership deal for 5 years

India and the US on Friday renewed for another five years a global development partnership agreement that provides for jointly offering assistance to their partner countries in areas of connectivity, trade and investments, healthcare and agriculture. Both sides signed the second amendment to the Statement of Guiding Principles (SGP) on Triangular Cooperation for Global Development, the Ministry of External Affairs said. The SGP agreement was signed in November 2014 and the fresh amendment extended the pact's validity up to 2026. "Under the agreement, India and US will continue to offer capacity building assistance to partner countries in multiple sectors, focusing primarily on agriculture, regional connectivity, trade and investments, nutrition, health, clean and renewable energy, women empowerment, disaster preparedness, water, sanitation, education and institution building," the MEA said. The US embassy said the SGP between the US and India leverages the combined capacities of th

India improves ranking in trade facilitation aided by various reforms

India has significantly improved its ranking in terms of trade facilitation due to various reforms undertaken by various departments especially customs under the Central Board of Indirect Taxes

Members pledged to conclude negotiations for fisheries subsidies soon: WTO

Member countries of the World Trade Organization have pledged to conclude the negotiations soon for the fisheries subsidies agreement, which would set new rules for the global fisheries industry

Think tank recommends India to establish new trade negotiating body

A think tank paper has recommended India to establish a new body of experienced trade negotiators with a designated trade representative within the ministry of commerce

Right time for India to resolve trade disputes with US

The Biden administration can now move forward to strengthen the WTO dispute settlement process by clearing the way for appointment of requisite number of members to its appellate body

FTA hesitancy

Govt and industry must be open to free trade pacts

US, China trade officials hold 'candid' talks in first call: Report

In contrast with much of the rest of the bilateral relationship, trade has been one of the less contentious issues recently.

Britain launches 14-week consultation before starting India trade talks

Britain is launching a 14-week consultation on a future trade deal with India, seeking the views of the public and business before trade minister Liz Truss hopes to begin talks later this year

Scotland seeks to ramp up trade and investment ties with India

Scottish exports to India today are modest. In 2018, goods and services accounted for £295 million or just 0.9 per cent of Scotland's international exports

India, UK unveil 10-year road map to elevate bilateral trade partnership

Announce £1 bn worth of new investment

Biden could revive but not reset WTO

Calls for reforming the WTO grew louder even before Donald Trump took centre-stage in the US

Australia ups ante in China trade row with appeal to WTO on barley tariffs

The appeal to the independent trade body threatens to further stoke bilateral tensions that have already seen China impose tariffs on a range of Australian commodities

PLI expansion, duty remission on table at trade meeting over FTP

The five-year policy will be crucial in the post-pandemic era as India focuses on reviving economic activities

India, Myanmar discusses ways to boost bilateral trade to utilise potential

India and Myanmar on Tuesday discussed ways to boost bilateral trade as the current level of two-way commerce is not reflective of the true potential.

Brexit trade talks still have 'substantial work' ahead: European Union

A top European Union official said Wednesday that trade talks with the United Kingdom still face substantial work" that might spill over into next week

EU starts legal action against UK as Brexit trade talks hit impasse

EU deadline for govt to remove sections of Internal Market Bill expired on Wednesday

More dark clouds over trade

We have been witnessing an exacerbation and an amplification of existing trade tensions

India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out certain issues and further boost two-way commerce

Global trade may plummet between 13% to 32%, WTO sees 'ugly' numbers

'These numbers are ugly - there is no getting around that,' World Trade Organisation Director-General Roberto Azevedo said

Britain opens trade talks with EU, threatens to leave if no progress made

At the heart of the conflict is Britain's demand for a trade deal along the lines of one between the EU and Canada