December 2010

Cost of indifference being paid in Afghanistan

The Hindu, 30 December 2010
Diplomats point out that India’s guarded approach in dealing with Iran is evident in virtually all areas of potential cooperation, not just oil imports and the costs are beginning to be felt in Afghanistan. More…

India bans entry of Nepali garlic against trade pact

Nepal News, 30 December 2010
The southern neighbour has completely blocked the exports of Nepali garlic in its market for the last few days, it is learnt. This move on the part of India, Nepal’s largest trading partner, followed reports that Chinese garlic is making inroads into the Indian market in the name of Nepali garlic. More…

Vietnam-Japan two-way trade exceeds US$16 billion

VOV News, 30 December 2010
Vietnam-Japan bilateral trade value exceeded US$16 billion in 2010, up almost 24 percent over the previous year. More…

China’s direct investmentt in Vietnam surges 74.3% in 2010

China Knowledge, 30 December 2010
China’s direct investment in Vietnam was US$365 million this year, reflecting a year-on-year increase of 74.3%, according to the latest statistics from the Ministry of Planning and Investment of Vietnam. More…

Easing FDI rules will enhance trade

The Economic Times, 28 December 2010
The year 2010 will be remembered across India for multiple reasons and notable among them is India’s newly-assumed position as a key international trading partner. More…

India EU talks in Jan as sides look to meet deal deadline

Mint, 27 December 2010
During the January talks, both sides are expected to exchange offers on areas such as government procurement and services, in which negotiations are lagging behind. More…

India-Canada ties to see boost in 2011

The Economic Times, 27 December 2010
With the two countries pledging to double their bilateral trade from $5 billion in the next five years, ministerial visits from here are also likely to begin in January as about a dozen Canadian ministers and state premiers have visited India this year. More…

India and Canada bilateral trade to touch 15 billion Canadian dollar by 2015

DNA News, 22 December 2010
India and Canada aim at achieving a bilateral trade target of Canadian dollar (CAD) 15 billion in the next five years, a top government official said here in Mumbai. More…

Pakistan, Indonesia likely to sign PTA

Daily Times, 23 December 2010
Pakistan and Indonesia are expected to sign Preferential Trade Agreement (PTA) in first quarter of 2011, which would increase bilateral trade to around $ 2 billion in two years. More…

India second-best market for Oman’s non-oil exports

The Economic Times, 22 December 2010
Trade ties between India and Oman have grown exponentially in the last five years and bilateral trade between the two sides touched $ 4.5 billion between April, 2009 to March, 2010. More…

‘India-Singapore trade to hit SGD 30 bn this yr’

SME Times, 22 December 2010
India-Singapore bilateral trade is expected to surge by over 36 percent from SGD 22 billion in 2009 to SGD 29-30 billion this year, according to Indian High Commissioner to Singapore, T C A Raghavan. More…

Thailand for bilateral FTA with India

Deccan Herald, 21 December 2010
In the face of growing competition among emerging economies to have Free Trade Agreement (FTA) with India, Thailand, on Tuesday, indicated that it was keen to have a comprehensive trade pact with India in 2011 in a bid to boost bilateral trade. More…

India for deepening economic ties with Singapore

The Economic Times, 21 December 2010
India plans to deepen its economic ties with Singapore as part of its ‘Look East policy’, with bilateral trade expected to touch SGD 30 billion this year. More…

Waiting for a Date to Ink Trade Pact with India: Malaysia

Outlook India, 21 December 2010
Malaysia today said it is “waiting for a date” to ink a landmark Comprehensive Economic Cooperation Agreement with India, noting that both sides have already fulfilled all the requirements to institutionalise the trade pact and only the formal signing remains. More…

India sets $20 bn Russia trade target

Business Today, 21 December 2010
Commerce Minister Anand Sharma on Monday set an ambitious target of $20 billion for India-Russia trade by 2015 and said it was achievable provided all stakeholders put in concerted high efforts. More…

India second-best market for Oman

Gulf News, 21 December 2010
India is the second-biggest market for Oman’s non-oil exports, according to Anil Wadhwa, India’s Ambassador to Oman. More…

India-EU Deal Threatens Mom-and-Pop Retail

IPS News, 20 December 2010
Retail giants pushing the European Union-India free trade deal promise consumers a “new and dynamic retail experience” but ignore the fate of India’s “mom-and-pop” stores and some 40 million people they employ. More…

India starts river project in Myanmar

Sify News, 20 December 2010
India has begun construction of a river port and waterway terminal in Myanmar, aimed at promoting trade between the two countries. More…