Indo-Thai FTA to be more liberal than Indo-Asean pact: Surapong Tovichakchaikul, Thailand foreign minister
The Economic Times, 29 December, 2011
After Singapore and Malaysia, India is set to formalise a free trade agreement (FTA) in goods, services and investments with Thailand. More…
Delhi, Tokyo set $25b trade target by 2014
Oman Tribune, 29 December, 2011
India and Japan on Wednesday set a target to increase bilateral trade to $25 billion by 2014 and increase investments and economic cooperation. More…
November Indian Iron Ore Exports to China Fall
International Business Times, 27 December, 2011
India’s major state-owned ports shipped only 480 million tons of iron ore in November, a decline of 35.4 per cent from a year ago. Iron ore shipments through Paradip, one of the largest ports on India’s east coast in Orissa, plummeted 88.4 per cent to 148.6 million tons. Iron ore exports through Visakhapatnam port likewise fell 35.7 per cent to 93.3 million tons. More…
Peru completes first India FTA feasibility study
Andina, 27 December, 2011
Peru’s Ministry of Foreign Trade and Tourism (Mincetur) said on Monday it has completed the first unilateral feasibility study of the Free Trade Agreement (FTA) signed with India which will serve as basis for a bilateral feasibility study between both countries. More…
China looks beyond India for iron ore imports
Business Standard, 26 December, 2011
With exports of iron ore from India to China declining sharply and the Indian government mulling to canalise ore exports as a measure to curb illegal mining activities, China is looking out for alternate sources to meet its huge raw material requirement. More…
India Myanmar 5000 kms International car rally to kick off on 29 January 2012
Rushlane Daily Auto News, 26 December, 2011
The main idea behind such a rally is to build bilateral relations between the two countries and to increase activities beneficial to both countries such as culture, tourism and trade. More…
Indo-Aus ties touch new high with end of uranium irritant
The Economic Times, 25 December, 2011
Australia took a leap forward in pushing its relationship with India to a new high by reversing a long-standing ban on the export of uranium to it despite domestic opposition, paving the way for removal of a major irritant in bilateral ties. More…
Track-II diplomacy: A great leap forward needed to break impasse in Indo-Pak ties
The Tribune, 22 December, 2011
Diplomats, legislators, journalists and academics from India and Pakistan have stressed the need for a great leap forward to break the current impasse in bilateral engagement between the two countries. More…
Exporters support trade agreement negotiations with India
FIS India, 22 December, 2011
The president of the Association of Exporters (ADEX), Juan Varilias, argues it is important for the Government to try restarting talks with India to achieve a bilateral Free Trade Agreement (FTA). More…
Afghanistan seeks Indian investments in mining, agriculture sector
The Economic Times, 21 December, 2011
As it strives to stand on its own feet, Afghanistan has invited Indian investments in sectors like mining, agriculture and transport and to provide it the “backbone” after transition in 2014. More…
Indo-Pak to institute liberal visa regime for businessmen soon
Daily Times, 21 December, 2011
With Pakistan and India fast heading towards full normalisation of trade and economic relations, a very liberal visa policy is likely to be in place very soon as all formalities to this regard had already been agreed between the two sides. More…
Canada-India free trade talks progressing
South Asian Focus, 20 December, 2011
The Indo-Canadian business community was last week given an update on the third round of Canada-India free trade talks, held in New Delhi Dec 13-16. More…
India Inc to help Sri Lanka set up major projects
The Hindu, 17 December, 2011
Enthused by the good response received from the Sri Lankan government, captains of Indian industry have agreed to do their bit to balance the bilateral trade that is loaded heavily in favour of India. More…
Chinese firms to bid for Indian infra projects: Gang
The Hindu, 17 December, 2011
Chinese construction companies are gearing up to cash in on the opportunity offered by India’s plans of investing over USD 1 trillion in infrastructure in the next five years, a Chinese Embassy official said here on Friday. More…
India, Russia set sights on doubling trade in four years
The Hindu, 17 December, 2011
The 12th consecutive annual India-Russia summit saw the two sides taking more initiatives to boost economic ties, which have been an area of concern compared to the thriving cooperation in the nuclear, defence, science and space fields and international issues, both economic and political. More…
A few can’t decide for all at WTO: Anand Sharma
The Economic Times, 17 December, 2011
India has formally denounced suggestions made by some developed country members of the World Trade Organization for negotiating agreements among a critical mass of members, ignoring the on-going Doha round of global trade talks that involves all 153 members. More…
Nepal, India to strengthen power transmission links
Republica, 16 December, 2011
By expressing commitment to strengthen transmission interconnections for bilateral power exchange and effective power trade, technical experts from Nepal and India have put together minutes of the Power Exchange Committee meeting held in New Delhi on December 14-15. More…
Chinese manufacturers urged to produce in India
China Daily, 16 December, 2011
Chinese manufacturers especially the power equipment and telecom device makers shall establish their plants in India to make bilateral economic cooperation sustainable. More…
India and Russia to discuss comprehensive economic pact
The Hindu, 16 December, 2011
India and Russia will add another facet to their bilateral relationship by holding talks on a Comprehensive Economic Partnership Agreement (CEPA), an omnibus free trade agreement, during Prime Minister Manmohan Singh’s confabulations with the top Russian leadership here on Friday. More…
‘Small negative list can take India-Pakistan trade to $6 bn’
NVO News, 16 December, 2011
A “small” negative list of trade items between India and Pakistan, likely to be effective in February 2012, can increase their bilateral trade to around $6 billion in a few years, according to a Pakistani industry chamber. More…
SBI’s first branch opened in Jeddah
Arab News, 15 December, 2011
A fresh page was turned in the growing trade and banking ties between Saudi Arabia and India with the formal inauguration of the Jeddah branch of the Indian banking giant — … (SBI). More…
India, Russia to sign several bilateral agreements during PM’s Moscow visit
Truthdive, 14 December, 2011
The Prime Minister, Dr. Manmohan Singh, will be embarking upon a two-day visit to Moscow on Thursday for the 12th annual Summit meeting with the leadership of the Russian Federation. More…
New turn in Nepal-India power trade
The Himalayan Times, 14 December, 2011
Nepal and India have agreed, in principle, to engage in bilateral power trade on the basis of market-determined price mode (commercial mode). More…
Weak rupee may hit UAE exports to India but boost investment
Gulf News, 14 December, 2011
A temporary flight of capital from the UAE to India can be expected as the Indian rupee touched a record low for the second day …, members of the UAE’s Indian business community said. More…
Karzai should take a leaf out of India’s book: Pak’s U.N. envoy
The Hindu, 14 December, 2011
Afghanistan’s “accusatory” stance towards Pakistan will not help bilateral ties, Islamabad’s envoy at the UN has said, advising President Hamid Karzai to “take a leaf out of India’s book” and learn from the “enormous maturity” it has shown in dealing with issues. More…
India, U.S. Commit to “Full Implementation” of Atomic Trade Deal
Global Security Newswire, 13 December, 2011
The United States and India are determined to see their landmark atomic trade accord put into action, the U.S. State Department’s No. 2 diplomat said on Monday in New Delhi. More…
India and Oman: Promises to keep
Oman Observer, 12 December, 2011
Through the centuries, monsoon winds and the Indian Ocean have ensured a steady flow of humans, goods, ideas and influences between India and Oman — two ancient and proud nations. More…
Khullar set to be ambassador to EU at Brussels
BBC, 11 December, 2011
Ambitious as its sounds, Karuturi Global is now one of the biggest private land owners in the world. They have invested over a quarter of a billion dollars in Ethiopia and Kenya alone. More…
Indian business delegation to meet Sri Lankan Prez tomorrow
The MSN News, 11 December, 2011
An Indian business delegation will meet Sri Lankan President Mahinda Rajapaksa tomorrow and discuss ways to strengthen economic ties between the two neighbours. More…
Khullar set to be ambassador to EU at Brussels
The Times of India, 09 December, 2011
Commerce secretary Rahul Khullar is set to move to Brussels as India’s ambassador to the European Union at time when the government is negotiating a bilateral trade and investment agreement with the 27-nation trading bloc. …, industry secretary PK Chaudhery and financial services secretary DK Mittal are seen as the two top contenders for the job . More…
India worried over rising trade gap with China; NSC secretariat sends out note detailing concerns
The Economic Times, 09 December, 2011
The widening trade deficit with China has the country’s strategic establishment worried, providing backing to the commerce department’s move to restrict imports as part of its ‘China strategy’ while pressing for free-trade agreements with other countries to diversify sourcing. More…
India, Canada Sign Pact to Boost Diamond Trade
Diamonds Net, 09 December, 2011
Indo-Canada Chamber of Commerce (ICCC) and the Diamond Bourse of Canada (DBC) have signed a memorandum of understanding to boost bilateral trade and investment in the diamond sector. More…
Two Indian trade expos in Pakistan next year
IANS, 08 December, 2011
The Federation of Indian Chambers of Commerce and Industry and the Punjab-Haryana-Delhi Chamber will organise two separate “Made in India” exhibitions in Pakistan in February and March 2012. More…
UPDATE: India Puts Foreign Investment In Retail On Hold – Trade Minister
The Wall Street Journal, 07 December, 2011
The Indian government, buckling under relentless pressure from the opposition over the past couple of weeks, Wednesday confirmed that it has decided to suspend the recently announced easing of foreign investment rules in retail. More…
Indo-Pak trade bodies to hold ‘Made in India’ exhibitions
Daily Times, 08 December, 2011
Federation of Indian Chambers of Commerce and Industry (FICCI) and Punjab-Haryana-Delhi Chamber of Commerce and Industry (PHDCCI) will hold two separate ‘Made in India exhibitions’ in Pakistan in February 2012 and March 2012 respectively. More…
FTA will bolster India-Israel trade: Envoy
The Economic Times, 07 December, 2011
Bilateral trade between India and Israel is likely to grow to $15 billion from the present $5 billion if the two sides agree to sign a Free Trade Agreement (FTA), Israeli Ambassador to India Alon Ushpiz. More…
India, Israel close to finalising free trade pact
The Business Line, 07 December, 2011
With India and Israel being at an advanced stage of finalising a free trade agreement, the bilateral trade is likely to touch $15 billion from around $5 billion now, said … Ambassador of Israel to India. More…
India, Nepal sign agreement to enhance bilateral trade and investment
Prasar Bharti, 06 December, 2011
India and Nepal today signed an agreement to enhance bilateral trade and investment. The pact was signed after the two day Commerce Secretary level talks between the two countries. More…
Scope to improve Indo-Pak bilateral trade to US$ 6bn
Fibre2Fashion, 06 December, 2011
There is a scope to improve bilateral trade between India and Pakistan to US$ 6 billion by taking necessary steps to promote trade between the two neighbouring countries. More…
India has stakes in wider Gulf region, says official
Arab News, 06 December, 2011
India’s National Security Adviser Shivshankar Menon said in Riyadh on Monday that the energy-rich Gulf states had a special focus in his country’s foreign policy with New Delhi emerging as a strong strategic partner in the stability, security and economic wellbeing of the region. More…
Pakistan businessmen seek liberal visa regime
The Hindu, 05 December, 2011
Asserting that bilateral trade between India and Pakistan could be a game changer for the region, a business delegation of the Lahore Chamber of Commerce and Industry (LCCI) on Monday sought a liberal visa regime besides addressing issues pertaining to non-tariff barriers. More…
Cepal Enhances Potential for India-LAm Nexuses
Prensa Latina, 05 December, 2011
There is great potential to increase trade of goods and services between India and Latin American countries, the Economic Commission for Latin America and the Caribbean (CEPAL) said. More…
Rising imports widen trade deficit with China
Business Standard, 05 December, 2011
The trade deficit with China continues to soar at a blistering pace even as India is looking at aggressively increasing and strategising the reach of its products into the Chinese markets. More…
Bilateral trade: MFN status a positive development: Indian economist
The Express Tribune, 04 December, 2011
Pradeep S Mehta, an economist from Jaipur, India, was also of the view that the recent development would facilitate the resumption of the composite dialogue process, during a lecture on ‘Cost of Non-cooperation in South Asia’ held by Sustainable Development Policy Institute (SDPI) on Friday. More…
New trade route for E. Bhutan exports
Kuensel Online, 03 December, 2011
The business community of eastern Bhutan now has the option of using a recently identified trade route to export and import goods to Bangladesh, …. The additional route, would further shorten the existing distance by about 300km, saving on transportation costs and time. The shorter route passes through a place called Ummulong near the Jowai city in Meghalaya (India) to reach Dwaki. More…
Indo-Pak trade has potential of highest growth
Pak Observer, 03 December, 2011
While highlighting the critical issues and comparative advantages, the speakers said that there will be a huge peace dividend if trade relations between India and Pakistan are strengthened. More…
LCCI delegation to visit India on Friday
International News Network, 02 December, 2011
A hundred-member LCCI delegation, led by its President Irfan Qaiser Sheikh, is leaving for India on Friday (December 2) on a five-day visit to take up Non-Tariff Barriers and other bilateral trade related issues with their counterparts. More…
Nepal’s Foreign Policy: Tied up with course of China-India relations
Telegraph Nepal, 02 December, 2011
The Federation of Indian Export Organisation(FIEO) and Federation of Pakistan Chamber of Commerce and Industry(FPCCI) would soon sign a memorandum of understanding for boosting trade and economic relations between the two countries. More…
Caucus to urge US for bilateral investment treaty with India
Rediff News, 01 December, 2011
The US Senate India Caucus will shortly write to President Obama urging him to push for a bilateral investment treaty with India, the Democratic co-chair of the Caucus, Senator Mark Warner of Virginia said here on Tuesday. More…
Indian embassy in Beijing issues advisory on fake China firms
The Times of India, 01 December, 2011
Alarmed by increasing incidents of Indian firms being cheated by their Chinese counterparts, the Indian embassy here has put out an advisory warning traders from entering into any financial dealings, without doing due diligence first. More…
Links with India go beyond business interests
Gulf News, 01 December, 2011
The history of the UAE’s trade is intricately linked to that of India. India, in many ways, helped shape the trade of the then Trucial States, whose currency, the rupee, was in circulation before the Gulf states launched their own currencies. More…