January 2011

Nigeria, India bilateral trade at $8.7 billion

ZNET, 28 January 2011
India will intensify efforts to correct the yawning imbalance in bilateral trade with Nigeria. India is major importer of Nigerian crude and the balance of payments is skewed heavily in Nigeria’s favour. More…

Bangladesh hopes for $400 mn Indian investment

Sify News, 28 January 2011
Bangladesh hopes to attract Indian investments worth Taka 30 billion ($422 million) at the second Indo-Bangla trade fair to be held here in May, reducing its bilateral trade deficit. More…

India-China trade exceeds $ 60 billion

WAM, 28 January 2011
Trade between India and China crossed US$ 60 billion for the first time, exceeding actually the target set by the two countries for 2010 some time back. More…

‘India-Thailand trade can reach $12 billion by 2012’

Sify News, 25 January 2011
Bilateral trade between India and Thailand could go up to $12 billion by 2012 from the present level of $5-6 billion, Royal Thai Consul General in Kolkata Prasittidesh Vichitsorasatra said Monday. More…

Peru-India trade exchange expected to soar 25%

Andina, 25 January 2011
The Trade Exchange between Peru and India is expected to increase up 25 percent in the first three years of the implementation of a planned FTA, Peru’s Minister of Foreign Trade Carlos Posada announced. More…

CEPA with Malaysia, Japan likely next month: Sharma

Indian Express, 25 January 2011
India is likely to sign Comprehensive Economic Partnership Agreements (CEPA) with Japan and Malaysia next month, Union commerce and industry minister Anand Sharma said here on Monday. More…

Trade with India totals $2.6b

Viet Nam NEWS, 24 January 2011
Viet Nam and India posted bilateral trade of nearly US$2.6 billion in 2010, a dramatic rise on the $1 billion recorded in 2006. More…

Bangladesh, India open border land ports to boost trade

Sify News, 23 January 2011
Bangladesh and India have opened two land ports along the international border to boost bilateral trade and facilitate trading activity of neighbours Nepal and Bhutan. More…

India to invest $12 billion in Indonesia

BNO News, 24 January 2011
India is planning to invest around $12 billion in Indonesia as the country’s President Susilo Bambang Yudhoyono is set for his three-day visit to India, the Jakarta Globe reported. More…

India to host 2nd Made in Pakistan expo in March

The News, 24 January 2011
Confederation of Indian Industry (CII), in collaboration with High Commission of Pakistan in New Delhi, will arrange second Made in Pakistan exhibition from March 24 to 28 in Chandigarh, India More…

Indonesia and India to begin economic cooperation talks

BNO NEWS, 21 January 2011
With Indonesian President Susilo Bambang Yudhoyono’s scheduled visit to India next week, the two countries are expected to begin talks in order to enter a Comprehensive Economic Cooperation Agreement (CECA), the Business Standard reported Thursday. More…

India, UK to boost trade, improve market access

SME Times News, 21 January 2011
Union Minister for Commerce and Industry, Anand Sharma Wednesday met visiting UK Secretary of State for Business Innovation and Skills, Vincent Cable in New Delhi and discussed issues of bilateral trade cooperation and market access for both goods and services. More…

India, Korea target $30 billion in bilateral trade by 2014

The Economic Times, 20 January 2011
India’s trade with South Korea grew 44 per cent to nearly $15 billion in 2010, a year after the signing of the comprehensive economic partnership agreement (CEPA) with the country in August 2009. More…

India, Peru discuss ways to enhance bilateral trade

The Economic Times, 18 January 2011
India and Latin American country Peru today discussed ways to enhance economic cooperation and tap areas like minerals, hydrocarbons, engineering and IT. More…

India-Peru to enhance economic cooperation: Anand Sharma

Sify News, 17 January 2011
Commerce and Industry Minister Anand Sharma on Monday said that India and Peru should actively work together for enhancing economic cooperation. More…

Canada showcases trade, investment opportunities in Gujarat

Sify Finance, 17 January 2011
Canada was a partner country at the fifth edition of the biennial Vibrant Gujarat investors summit that was held last week in Gandhinagar, Gujarat. More…

Pakistan and Iran sign memorandum of understanding

Daily News, 14 Jan, 2011
Pakistan and Iran signed a memorandum of understanding Thursday aiming to expand bilateral trade from $1 billion to $4 billion over the next five years, according to reports. More…

UK wants India to open retail, raise FDI limit in defence

The economic Times, 14 Jan 2011
Britain wants India to open up retail sector and further liberalise defence and financial services to promote economic growth and deal with the food security problem. More…

India, China need to build ”more convergence”: Rao

One India News, 14 Jan 2011
Seeking “more convergence and common ground” in Sino-India ties, Foreign Secretary Nirupama Rao has said “a conflicted or contest-ridden” relationship cannot help the two countries, which should engage in a transparent dialogue to ensure peace and stability in the region. More…

Pakistan, Yemen agree to boost trade

The News, 03 January 2011
Both sides agreed to increase the present level of trade of $170 million, particularly in the field of pharmaceutical, oil, gas, rice, foodstuff, electric fans and footwear. More…

Textiles, machinery from Singapore to cost less

Business Line, 02 January 2011
The Finance Ministry has cut Customs duty on 539 manufactured items from Singapore. This is part of an agreed tariff elimination package under a bilateral free trade pact. The latest move will further stimulate trade in goods, which both sides want to double to $32 billion by 2015. More…

Vietnam-Russia relationship expected to grow and flourish

VOV News, 02 January 2011
As Vietnam and Russia are celebrating the 60th anniversary of diplomatic ties, their strategic partnership is promoted more than ever. More…