July 2014

WTO customs row: Member nations may exclude India from deal

Firstpost, 31 July, 2014
A group of World Trade Organization (WTO) members has informally discussed adopting a global overhaul of customs rules without India if New Delhi goes ahead with threats to block the deal, sources familiar with the talks said on Thursday. More…

How to make trade policy more inclusive

Business Line, 29 July, 2014
Home to a third of the world’s poor, India cannot afford to promote trade as an end in itself. More…

India has to decide on trade: Kerry

The Hindu, 29 July, 2014
India’s willingness to support a rules-based trading order and fulfil its obligations would help to welcome greater investment from the U.S., Secretary Kerry said. More…

US Lawmaker Asks Indian-Origin Officials about ‘Your Country’

NDTV, 26 July, 2014
A freshman US lawmaker committed an embarrassing faux pas when during a Congressional hearing he mistook two top Indian-origin American officials as representing the Indian government. More…

Right time to improve trade ties with India: US official

Business Standard, 25 July, 2014
Describing India as a huge market for US businesses, a top Obama Administration official has said it could be the right time to improve bilateral trade ties as there is a new government in charge in New Delhi. More…

Advance markets sought for longan

The Nation, 25 July, 2014
To prevent the price of longan from dropping during the harvest season, the International Trade Promotion Department will join forces with Asean, Chinese and Indian traders to sell the fruit at their store. More…

High duties to stay in India as gold imports surge

Mining Weekly, 17 July, 2014
India is unlikely to ease import restrictions on gold as a surge in inward shipments has taken the sheen off the country’s international trade performance. More…

Rajkot to host international trade show in November

Business Standard, 17 July, 2014
A Gujarat-based organisation will organise an international trade show here in a bid to attract investors to the Saurashtra-Kutch region. More…

ECGC signs pact with BRICS countries’ export credit insurance agencies

Business Line, 16 July, 2014
Export Credit Guarantee Corporation of India Ltd (ECGC) has signed a Memorandum of Understanding (MoU) on Co-operation with the Export Credit Insurance Agencies (ECA) of BRICS countries in Fortaleza, Brazil. More…

Develop value chains for trade advantage

Financial Express, 16 July, 2014
Value chains have been the most important development in understanding modern trade in recent years. More…

Commerce Secretary says government is committed to trade facilitation

Business Standard, 15 July, 2014
Commerce Secretary Rajeev Kher on Tuesday said that the organization is committed to trade facilitation at the CII National Council Meeting at New Delhi. More…

BRICS set up bank to counter Western hold on global finances

Reuters, 16 July, 2014
Leaders of the BRICS emerging market nations launched a $100 billion development Bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system. More…

New BRICS bank will give India a boost

Business Line, 14 July, 2014
India’s status in the world order could get elevated by the success of the proposed $100 billion New Development Bank and Contingency Reserve Arrangement proposed by the BRICS nations. More…

Workshop on export finance

The Times of India, 12 July, 2014
A Workshop on export finance, risk management and international trade was organized by Merchants’ Chamber of Uttar Pradesh and Federation of Indian Export Organizations (FIEO) jointly. More…

Ambiente India wraps up with 6525 trade visitors

Fibretofashion, 11 July, 2014
The first edition of Ambiente India, the new international offspring of the world’s most important consumer goods trade fair, closed its doors on 21 June at Pragati Maidan with an impressive visitor turnout. More…

Canada looks to India’s Modi to follow through on treaty protecting investors

The Globe and Mail, 08 July, 2014
The Canadian government hopes India’s new administration under Prime Minister Narendra Modi will finally sign and implement a bilateral foreign investor protection treaty that was negotiated years ago but has languished since. More…

US says Indian steel threaded rod being dumped, subsidised

Zee News, 08 July, 2014
The US Department of Commerce on Monday said that imports of steel threaded rod from India have been dumped and subsidised. More…

India vetoes WTO trade facilitation deal

Business Standard, 04 July, 2014
In yet another bid to push forward its demand in World Trade Organization’s (WTO) food stockholding programme, India on Friday refused to ratify the trade facilitation agreement (TFA) that was discussed during the ninth ministerial meeting in Bali, Indonesia. More…

State capital to host maiden international trade fair

The Times of India, 04 July, 2014
The state capital is all set to host its maiden international trade fair from Friday. The mega fair would bring exhibitors from across the nation and southeast Asia. More…

The positive side of India-Pakistan pharma trade

Business Recorder, 04 July, 2014
According to the economic think tank, Indian Council for Research on International Economic Relations (ICRIER), there is an untapped trade potential of USD1.6 billion between India and Pakistan. More…