Macrh 2011

India amends trade policy to prohibit N-commerce with Iran

IBN Live, 31 March, 2011
India today amended its foreign trade policy to prohibit trade with Iran in material or equipment which can help Tehran’s nuclear or ballistic missile programme, a step aimed at bringing the provisions in tune with the UN Security Council resolutions. More…

Trade Pacts: India targets deals with Thailand & Indonesia now

The Economic Times, 31 March, 2011
NEW DELHI: India is looking to wrap up comprehensive trade pacts with Thailand and Indonesia, eyeing the lucrative health, education and accountancy sectors in the two Asean nations. While talks with Thailand have started, Indonesia is yet to put a negotiations team in place, despite President Susilo Bambang Yudhoyono announcing in January that talks would start soon. More…

Trade Agreement with SA Customs Union Faces Regulatory Hurdles

Business Standard, 29 March, 2011
The Preferential Trade Agreement (PTA) between India and South Africa Customs Union (SACU) has run into some regulatory issues even as both countries have vowed to achieve bilateral trade worth $15 billion by 2014 from around $10 billion at present. More…

SA-India Trade Booms

Times Live, 23 March 2011
India and South Africa have set the ambitious bilateral trade target of $15-billion (about R103-million) to be achieved within three years, India’s high commissioner in South Africa, Virendra Gupta, said yesterday. More…

Trade and Investment agencies eye new cities to attract investment

Business Standard, 23 March 2011
The Chandigarh chapter of the PHD Chamber recently organised an interactive session of industrialists in Baddi (Himachal Pradesh) with UK Trade & Investment (UKTI). Nothing unusual about the interactive event by UKTI with industrialists, which is a regular feature, except the event was held in Baddi. UKTI maintained the session at Baddi was their first session in the industrial town of Himachal Pradesh. More…

Growing relations with India will not come at China’s expense: Blake

Economic Times, 20 March, 2011
The US Assistant Secretary underlined that one of “highest objectives” of the US was to increase the integration of Central Asia and South Asia and the best way to do it was to promote the Afghanistan-Pakistan transit trade connecting India and Central Asia. More…

Vodafone top gainer in India number portability-trade

Times of India, 21 March, 2011
NEW DELHI: Vodafone’s India unit has so far gained the most following India’s move allowing mobile users to retain their numbers even when they switch carriers, data from an industry body showed on Friday. More…

India- Nigeria trade to reach $12 billion

The Economic Times, 17 March, 2011
New Delhi, March 16 (Coal Geology) Trade between India and Nigeria is expected to reach $12 billion in the 2010-11 fiscal, the commerce ministry said Wednesday. More…

India’s Trade Barriers Hampering Economic Ties: EU

The Economic Times, 17 March, 2011
BRUSSELS: India’s restrictive trade policy is hampering the economic ties with the European Union, says a report. More…

India Moves to Improve Trade with Pakistan

The Express Tribune, 18 March, 2011
In a bid to improve trade with Pakistan, which is valued at $50 million annually, India is establishing a check post on the Wagha border. More…

Ships from Indian Ports Refuse cargo to China

India Today, 17 march, 2011
India’s trade with Japan has ground to a halt with ships refusing to pick up cargo bound for the far-eastern nation from Indian ports. More…

Vision to Double India’s Share in Global Processed Food Trade by 2015

Press Information Bureau, Government of India, 16 March 2011
In order to increase level of processing and to promote Food Processing Industries to exploit both the domestic and international market potential for processed food products, Vision 2015 document has been finalized by the Ministry of Food Processing Industries (MFPI)…. More…

India Japan Atomic Deal Seen in Jeopardy

The Global Security Newswire, 15 March 2011
The future of a potential Japanese-Indian civilian atomic trade agreement was unclear in light of the developing nuclear disaster in Japan, the India Tribune reported on Sunday More…

Tsunami havoc may hit India, Japan trade

Deccan Herald, 12 March 2011
India’s trade with Japan is likely to be hit in the short term in the wake of the tsunami that struck the country and probable disruption of business activities due to large scale devastation, according to Ficcci. More…

Free-trade deal with Europe will help MNCs sue India globally

DNA; 10 March 2011
If India signs the free-trade agreement (FTA) with the European Union (EU) in its current form, the country would be opening its doors for getting sued internationally by foreign companies. More…

India-Brazil bilateral trade to touch $10 billion

The Hindu, 9 March 2011
India and Brazil on Tuesday decided to forge stronger trade and economic ties and decided to work towards achieving a target of $10 billion bilateral trade over the next few years from the $7.73 billion in 2010. More…

Israel formulates programme to boost exports to India, China

The Economic Times, 9 March 2011
JERUSALEM: Israel has formulated a three-year programme with a budget of 100 million shekels (approx USD 26 million) to boost its exports to target destinations, India and China. More…

India to draw up action plan to boost trade with Kuwait

Headlines India, 07 March 2011
It is a relationship fostered by the large Indian workforce but with untapped economic potential. Keen to invigorate its trade ties with Kuwait, India has asked its envoy in the oil-rich Gulf country to come up with an action plan to take mutual trade relations to a new level. More…