May 2010

India GDP Expands 8.6%

Wall Street Journal, 31 May 2010
India’s economy grew 8.6% from a year earlier in the January-March quarter, driven mainly by strong performance of the manufacturing sector and a recovery in farm output, showed data issued by the Central Statistical Organisation Monday. More…

ASEAN envoys to visit northeast to boost trade, tourism

Sify Finance, 31 May 2010
Diplomats of the Association of Southeast Asian Nations (ASEAN) will soon visit the northeastern states to explore possibilities of promoting tourism and trade, officials said here Monday. More…

India, U.S. seek to bridge prickly gaps in ties

Reuters, 31 May 2010
India and the United States this week hold their first strategic dialogue, testing a pledge from the Obama administration that it really does consider New Delhi a global partner. More…

Prez seeks access for Indian pharma, IT services in China

The Economic Times, 28 May 2010
Although hers is only a goodwill visit, President Pratibha Patil did not lose the opportunity of reminding the Chinese leadership of the huge trade imbalance between the two sides More…

India can turn euro crisis into opportunity

Times of India, 28 May 2010
India’s trade with EU as percentage of GDP has declined from 27% in 1992 to 23% in 2009. Europe’s crisis has again brought dollar to the centrestage. More…

Indo-Lanka Free Trade Agreement marks 10 years

Ceylon Daily News, 25 May 2010
Sri Lanka’s overall trade with India is growing closer to six fold and exports from Sri Lanka are growing ten fold. More…

India ousts China to dominate UAE trade

Emirates Business 24/7, May 25 2010
India became the UAE’s largest trading partner in 2009 by ousting China from the top position and accounting for nearly 15 per cent of the country’s total commercial exchange, according to semi-official data More…

India to establish trade centre in Trinidad

The Indian.com, 23 May 2010
A permanent India Trade Centre will be set up in Trinidad and Tobago, a country where 44 percent of the population is of Indian origin. More…

India For Further Expanding Trade Ties With Nigeria

The Indian Journal, 21 May 2010
ABUJA – India has expressed keen interest in further expanding its trade ties with Nigeria, even as the country has become the African nation’s second largest trading partner with the total volume of trade of $10.3 billion. More…

Nigeria’s bilateral trade volume with India hits $10 billion

Nigeria Guardian News, 13 May 2010
Trade relations between Nigerian and India may be on the upswing, as both countries, yesterday, initiated steps to promote bilateral economic ties, which have so far raised the trade volume between the two countries to $10 billion. More…

India’s Industrial Growth Slows

WSJ, 12 May 2010
India’s industrial output rose 13.5% in March from a year earlier, marking a third straight month of slower expansion, but analysts said the manufacturing sector will continue to drive strong economic growth in months ahead. More…

S’pore, India to boost trade

The Straits Times, 12 May 2010
Singapore and India said yesterday that they expect to double bilateral trade in five years as trade ministers of the two nations launched the second review of their landmark Comprehensive Economic Cooperation Agreement (CECA). More…

South Africa to speed up talks for trade agreement with India

PTI, 11 May 2010
Talks for preferential trade agreement between India and the Southern African Customs Union (SACU) would be intensified, South Africa&aposs Trade and Industry minister Rob Davies has said. More…

SAARC Chamber urges MFN status for India

The News International, 11 May 2010
The trade association of the South Asian countries has asked Islamabad to grant most-favoured nation (MFN) status to India, which would not only bring down the cost of imports, but give Pakistani exports an access to the vast Indian market. More…

India, Singapore to review trade pact tomorrow

The Economic Times, 10 May 2010
Commerce Minister Anand Sharma and his Singaporean counterpart Lim Hng Kiang will review the comprehensive trade pact between the two countries in New Delhi tomorrow. More…

India’s March trade deficit at $7.83 bln: Govt

The Economic Times, 10 May 2010
India’s trade deficit stood at $7.83 billion in March and at $102.1 billion in the 2009/10 fiscal year, the government said in a statement on Monday. More…

India, Singapore to review economic partnership

Livemint.com, 09 May 2010
India and Singapore will review their comprehensive economic partnership agreement, or Cepa, to expand the scope of liberalization, both in goods and services. More…

Trade with India set to reach US$500m by 2011

Guardian, 08 May 2010
Trade between T&T and India is expected to reach US$500 million by 2011, says Ram Bissoon, director of the T&T Chamber of Industry and Commerce. More…

Wahgah border for Indo-Afghan trade

Business Recorder, 08 May 2010
Pakistan has reportedly softened its stance on opening of Wahgah border for trade of goods from India under Washington-pushed Afghanistan-Pakistan transit trade agreement (APTTA) but has not gives any final timeframe, sources told Business Recorder. More…

India trade secy says favours wheat exports

Reuters, 05 May 2010
India’s trade ministry is in favour of wheat exports as the country has a huge surplus, but the decision to lift the three-year old ban on overseas sales of the grain would be taken by the farm ministry, a top official said on Tuesday. More…

India opposes move to link CSR, trade

The Economic Times, 05 May 2010
India is trying to mobilise opinion against the proposed international standard on corporate social responsibility that could give legal sanction to developed countries to reject exports from developing countries like India. More…

Australia-India Take First Step Toward Free Trade Pact-Minister

Nasdaq, 04 May 2010
Australia and India have taken the first step toward a free trade agreement, with the conclusion of a joint feasibility study touting the economic benefits of such a pact, Australian Trade Minister Simon Crean said late Tuesday. More…

Non-trade issues not to hamper trade talks with EU

The Hindu, 04 May 2010
Asserting that India and EU talks on the Free Trade Agreement (FTA) were on track, European Union (EU) delegation head and Ambassador Danielle Smadja on Tuesday said differences over child labour and environmental issues would not hamper the conclusion of the trade agreement between the two countries. More…

India, Cuba: New Business Opportunities

Cuba New Headlines, 03 May 2010
New business opportunities between India and Cuba emerged on Friday, with the presence of three Cuban representatives at an Indian-Latin American trade meeting that took place in this capital. More…

Aus Trade Minister on six-day visit to India

PTI, 02 May 2010
Australian Trade Minister Simon Crean will embark on a six-day visit to India to boost trade ties and discuss the feasibility of a Free Trade Agreement, besides reviewing security arrangements for his country’s contingent for the Commonwealth Games. More…

India, Japan set to conclude trade pact in 2010: Minister

Lanka Business Online, 01 May 2010
India and Japan should be able to conclude a free trade pact to liberalise commerce this year, a minister said Friday. More…