India-Myanmar: a half-built gateway
Asia Times, 30 November, 2011
When a group of Association of Southeast Asian Nations (ASEAN) ambassadors last year traveled the road from Imphal, in eastern India, to Moreh on the Myanmar border, the trip was officially arranged to show the diplomats India’s emerging land bridge to Southeast Asia. More…
Dhaka pushed for bridge connection with Tripura
The Assam Tribune, 30 November, 2011
The Ministry of External Affairs (MEA) has pushed Dhaka to conduct a joint survey for setting up a bridge connecting Bangladesh with South Tripura’s Sabroom subdivision, according to official sources here on Tuesday. More…
India, Australia trade talks may speed up
Live Mint, 30 November, 2011
Negotiations for a free trade agreement (FTA) between India and Australia may be put on the fast track after Australian Prime Minister Julia Gillard recently announced her willingness to sell uranium to India, setting aside her country’s longstanding reservations over supplying the nuclear fuel to the country. More…
Inflation will move to 6% level next fiscal, says Rangarajan
Business Standard, 29 November, 2011
While the ultimate impact of rupee depreciation on the economy will depend on what happens to the dollar price in relation to the international commodity market, the economy’s medium-term trajectory on the inflation front is going to be at six per cent level in the next fiscal, according to C Rangarajan, chairman, Prime Minister’s Economic Advisory Council. More…
Rupee depreciation unlikely to hit trade with India: Malaysia
The Economic Times, 28 November, 2011
Rupee depreciation against the US dollar is unlikely to hit bilateral trade between India and Malaysia, a senior Malaysian trade official said today. More…
Pak commerce minister to visit Amritsar trade expo
IBN Live, 28 November, 2011
Pakistan Commerce Minister Makhdoom Muhammad Amin Fahim has agreed to visit a trade expo to be organised here between December 1 and December 5, the PHD chamber said here today. More…
Pakistan business hits at barriers to India trade
The Dawn, 28 November, 2011
Cosmetics are smuggled by donkey through Afghanistan, chemicals and medicines track through Dubai. But only a fraction of legal trade travels directly from India to Pakistan. More…
It’s all about confidence: Pakistan gears up for Indian imports
The Express Tribune, 28 November, 2011
Negotiations for the ambitious India-EU free trade agreement (FTA) is on in “full steam” and in the final stages of “give-and-take”, even as the euro zone crisis has gripped all its 27 member-countries. More…
DTAA with Nepal will help strengthen bilateral ties: Pranab Mukherjee
DNA, 27 November, 2011
India’s Finance Minister Pranab Mukherjee today said Double Taxation Avoidance Agreement (DTAA) with Nepal will help strengthen bilateral ties and further expand trade and economic activities. More…
India plans to sell 500MW electricity to Pakistan
The News, 22 November, 2011
India plans to sell 500 megawatts power to Pakistan, according to an Indian newspaper on Monday. Officials of the two countries are scheduled to meet next month to finalise the tariff and grid connectivity. More…
India, EU finalise give-&-take in FTA
Business Standard, 22 November, 2011
Negotiations for the ambitious India-EU free trade agreement (FTA) is on in “full steam” and in the final stages of “give-and-take”, even as the euro zone crisis has gripped all its 27 member-countries. More…
India Germany bilateral trade to touch €20 billion in 2012
Hindustan Times, 21 November, 2011
India and Germany have set a target of €20 billion bilateral trade turnover by the end of 2012 with major German companies planning investments across sectors in India. More…
India-China bilateral trade may touch $100 bn by 2013
Business Standard, 21 November, 2011
Trade between India and China is likely to achieve the $100-billion mark by 2013, two years ahead of the target set in 2009 by governments of the two countries. More…
Pakistan army on board trade liberalisation with India
Business Standard, 21 November, 2011
Commerce minister Anand Sharma will travel to Pakistan in mid-February next year to take forward the already underway normalisation process, with Islamabad promising the most favoured nation (MFN) status to India and both sides promising last week to end their decades-old animosity by moving from a positive to a negative trading list like the rest of the world. More…
India’s iron ore export to China has colonial trade pattern: Official
IANS, 18 November, 2011
In a sharp indictment of the huge volumes of Indian iron ore being shipped to China without proper planning, a senior official of the central steel ministry Friday equated bilateral trade between India and China to “colonial trade”. More…
India, Russia will strive to galvanise bilateral trade
The Hindu, 18 November, 2011
India and Russia will strive to “galvanise” bilateral trade after it missed the $10 billion target set for last year. More…
India, Pakistan Work Toward Normalizing Trade
Voice of America, 18 November, 2011
Efforts by South Asian rivals India and Pakistan to normalize trade ties have received further momentum, with Pakistan agreeing to open most commerce with India. More…
Trade talks set to pave way for normal Pakistan, India relations
The Khaleej Times, 18 November, 2011
In their latest round in New Delhi, commerce secretaries of Pakistan and India have moved a notch further in the ultimate goal of normalising trade ties between the two countries. More…
PM to meet Obama, Wen in Bali
The Hindu, 17 November, 2011
Persisting terror threat from Afghanistan and Pakistan and implementation of civil nuclear deal are expected to figure prominently when Prime Minister Manmohan Singh and US President Barack Obama meet in Bali, Indonesia, on Friday, their first since the latter’s visit in New Delhi last year. More…
MFN status for India: Its pros and cons
The Nation, 17 November, 2011
Pakistan and India are neighbours, as well as two important members of the South Asian Association for Regional Cooperation (SAARC). There are immense potentials of cooperation in the sectors of trade, industry, research, technical cooperation, education and healthcare, but, unfortunately, have been neither availed nor explored. More…
Pakistan, India agree to normalise bilateral trade
Central Asia Online, 16 November, 2011
Pakistan and India November 15 agreed to normalise bilateral trade ties by eliminating tariffs and non-tariff barriers, Pakistan’s Daily Times reported November 16. More…
A new horizon for Korea-India ties
Korea Times, 13 November, 2011
India and South Korea have almost equal GDPs and rank among the world’s top 14 economies, showing highly commendable growth performance in the past two decades. More…
Indo-Pak Commerce Secy-level talks begin today
IBN Live, 10 November, 2011
The India-Pakistan Commerce Secretary level talks began on Monday, with the Most Favoured Nations (MFN) issue among the main agenda items. More…
Pakistan, India agree to turn a new leaf in bilateral ties
The News, 11 November, 2011
It was all milk and honey when the prime ministers of Pakistan and India had their significant meeting on the margins of the 17th Saarc summit here on Thursday morning. The meeting lasted more than 65 minutes, including 45 minutes of one-on-one interaction at a seaside beach cottage at the idyllic Shangri La resort hotel. More…
5th Russia-India Trade and Investments Forum opens in Moscow
UNI, 10 November, 2011
The 5th Russia-India Trade and Investments Forum opened here today with the participation of multi-sectoral delegations from both the countries. More…
Hasina, Manmohan to talk Teesta, transit issues
The Financial Express, 10 November, 2011
Sharing of water of common rivers including Teesta , bilateral trade and transit are likely to dominate the talks when prime ministers of Bangladesh and India meet exclusively in Addu Atoll island in the Maldives during a South Asian summit in a couple of days, diplomats and officials said on Wednesday. More…
India hopes for free trade in South Asia
Hindustan Times, 10 November, 2011
A day before the two-day SAARC summit kicks off in this southernmost Maldivian island, India on Wednesday hoped for progress on liberalisation of trade in the region and struck an optimistic note, saying it will work to promote a “South Asian identity”. More…
India, US must boost bilateral trade, says Frank Wisner in Pune
Daily Bhaskar, 09 November, 2011
Former US ambassador to India, Frank Wisner, said India was important to the US and that America supported the rise of India and was looking forward to more support from the Indian government for bilateral trade. More…
India, US move forward on investment protection treaty
Financial Chronicle, 08 November, 2011
The proposed India-US investment protection treaty is back on the negotiating table and is moving forward, Commerce Secretary Rahul Khullar said today. More…
Subsidy, visa fee not to hit Indo-US bilateral economic ties: Francisco J Sanchez
The Economic Times, 08 November, 2011
Differences over issues like subsidies or visa fees will not derail growing bilateral economic ties between India and the US, says US under secretary of commerce for international trade Francisco J Sanchez. More…
India, China to be world’s largest trading partners by 2030: ASSOCHAM
India Infoline News Service, 08 November, 2011
India and China can emerge as the world’s largest trading partners by 2030 with bilateral trade set to rise from 63 billion dollars now to 100 billion dollars in the next four years, industry body ASSOCHAM said today. More…
MFN status to open currency swap avenue in region
Pakistan Observer, 07 November, 2011
Prime Minister Syed Yusuf Raza Gilani is expected to make a formal announcement regarding MFN status to India in the SAARC Summit scheduled on November 10-11, in Maldives. The decision of the cabinet having a full support from President Zardari has provoked a volley of negative as well as positive remarks on the expected fallouts on the bilateral trade between the two countries. More…
Govt likely to bring reduction in import duties on high-end alcohol at India-EU FTA
The Economic Times, 07 November, 2011
Cheap European wines may not get any cheaper, but price of your favourite Scotch whiskey may drop once the proposed free trade agreement between India and the EU is in place. More…
Thai PM to be chief guest on Republic Day
Business Standard, 07 November, 2011
Yingluck Shinawatra, elected as Thailand’s first female prime minister in August this year, will be the chief guest for India’s 2012 Republic Day celebrations.
The two countries cooperate closely in the Association of Southeast Asian Nations, East Asia Summit, Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation groupings, Mekong Ganga Cooperation and Asia Cooperation Dialogue. The implementation of the India-ASEAN agreement on goods’ trade from January has further consolidated this partnership. More…
Top Pak ministers back MFN status to India
The Statesman, 04 November, 2011
Two senior Pakistani ministers today backed the government’s move to grant Most Favoured Nation (MFN) status to India amid the ambiguity and confusion over the process. More…
Saarc: PM may suggest economic integration
The Asian Age, 04 November, 2011
As Prime Minister Manmohan Singh heads for the Maldives next week to participate in the 17th Saarc summit, it is expected that he will be suggesting some mechanisms to promote a greater level of regional economic integration. More…
Canada eyes India for investment in trillion-dollar infrastructure plan
Reuters, 04 November, 2011
India is on Canada’s radar screen as it wishes to be a part of a trillion-dollar infrastructure plan to consolidate trade and investment ties with Asia’s third-largest economy, Canadian international trade minister Ed Fast said on Friday. More…
India-China bilateral trade to top $100 billion by 2015: Anand Sharma
Domain-b.com, 04 November, 2011
Bilateral trade between India and China, which amounted to a mere $2.3 billion in 2000-01, is expected to top the $100 billion-mark by 2015. More…
Swiss-Indian trade shows “fulgarant” growth, says Bern
Community Newspaper Online, 04 November, 2011
Trade between India and Switzerland, currently negotiating a bilateral free trade treaty, has grown at a “fulgerant” rate in the past 20 years, the Swiss Customs Office says. Exports from Switzerland to India grew by 18 percent in the first nine months of 2011 and have now crossed the threshold of CHF3 billion. More…
‘Trade with India will benefit Pak’
Hindustan Times, 04 November, 2011
Pakistan finally granted Most Favoured Nation status to India this week as prime minister Gilani told his cabinet that the country could not “continue to live in isolation” and regional trade will bring visible benefits to the country. More…
Pakistan to Boost Trade With India
The Wall Street Journal, 03 November, 2011
Pakistan agreed to normalize trading relations with India, a move that may give a boost to moribund talks aimed at improving relations between the hostile South Asian neighbors. More…
SM Krishna for linking south and central Asia
Hindustan Times, 03 November, 2011
Setting out it’s perspective for ‘Heart of Asia’ with Afghanistan at its centre, India on Wednesday stressed on its vision for a regional economic cooperation, with railways and highways, energy pipelines and cross-investments, reiterating on the idea of linking South Asia to Central Asia. More…
Saarc: India needs to lead the way
Deccan Chronicle, 03 November, 2011
The context in the subcontinent is changing in a manner that augurs well for closer regional economic linkages. … trends could provide an opportunity to infuse a much needed sense of purpose to Saarc. India should take the lead in re-programming Saarc for the next decade and ahead. More…