India, Russia target $20 billion trade by 2015
Sify Finance, 30 September 2010
India is targeting to increase its trade with Russia to $20 billion by 2015 from the current $4.54 billion, as the two countries seek greater cooperation in pharmaceutical, technology, agriculture and automobile sectors, said Commerce and Industry Minister Anand Sharma. More…
Japan targets India for increased trade
Deccan Herald, 28 September 2010
Japan seems to be written all over India’s official calendars. The commerce minister was in Tokyo in early September after agreeing ‘in principle’ to an Economic Partnership Agreement (EPA) with Japan. Prime Minister Manmohan Singh will be in Tokyo in October to sign that deal once the Cabinet clears it. More…
Govt set to impose fees for Nepal-Bangla road transit
The Financial Express, 28 September 2010
The government is set to charge a fee for using the country’s road as traffic-in-transit under the operating modalities for the carriage of transit cargo between Bangladesh and Nepal. More…
India and Germany have the potential to double bilateral trade upto 30 billion by 2014: CII
IndLaw News, 28 September 2010
The Confederation of Indian Industry (CII) said India and Germany have the potential to double their bilateral trade upto 30 billion dollars by 2014. More…
India Keen to Sign CECA With Malaysia-Dr. Montek Singh Ahluwalia
PIB Press Release, 27 September 2010
Dr. Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India is currently on a two-day visit to Malaysia. He delivered the Keynote Address this morning at the World Capital Markets Symposium hosted by the Securities Commission of Malaysia. More…
US-India SME forum to promote bilateral relations
SME Times News Bureau, 27 September 2010
US India SME forum to be the anchor for promotion of bilateral trade between India and US, said the CII SME Business & Trade delegation in a release today. More…
India, Malaysia conclude CECA talks; may ink trade pact soon
Press Trust Of India, 27 September 2010
India and Malaysia may soon sign a comprehensive bilateral trade pact as the two sides have closed two-year long negotiations in Kuala Lumpur last week. “The seventh and last round of the talks has been completed…the Comprehensive Economic Cooperation Agreement (CECA) may be now signed soon,” an official told PTI. More…
Nepal-Pakistan to sign FTA in October
The Himalayan, 26 September 2010
Nepal and Pakistan are planning to ink Free Trade Agreement (FTA) during the meeting of Joint Economic Commission (JEC) scheduled for October. A high-level bilateral task force is set to be finalised that will discuss the matter in the JEC meeting. More…
Punjab exporters call for streamlining trade between J and K and PoK
Sify News, 26 September 2010
Some exporters of Punjab feel that the system of “barter trade” between Jammu and Kashmir (J and K) and Pakistan Occupied Kashmir (PoK) is being misused by anti social elements on both sides of the border. More…
India asks Germany to delink New Delhi from pre-permit group to facilitate exports
Stock Market Today, 24 September 2010
India has asked Germany to delink New Delhi from pre-permit group to facilitate exports in the absence of free trade agreement between the two countries. More…
Zimbabwe, South Africa sign investment MOU
News Day, 24 September 2010
The Zimbabwe Investment Authority (ZIA) Thursday signed a memorandum of understanding (MOU) with South Africa’s Trade and Investment Limpopo (TIL) to promote two-way trade and investment. More…
AMUCO urges rice import from Myanmar to meet shortage
Kanglaonline, 23 September 2010
All Manipur United Clubs’ Organization (AMUCO) has urged the state government to avail the import of 30,000 metric tones of rice from Myanmar as soon as possible in view of the present shortage of food grains in the state. More…
Jet Airways Announces the Launch of its India-Italy Service
The Financial, 23 September 2010
Jet Airways, India’s premier international airline, on September 23 announced that it will commence daily non-stop flights from the national capital New Delhi to Milan from December 5th, 2010. More…
With the door to Doha closed, India opens up windows to the world
Business Standard, 23 September 2010
Seeing no progress on the stalled multilateral trade talks, potential partners are keen on bilateral pacts with India.
Nine years after New Delhi started implementing its Plan B — bilateral trade agreements — to beat the impasse at the World Trade Organisation’s Doha Round of liberalisation talks, India seems to be finally rolling. More…
Experts for boosting trade with Malaysia, China, S Lanka
Pakistan Observer, 23 September 2010
The financial experts on international trade have stressed the need to boost the country’s bilateral trade volume with Malaysia, Sir Lanka, China and Iran for keeping the trade growth higher and to attain economic prosperity. More…
‘World Statesman Award’ for Manmohan Singh
Hindustan Times, 23 September 2010
A top US official today described Prime Minister Manmohan Singh as “a man of uncommon decency and grace” who has led the way in building the Indo-US partnership, as he presented the Indian leader ‘The World Statesman Award’. More…
Indian SMEs explore business ventures in US
SME Times News Bureau, 22 September 2010
A delegation of small and medium enterprises (SME) has reached Washington DC to strengthen trade cooperation and to explore business ventures between Indian and US SMEs, said CII in a press release on Tuesday. More…
Institute to study India-Pakistan trade integration through Wagah
Sify Finance, 21 September 2010
Despite the stalemate over territory with Pakistan and political intolerance between the two neighbours, Research and Information System for Developing Countries (an autonomous research institution set up with financial support from the Union government) has roped in Centre for Research in Rural and Industrial Development, Chandigarh (CRRID) to conduct a feasibility study on the infrastructure required for the trade integration through Wagah between the two countries. More…
India-EU drug row heading towards long drawn battle in WTO
The Economic Times, 20 September 2010
Row over seizure of Indian generic drugs by several European countries on the high sea appears to be heading towards a long drawn battle in the WTO as the two sides could not resolve the issue by consultations. More…
China posts 67% growth in trade with M’sia in H1
The Star Online, 21 September 2010
China registered a 67% growth in trade with Malaysia, amounting to over US$35bil, for the first six months of this year. With the setting up of Asean Free Trade Area (Afta), bilateral trade was expected to grow even more, said the Chinese consulate-general in Kuching, Pi Qing. More…
Indian IT cos created 7,000 jobs in US in Aug
The Economic Times, 15 September 2010
Indian IT companies created 7,000 jobs in the US last month and 2.5 lakh jobs over the last three years, commerce minister Anand Sharma has said, indicating that recent protectionist measures taken by the US such as hiking professional visa fees and clamping down on outsourcing could hamper such economic activities. More…
Trade pacts could hamper India’s role in HIV drug supplies
MSN news, 15 September 2010
India’s upcoming bilateral trade agreements will severely undermine the Indian generic drug companies from supplying affordable and life-saving AIDS medicines to patients in poor low-income countries, warns UNITAID, the Geneva-based intergovernmental organisation. More…
Iran-Sri Lanka bilateral trade surpasses $1b
Tehran Times, 15 September 2010
The trade value between Iran and Sri Lanka surpassed $1 billion, the Iranian commerce minister said here on Tuesday. More…
Trade and peace
Indian Express, 15 September 2010
Beijing and Tokyo are now each other’s largest trading partners, replacing Washington. Bilateral trade is now of the order of nearly $300 billion a year. More…
Asean jittery on services pact, fears Indian deluge
The Economic Times, 13 September 2010
New Delhi feels the Association of South East Asian Nations (Asean) is getting panic attacks in the midst of trade talks aimed at opening up its services segment to players from India. More…
India to occupy key role in SIA’s global strategies: Philip Goh
The Economic Times, 13 September 2010
Singapore Airlines plans to seek more landing rights in India, launch flights to new destinations, enhance capacity on the routes that it services and recruit more people including cabin crew here. More…
India signs agriculture pact with Argentina
Zee News, 12 September 2010
India has signed an agreement with Argentina to cooperate in agriculture and allied sectors. Food and Agriculture Minister Sharad Pawar is on a tour to three Latin American countries, also including Mexico and Brazil. More…
India, Japan discuss ways to conclude FTA soon
The Hindu, 9 September 2010
India, Japan on Thursday discussed ways for early conclusion of their proposed bilateral free trade pact to liberalise commerce. More…
US doing no favour by outsourcing jobs: Nath
IBN Live, 9 September 2010
The Government on Thursday reacted strongly to US President Barack Obama’s statements and US policies to protect American jobs. More…
India increasing trade and investment links with Peru
Merco Press, 9 September 2010
“Since the turn of the century India and Latin American countries have steadily gravitated towards each other and that is evident by rising bilateral trade and investment flows” said India’s Minister of State for Commerce and Industry Jyotiraditya Scindia during the inauguration of the India- Peru Seminar and Business Meet in Lima. More…
We can learn from India, says DPM
The Star Online, 7 September 2010
Malaysia can learn from India how it transformed its economy and made itself more vibrant, said Deputy Prime Minister Tan Sri Muhyiddin Yassin. More…
India, Oman review economic ties, agree to enhance trade
NetIndian News Network, 6 September 2010
India and Oman agreed to enhance their economic cooperation and step up bilateral trade at the 6th meeting of the Indo-Oman Joint Commission in Muscat yesterday. More…
US firms eyeing export of solar tech to India
Finance buzz, 6 September 2010
The US-India Business Council (USIBC) has launched a new initiative to promote bilateral trade and investment in the burgeoning solar power sector by setting up a task force for robust cooperation between American and Indian firms. More…
India, Poland to sign agreement on cultural exchange programme on Tuesday
Sify News, 6 Septemebr 2010
India and Poland will sign an agreement on cultural exchange programme during the delegation level talks to be held between the two sides on Tuesday in the national capital. More…
India-Japan Ties Poised for Advance as Both Nations Eye China
The Asia-Pacific Journal, 06 September 2010
India and Japan are poised for a rapid advance in their bilateral relations with rich economic and strategic overtones. Straws in the wind suggest that India-Japan ties could reach a historic high by the year’s end, well before Tokyo and New Delhi celebrate 60 years of their diplomatic relations. More…
Adopt bloc’s tariff code, ASEAN to ask partners
Business World, 05 September 2010
SIX COUNTRIES that have trade deals with ASEAN will be asked to adopt the regional bloc’s tariff code as officials start work on integrating the separate pacts into one agreement. More…
India betting big on Rs 1,700 cr project to foster growth in NE
Press Trust of India, 05 September 2010
India is betting big on a Rs 1,700 crore project to develop an alternate route through Myanmar to transport goods to the North-East, as against the current congested passage via Guwahati, to promote relations with Asean countries and develop the northeastern region. More…
India, South Africa Businesses to Jointly Tap Opportunities
Vamban News, 02 September 2010
Indian and South African businesses may jointly tap investment opportunities in the rest of Africa, taking advantage of the inherent synergies between the two economies. More…
India Rupee Advances Most Since June on Regional Economic Data
Bloomberg, 01 September 2010
India’s rupee gained the most in more than two months as strength in Asian economic data allayed concern the global recovery is faltering and boosted demand for riskier emerging-market assets. More…
Sri Lankans seen deprived of free trade benefits by protectionist lobby
LBO, 01 September 2010
Protectionist lobbies holding up a new free trade deal with India are putting Sri Lanka at risk of being left out of emerging regional trade blocs and depriving consumers the benefits of free trade, an official said. More…
India may sign trade agreement with SA
The Economic Times, 01 September 2010
India may enter into a comprehensive trade and investment agreement with South Africa to bolster bilateral trade that has grown strongly despite the global slowdown. More…
Israeli envoy impressed with Gujarat’s progress
DNA India, 01 September 2010
Israeli Ambassador to India, Mark Sofer on Tuesday spoke highly of Gujarat, and said that there was a lot of scope for enhanced ties between the state and Israel in various fields. More…
Canada, South Africa, India in preliminary trade talks with Mercosur
MercoPress, 01 September 2010
In what seems a major change in world trade pattern, priority is been given to non traditional partners and economic blocks in the developing world, ahead of the US and European Union, said the South African and Indian Trade ministers. More…