September 2015

India ready to give preferential tariffs to all SAARC members

DNA India, September 29, 2015
India is ready to give preferential duty concessions on all products to SAARC members to give a boost to free trade in the region, Union Minister Nirmala Sitharaman said on Tuesday. More…

MHA’s in-principle nod for visa-free business trip within RCEP countries

Daily Excelsior, September 27, 2015
Leading businessmen from India and 15 other countries, including China and Japan, may soon be able to make visa-free short business trips to each other’s territory to boost commercial ties, with the Home Ministry giving in-principle approval to the ambitious plan. More…

Protesters block Nepal’s major trade checkpoint with India

The Times of India, September 25, 2015
Hundreds of protesters opposing Nepal’s new constitution on Friday blocked a key trade checkpoint with India, cutting off vital supplies to the country, even as the Indian envoy here met top Nepali leaders and assured them that the problem was due to unrest in the region. More…

PM Modi visit to bolster trade, improve ties with Ireland

The Indian Express, September 23, 2015
PM Narendra Modi will hold discussions with Prime Minister Enda Kenny of Ireland. The Irish Prime Minister will also host a Working Lunch in honour of the visiting dignitary. More…

India not being left out of global trade pacts: Sitharaman

Business Standard, September 21, 2015
With the US in advanced stages of negotiating the trans Pacific and Atlantic trade pacts, India today strongly refuted the impression that it is being left out of key global trade agreements. More…

Narendra Modi to Address the India-US startups event in US

Financial Express, September 19, 2015
Following the Prime Minister’s clarion call of Start up India, Stand up India;from the ramparts of the Red Fort, NASSCOM, TiE Silicon Valley, and IIM Ahmedabad CIIE India are hosting the first India- U.S. Startup Konnect in the Silicon Valley on 27th September, to showcase the strengths of India startup ecosystem. More…

India’s dream of borderless trade grinds to a halt at checkpoints

The Times of India, September 17, 2015
The rollout of a nationwide goods and services tax (GST) from April was supposed to sweep away hundreds of checkposts on India’s state borders, paving the way for the seamless movement of goods from the tropical south to the Himalayas in the north. More…

Indo-U.S. trade can grow to $500 billion soon: Jaitley

Khabar India, September 15, 2015
Finance Minister Arun Jaitley on Monday said that the Indian government was making every effort to put in place a predictable and fair tax regime, and invited U.S. businesses to help raise bilateral trade between India and the U.S. to $500 billion. More…

India-Sri Lanka trade pact not on agenda

The Hindu, September 13, 2015
Even as Prime Minister Ranil Wickremesinghe begins his three-day visit to India on Monday, the Sri Lankan government on Sunday made it clear that the Comprehensive Economic Partnership Agreement (CEPA) would not be signed during the visit. More…

UK can look forward to India as major trade partner: MoS PMO

Business Standard, September 11, 2015
The UK can look forward to India as major partner to further bilateral trade, Union minister Jitendra Singh said here today. More…

India not against free trade: Commerce minister Nirmala Sitharaman

Economic Times, September 09, 2015
Commerce minister Nirmala Sitharaman has said that India is not against free trade but it is wary of global developments and wants to ensure that its national interests are protected. More…

India, Belarus talk trade, want to step it up

Economic Times, September 07, 2015
India and Belarus today underscored the need for stepping up the bilateral trade from the current level of USD 230 million. More…

Crushed: the US and the WTO demolish India’s solar energy ambitions

The Ecologist, September 05, 2015
Last month, the news was leaked that a WTO dispute panel had found that India’s subsidies for solar power contravene WTO trade rules. India must now remove the subsidies or face trade sanctions. More…

India, UAE to set up joint business council

Times of India, September 03, 2015
Following Prime Minister Narendra Modi’s visit to the UAE last month, India’s historic ties with the Gulf nation are poised to go to a new level with the setting up of a joint business council (JBC) later on Thursday. More…

India Ramps up Ties, Trade with West African Countries

IANS, September 01, 2015
With the India-Africa summit scheduled to take place in New Delhi in less than two months, there is good news from west Africa. India’s trade with Francophone countries in western Africa, like Guinea and Liberia, which were hit by the ebola virus, has not been largely affected and in some cases actually rose in spite of the temporary isolation of some of these countries.. More…