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India


Olive oil imports set to rise post India-EU FTA
The proposed India-EU free trade agreement may open doors for easy import of olive oil from Europe. Major olive oil exporting countries like Spain, Italy, and Greece are insisting upon India to reduce its duty, remove non-tariff barriers and other local taxes and levies and marketing restrictions like maximum retail price system that guarantee a 35% margin to the retailer.
Chinese exports to India rising fast
India Inc may have got some ammunition to ward off a free trade agreement with China. A study has revealed a steep growth in major manufactured good imports from China.
India, EU to make trade pact offers in February
Even as experts doubt the possibility of a “deep free trade agreement” between India and the European Union (EU), both sides are likely to exchange offers on goods and services by the end of the next month.
FTA with China unlikely: Nath
India and China are expected to sign dozens of trade deals during Prime Minister Manmohan Singh’s three-day visit to China from January 13, but India is wary of Free Trade Agreement (FTA) with China.
US, India eye bilateral investment treaty
The United States and India are to explore the possibility of forging a bilateral investment agreement in high-level talks next month, US Treasury Secretary Henry Paulson said.
Free trade with US in the works
Union commerce minister Kamal Nath today said India was in talks with the US and Canada for free trade agreements. “Bilateral trade agreements are currently in the pipeline with at least 10 potential partners ranging from the Asean (Association of South East Asian Nations), the EU, the US and Canada,” the minister said.
FTA-like India-US pact in pipeline
India on Wednesday said it is in talks with the US and Canada for a market-opening bilateral agreement, on the lines of trade pacts being negotiated with the European Union and the ASEAN.
India to push for easier norms for exports to EU
India will push for the removal of stringent quality norms for export to the European Union in the bilateral trade and investment agreement that is being worked out now. Restrictions on supplying ayurvedic medicines to the EU countries, extremely low maximum residue limit on products such as spices and registration problems faced by poultry and egg suppliers are high on India’s agenda.
Asean-India FTA talks enter final stage
Discussions on a free trade agreement between Asean and India are in the final stage with only one issue to resolve: the export of palm oil from the region to India
Pacing the FTA with China
One of the objectives of Indian Prime Minister Dr Manmohan Singh’s forthcoming visit to Beijing is to push for a free trade accord between India and China, preliminary work on which has begun.
FTAs and safety standards
Unlike India, most Asean countries have a very robust regime of quality and safety standards for products imported into their markets. What that means under an India-ASEAN FTA is that Indian manufacturers, despite having lower entry tariffs into Asean, will still not be able to export their products unless they meet the strict safety and quality regulations of those countries.
Sri Lanka, India set to finalize bilateral trade agreement
India and Sri Lanka may finalise discussions on a Comprehensive Economic Partnership Agreement this week
India allows Bangla cos to invest
The Foreign Exchange Management Act has been amended allowing Bangladeshi companies to invest in India. These changes will clear the way for India-Bangladesh bilateral investment promotion agreement.
India-GCC: Petrochem industry fears free trade with the Gulf
A leading industry body has urged the Indian government to keep key petrochemical products outside the purview of the proposed free trade agreement with the Gulf Cooperation Council, fearing unfair competitive advantage.
Seoul, New Delhi to resume trade talks in April
South Korea is holding back on farm products
India’s FTA rush: Kerala’s farmers and fishworkers stand to lose
New FTAs such as the EU-India Trade and Investment Agreement, India-Thailand FTA and the ASEAN-India Regional Trade and Investment Area pose threats to the fishing community in Kerala.
New Delhi not to freely ink trade pacts with controlled economies
The Indian government may take a cautious approach while negotiating free trade agreements with countries such as China that do not have a market-driven exchange rate policy.
India, Hong Kong plan free trade agreement
India and Hong Kong have initiated talks on a free trade agreement to promote bilateral trade and investment.
India should seek mkt for services in trade with Korea: FICCI
India must seek greater market access for professionals and service-providers in Korea when officials from the two sides meet here for negotiating the proposed bilateral trade pact, industry body FICCI said.
India’s trade surplus with Singapore reduced post-FTA
India’s trade surplus with Singapore shrunk after the comprehensive economic cooperation agreement between the two countries came into force.