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India


EU asks for Singapore-like tax benefits
The European Union wants India to extend similar capital gains tax benefits to its investments in the country as is given to Singapore.
India-EU investment, trade pact in the offing
The sixth India-EU summit in New Delhi on September 7 is likely to be marked by a more definite move towards clinching a bilateral investment/trade agreement.
India hopes to expand scope of bilateral trade with Malaysia
India hopes to expand the scope and coverage of trade with Malaysia once a Comprehensive Economic Cooperation Agreement (CECA) between Malaysia and India is completed.
India Inc wants FTA in services with EU: study
On the eve of UK Prime Minister, Tony Blair’s arrival in the country for the India-EU Summit, India Inc. represented by the country’s top CEOs on Monday favoured signing of a special Free Trade Agreement (FTA) with the European Union (EU) in the area of services, given India’s strength in knowledge driven sectors and changing demographic profile in EU, which will soon face a shortage of trained manpower for future economic growth.
India adopts ’Look West’ Asia policy
On the lines of its successful "Look East" policy to promote trade and investment with its Asian neighbours, India aims to adopt a similar policy for West Asia, an external affairs ministry official said here Tuesday.
Vanaspati imports from Lanka may be capped at 2.5 lt
Duty-free imports of vanaspati from Sri Lanka under the free trade agreement (FTA) is likely to be capped at 2,50,000 tonne. Vegetable oils and vanaspati (hydrogenated vegetable oil) will be kept out of the purview of any FTAs which India is likely to sign with any country in future.
FTA with China likely to get a fresh look
Indicating that the idea of a free trade agreement with China has not been abandoned, the Indian government has begun a fresh exercise to explore the pros and cons of such an accord.
India’s new investment norm
The tax holiday provided under the India-Singapore agreement, which Indian companies may take advantage of, is part of a trend that will make it increasingly difficult to tax capital in almost any country.
Green light for talks on GCC-India FTA
India will begin negotiations with the GCC as a single bloc as well as with individual member countries of the GCC for a comprehensive economic cooperation agreement, covering the service sector and investment, along the lines of the pact signed between India and Singapore recently.
Mauritius in talks for economic pact
With the recent signing of the India-Singapore comprehensive economic cooperation agreement (CECA) which threatens to reduce the importance of Mauritius as the investment gateway to India, Port Louis has began talks with New Delhi on a similar deal.
WB study on FTA with India
India is keen on signing an FTA with Bangladesh as early as possible but Bangladesh has been rather sceptical about the outcome of such a deal because of the former’s alleged protectionist attitude. The findings of a World Bank (WB) study that were made available a couple of days back in Dhaka have, actually, confirmed Bangladesh’s worries.
Saudi, Kuwait want India to give ’S’pore treatment’
India’s decision to grant tax sops to Singapore-based FIIs under the comprehensive economic cooperation agreement (CECA) has prompted oil-rich Saudi Arabia and Kuwait to pitch for similar concessions in the double taxation avoidance treaties that are being negotiated with Indian tax authorities.
One for Indo-Pak peace road: Free trade zone
In a comprehensive approach to Indo-Pak engagement in Jammu and Kashmir, Former Pak Finance Minister Burki is calling for a sub-regional trade arrangement under the South Asia Free Trade Agreement (SAFTA).
FTA won’t be enough to narrow trade gap with India, say experts
A group of international experts said Saturday at a workshop that mere increase in volume of trade under the proposed Free Trade Agreement (FTA) would not be enough to reduce the huge trade imbalance between Bangladesh and India.
Indonesia, India to boost economic relationship
Indonesia and India have agreed to set up a joint study group to boost the bilateral economic relationship which remained far from its huge potential, Indonesian Minister of Trade Mari Elka Pangestu has said.
FTA with India won’t benefit Bangladesh
Non-tariff barrier is a major impediment to cut the trade deficit with India, economists and academics observed yesterday at a workshop.
Deadlock on FTA with Thailand
The high-level negotiating team from Thailand that visited New Delhi recently was unable to break the impasse on the India-Thailand free trade agreement.
Terrorism, agriculture and US-India cooperation
Terrorism and agriculture are among the issues raised in the joint India-US Science and Technology Cooperation Agreement issued on 18 July 2005 during Prime Minister Man Mohan Singh’s meeting with President Bush.
India and Mauritius begin talks on economic pact
India and Mauritius have held a first round of talks on a Comprehensive Economic Cooperation and Partnership Agreement (CECPA).
China calls for expediting Free Trade Agreement
Noting that bilateral trade between India and China is not as vast as their economies, the China Council for Promotion of International Trade has called for expediting the process of a free trade agreement (FTA).