by TANVI_MUNJAL | Nov 29, 2024 | Business & Policy, News & Insights
India’s approach to Free Trade Agreements (FTAs) has undergone a significant shift in recent years. After a decade-long hiatus, the country resumed FTA negotiations in 2021, swiftly finalizing deals with Mauritius, the UAE, Australia, and EFTA nations. However,...
by TANVI_MUNJAL | Oct 8, 2024 | Business & Policy, News & Insights
The much-anticipated India-EU Free Trade Agreement (FTA) is inching closer to fruition, with the next round of negotiations slated for the first quarter of 2025. Building upon the limited progress achieved in areas like rules of origin and government procurement, both...
by TANVI_MUNJAL | Dec 14, 2023 | Business & Policy, News & Insights
India is eyeing a trade agreement with Oman to diversify its exports and bolster economic ties with the West Asia region. This move follows a successful trade deal signed with the United Arab Emirates (UAE) last year, as a recent research study reported. The proposed...
by TANVI_MUNJAL | Dec 11, 2023 | Business & Policy, News & Insights
On Saturday, the Apparel Export Promotion Council stated that the forthcoming free trade agreement between the U.K. and the European Union will bring about significant changes for the domestic industry, providing a substantial advantage for apparel exporters. Chairman...
by TANVI_MUNJAL | Nov 28, 2023 | Business & Policy, News & Insights
In a recent report, the Global Trade Research Initiative (GTRI) has suggested that the Indian government assess the bilateral free trade agreement with Singapore and the ASEAN bloc as a whole. Singapore, as a member of the ASEAN bloc, currently has a free trade...
by TANVI_MUNJAL | Nov 28, 2023 | Business & Policy, News & Insights
India and Japan are set to reevaluate the rules of origin (ROO) and product-specific rules (PSR) of the India-Japan Free Trade Agreement (FTA) to address India’s concern over uneven gains from the agreement. Sources reveal that the Commerce Ministry is seeking...
by TANVI_MUNJAL | Nov 26, 2023 | Business & Policy, News & Insights
In a move aimed at enhancing its understanding of export and import patterns, India has initiated a process to capture comprehensive country-wise and commodity-wise trade data conducted by micro, small, and medium enterprises (MSMEs). The Ministry of MSMEs plans to...
by TANVI_MUNJAL | Nov 26, 2023 | Business & Policy, News & Insights
India’s exports of goods and services have the potential to reach USD 2 trillion by 2030, according to a report released by the PHD Chamber of Commerce and Industry (PHDCCI) on Thursday. The report highlights the importance of measures such as comprehensive...
by TANVI_MUNJAL | Nov 24, 2023 | Finance & Economy, News & Insights
On Wednesday, Piyush Goyal, the Minister of Commerce and Industry, expressed confidence that the proposed free trade agreements with the European Union (EU) and the European Free Trade Association (EFTA) are achievable. However, he emphasized the need for the EU and...
by TANVI_MUNJAL | Nov 16, 2023 | Business & Policy, News & Insights
As the next round of negotiations for a free trade agreement (FTA) with the UK approaches, India has expressed its desire to include social security in the discussions. An official stated on Tuesday that the inclusion of a social security pact would enable temporary...
by TANVI_MUNJAL | Nov 5, 2023 | Business & Policy, News & Insights
India and the UK are engaged in discussions to find viable solutions for addressing investors’ disputes within a specific timeframe, using a domestic judicial mechanism as part of the proposed Bilateral Investment Treaty (BIT). This crucial step is seen as a...
by TANVI_MUNJAL | Nov 3, 2023 | Business & Policy, News & Insights
Negotiations on the India-UK free trade agreement show no signs of slowing down, according to a senior official. The 13th round of talks, which started in September, is ongoing, albeit in a virtual format. The official, who prefers to remain anonymous, confirmed that...
