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SAARC Concluded Amid
Indo-Pak Trade Dispute (August 07, 2006)
India complained bitterly to
the commerce ministers
governing the South Asian
Free Trade Agreement (SAFTA)
that Islamabad has failed to
implement key provisions of
the agreement into force and
not granting tariff
reductions to its exports.
<More>
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EEPC Estimates Engineering
Exports at USD 23B (August 03, 2006)
The Engineering Export
Promotion Council (EEPC) set
an export target of $23
billion for this fiscal year
up from $19.18 billion and
said that the amount could
even go up by another USD 1
billion from miscellaneous
items.
<More>
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India Corporate Says No to Quota
(July 31, 2006)
Senior members of the Indian industry met Prime Minister Manmohan Singh and
conveyed their opposition to legislated cased-based quota regime but
promised that will fund training programs, introduce ethical hiring codes,
and adopt alternative solutions.<More>
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India to Raise Pak Trade Curbs at SAARC
(July 28, 2006)
Commerce and Industry
Minister Kamal Nath told the
Parliament that he will
raise the issue of import
restrictions by Pakistan at
the South Asian Association
for Regional Cooperation (SAARC)
summit early next month in
Dhaka.<More>
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ASEAN Suspends FTA
(July 28, 2006)
Malaysia’s Trade Minister was quoted saying that the Association of
Southeast Asian Nations (ASEAN) has suspended free-trade talks with India
because New Delhi is demanding that 850 goods it imports from South East
Asia to be excluded from the list.<More>
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RTAs to be More Transparent
(July 14,
2006)
Countries like India that have been
excluded from Regional Trading
Agreements (RTAs) for political
reasons will benefit from new
Negotiating Group on Rules that
require transparency mechanisms of
World Trade Organization (WTO) be
implemented in RTAs.<More>
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Farm Sector Disagreements Stall WTO
(July 05, 2006)
In further
hardening of stance, India
has rejected heavy concessions from
developing nations while only few
concessions are forthcoming from
developed nations especially in access
to markets for agricultural and
industrial products.<More>
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India to Harden Stance at WTO
(June 30, 2006)
Ignoring threats and warnings from
World Trade Organization (WTO)
personnel, India disclosed that it has
toughened its stand on agriculture and
industrial tariffs and asserting that
development challenge of the Doha
Round must be addressed. <More>
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Tariff Relief per SAFTA (April 20, 2006)
At a meeting of South Asian Commerce Ministers meeting
at Dhaka, India and Pakistan agreed not to charge
import duties on 5% of products traded within the
South Asia Free Trade Area (SAFTA) region.<More>
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3 PHC workers for every 10,000 (April 12. 2006)
A recent World Wealth Organization (WHO) study
revealed that India had only 3 Primary Health Care (PHC)
workers for every 10,000 of its population, which also
predicted a worldwide shortage of 4.3 million
workers.
<More>
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India Refuses To Budge on WTO (April 07. 2006)
While World Trade Organization (WTO) warned India not
to miss out on benefits of the Doha round and concede key tariffs to provide greater market access;
India asserted that its 30%
import rate sufficiently proved its market access
credentials.<More>
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India & GCC in new Partnership (March
28, 2006)
India and 6 Gulf Cooperation Countries (GCC) entered a
new era of partnership with a free trade agreement (FTA)
and framework agreement for economic cooperation.<More>
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Indian Exports May Hit USD 100 Billion in a Month
(March 15, 2006)
Moving in line with long-term goal of doubling India’s
share of world’s trade in 5 years, going by recent
export trends, value of Indian exports would be close
to the USD 100 billion mark.<More>
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India and Japan Expects to Sign CEPA (January
16, 2006)
Indian and Japan are expected to sign a Comprehensive
Economic Partnership Agreement (CEPA) by the end of
the year. <More>
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Board of Trade Discuss Decline in Exports (January
11, 2006)
Federal Commerce & Industry Minister Kamal Nath has
called for a Board of Trade meeting to discuss the
alarming decline in exports in November 2005.
<More>