India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), showing a significant rise in trade between the two nations.
The India-New Zealand Free Trade Agreement (FTA) represents a framework for deeper cooperation rather than a major trade breakthrough, with its real impact depending on how both countries strengthen practical economic links beyond tariff reductions, said the Global Trade Research Initiative
The proposed India-Oman Comprehensive Economic Partnership Agreement (CEPA) is expected to significantly boost India's industrial exports, as import duties in Oman currently range from zero to as high as 100 per cent on select products, according to a report by the Global Trade Research Init
Driven by commodity price volatility amid the persistence of the US-India trade deal stalemate, the risk to current account (C/A) dynamics is likely to moderate, as one-off import shocks ease. According to a Union Bank of India report, with the India-US bilateral trade agreement nearing fina
India must insist on balanced outcomes in the ongoing trade negotiations with the United States and remain extremely cautious about extending concessions on agricultural crops or genetically modified (GMO) products, the Global Trade Research Initiative (GTRI) has said in a detailed note.
Minister of Finance and Corporate Affairs Nirmala Sitharaman said on Saturday that a complete overhaul of the customs system would be her next major assignment as part of broader efforts to reform the economy.
US President Donald Trump blamed his hoarse voice on shouting at officials from a foreign country that sought to change a trade deal. He refused to name the nation and highlighted recent trade talks with China, including tariff reductions and postponed export controls.
Speaking to reporters on Thursday, the official confirmed that Washington is pursuing a reciprocal trade agreement with New Delhi whilst simultaneously addressing concerns over India's purchases of Russian oil.
The agreement on the big frame of the trade deal in July had brought the reciprocal tariff down to 15 per cent, but South Korea's automobile export was still subject to 25 per cent tariff rate and details on the agreement were not concluded until Trump met with Lee on the sideline of APEC
Indian wood products and furniture exporters will become far more competitive in the US market, as tariffs on this category will be slashed from 50 per cent to 10-25 per cent after the latest tariff imposed by US President Donald Trump on wood products, said policy think tank GTRI.
Indian industry is prepared for any outcome regarding the proposed bilateral trade agreement with the United States, Confederation of Indian Industry (CII) President Rajiv Memani said on Wednesday, emphasizing that the country's business sector will not pursue deals that compromise nation