An official statement from the Australian side that the trade agreement underscores the commitment to delivering opportunities to diversify trade that are commercially meaningful for Australian businesses.
The implementation of the Economic Cooperation and Trade Agreement (ECTA) between India and Australia has the potential to double bilateral trade in goods and services to USD 45 billion in the next five years, said the Confederation of Indian Industry (CII).
In the video message, posted on his Twitter account, Ellis said, "2022 was a great year for India and the UK, and this year UK and India have made their relationship more strong."
Mumbai (Maharashtra) [India], December 23 (ANI/PNN): As India emerges as the global sourcing hub, the Government-promoted Plastics Export Promotion Council (PLEXCONCIL) will organise the country's first ever export-focused trade fair for plastic industry from 15-17 June 2023 in Mumbai.
"Similarly, Vietnam also has a duty-free free trade agreement with the European Union, due to which it gets benefited. While doing trade with European Union, our garments for exports get taxed 9-10 per cent," the minister said. He added because of this, Bangladesh and Vietnam get the bene
Piyush Goyal said that textile is a sector where margins of 5 per cent are very important to become competitive, adding, "With the Free Trade Agreement (FTA) with countries we are insisting that we get duty-free access for Indian textiles. Both in UAE and Australia textile sector assures me
Union Commerce and Industry Minister Piyush Goyal on Tuesday held a meeting with UK Secretary of State for International Trade Kemi Badenoch in New Delhi to discuss India-UK free-trade agreement (FTA) negotiations.
Badenoch, who begins her India visit on Monday, is scheduled to address both teams of negotiators teams before the sixth round of talks begins. The negotiations will take place throughout the week.
Badenoch's visit marks the sixth round of formal negotiations between UK and India. The goal of strengthening bilateral ties and reviving talks on an ambitious bilateral trade deal between the two nations, according to an official statement.
Some of the steps include creating/enhancing of domestic capacity, incentivising domestic manufacturing through Production-Linked Incentive (PLI) schemes, phased manufacturing plans, timely use of trade remedy options, adoption of mandatory technical standards, enforcement of free trade agre