Washington/Beijing: The Inflation Reduction Act-IRA has come into effect in the United States from January 1. This will hit fellow countries that trade heavily with the US. Especially the companies in European countries in the vehicle manufacturing sector and the companies in the semiconductor industry will have to bear the loss due to this. Thus, […]
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New Delhi: The Free Trade Agreement (FTA) between India and Australia has come into force from Thursday. The Prime Minister of India has welcomed it and said it is a historic event for comprehensive strategic cooperation between the two countries. The Prime Minister of Australia, Anthony Albanese, claimed that the trade deal is a great […]
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Moscow: The International North-South Transport Corridor (INSTC), a trade route connecting Russia and Iran through the Caspian Sea, has become operational. It will provide a major impetus to the trade cooperation between Russia and Iran. US-based newspaper Bloomberg has claimed that this trade route will circumvent Western sanctions imposed on Russia-Iran. The newspaper reported that […]
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New Delhi: A discussion was held between the trade ministers of India and Bangladesh on the free trade agreement between both countries. Negotiations between the two countries will start soon. Simultaneously, it is reported that Indian Commerce Minister Piyush Goyal and Bangladesh Commerce Minister Tipu Munshi have discussed conducting trade between the two countries in […]
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New Delhi: Due to the restrictions of the US and other western countries, obstacles stand before Russia in the manufacturing sector. In such a situation, there were reports that Russia had handed over a list of about 500 products to India and demanded to supply them. Regarding this, Indian External Affairs Minister S. Jaishankar clarified […]
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New Delhi: India will discuss a free trade agreement with the Gulf Cooperation Council-GCC, comprising six Gulf countries: Saudi Arabia, United Arab Emirates (UAE), Bahrain, Kuwait, Oman and Qatar. The discussion will start next month, and the agreement is believed to be concluded with negotiations by the middle of 2023. After the Coronavirus pandemic, there […]
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New Delhi: Trade Minister of the United Arab Emirates (UAE) Thani bin Ahmed Al Zeyoudi is on a visit to India. He had a discussion with Commerce Minister Piyush Goyal. At this time, India’s trade with the UAE will reach 100 billion dollars in the next two to three years, the Trade Minister of the […]
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Washington/Taipei: The United States and Taiwan have announced bilateral trade while the atmosphere has heated up over the visit of Speaker Nancy Pelosi to Taiwan. This was announced by the trade representatives of the United States and Taiwan. US Deputy Trade Representative Sarah Bianchi said that the United States is preparing to negotiate 11 trade […]
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London: British Prime Minister Boris Johnson claimed that the proposed free trade agreement signed by United Kingdom with India would be the most significant trade agreement. The deal is expected to be finalised by Diwali, and Prime Minister Johnson expressed confidence that the agreement could be signed even earlier. These statements made by the British […]
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New Delhi: Talks regarding the free trade agreement started between India and the European Union started on Friday. Union Commerce Minister Piyush Goyal welcomed the development. During these comprehensive talks, discussions regarding investment and Geographical Indications (GI) will also be held along with trade. It is claimed that if the talks are successful, Indian trade […]
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