London/Canberra : The United Kingdom established a successful Free Trade Agreement with Japan and Canada after Brexit, stepping out of the European Union. Now, it has proposed such an agreement to Australia. The UK government informed that British State Secretary for International Trade, Liz Truss made the offer to Australia on Friday. Besides, against the […]
Washington: US Trade Representative claimed that the taxes imposed on the Chinese goods during former US President Donald Trump’s tenure would not be withdrawn. US Trade Representative Katherine Tai said that withdrawal of China’s taxes could negatively affect the US economy. While indications of a softer stand regarding China are being received from the Biden […]
New Delhi: – The Indian ban on 58 Chinese apps will continue. China is expressing concerns that this will have a negative impact on the biliteral relations. At the same time, China has accused India of violating the regulations of the World Trade Organisation (WTO). Some Chinese analysts are also accusing India of taking an anti-China stand by announcing bravery […]
Washington/Paris: French Foreign Minister, Jean Vyes Le Drian, appealed that President-elect Joe Biden should make efforts to stop the trade conflict between the United States and Europe, which is spreading venom in the US-Europe relations. At the end of last year, the Trump administration had declared to impose taxes on the goods imported from Europe. […]
New Delhi: – Four new trade routes have been opened between India and Bhutan. These trade routes will connect Bhutan with Nagarkata in West Bengal, Agartala in Tripura, and Jogighopa and Pandu in Assam. A permanent custom station also has been set up at Nagarkot, from where all materials can be transported. Before this, only specified materials could be transported […]
Canberra/Beijing: – Trade war has been sparked between Australia and China and China has given indications of stopping the import of seven Australian products. Although China has not announced the decision on the official level, it has ordered the Chinese industry to stop imports of Australian products. These include prawns, coal, wood, sugar, copper, barley […]
Canberra/Beijing: – While there are indications that the United States is preparing to intensify the conflict against China, analysts have given signs of a new trade war flaring up between China and Australia. Analysts warned that the threats issued by China, over the last few months and restrictions imposed on imports from Australia, along with […]
New Delhi: – B. Venkatesh Varma, Indian Ambassador to Russia, made a big statement that there will be no trade with China unless it withdraws all troops from the Line of Actual Control (LAC). At the same time, Varma thanked Russia for understanding the Indian position. The statement of the Indian Ambassador is a clear […]
New Delhi: Possibilities of a Free Trade Agreement (FTA) between India and the United States are being examined and Indian Commerce Minister Piyush Goel and US Secretary for Commerce Wilbur Ross held discussions regarding this. It is said that the Ministers concurred on signing a limited cooperation agreement between the countries, before the FTA. At […]
New Delhi: – A new trade route has been opened between India and Bhutan. This route connects Jaigaon in West Bengal to Pakhasa in Bhutan. This will streamline the trade between India and Bhutan. Recently China had claimed rights on a certain Bhutanese territory. The new trade route becomes important, at a time, when China wants to dig up […]