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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Paris/Washington: Europe has been forced to pay a heavy price for imposing restrictions on Russian fuel imports given the Russia-Ukraine conflict. The displeasure in the European countries on this issue is now coming on the anvil and the French President has directly reprimanded the United States. French President Emmanuel Macron has accused the US Biden […]
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New Delhi: Union Ministry of Commerce informed that trade between India and Russia had increased significantly compared to last year. In the first five months of the financial year, the trade between the two countries crossed 18 billion dollars. India is buying large quantities of fuel and fertilizers from Russia. Therefore, it is said that […]
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London: During his tenure as the British Prime Minister, Boris Johnson had expressed his belief that a free trade agreement between India and the UK would be concluded by the coming Diwali. Liz Truss, who was the British Foreign Minister at the time, now has become the Prime Minister of UK and it is claimed […]
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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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New Delhi: Taiwan is keen to share its expertise with India in the advanced fields of semiconductors, 5G, information security and artificial intelligence. This will enable India and Taiwan to build a robust supply chain together. That is why India should sign a free trade agreement with Taiwan at the earliest. Taiwanese representative Baushuan Ger […]
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Brussels: Pakistan Army, the ISI and the Taliban are involved in international drug trafficking. NATO, in its report, has alleged that the terrorist organizations in Afghanistan and Pakistan are heavily dependent on the money from illicit drug trafficking. To substantiate its claims, the report cites cases of multiple arrests of Pakistani nationals on drug trafficking […]
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New Delhi: Discussions were held between the two countries on trading in India’s rupee and Saudi Arabia’s Riyal. Along with this, India’s Ministry of Commerce informed that the commerce ministers of both countries also discussed using India’s payment systems ‘UPI’ and ‘RuPay Card’ in Saudi Arabia. If the ongoing talks with Saudi Arabia, a leading […]
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New Delhi: After the conflict in Ukraine, the United States imposed sanctions on Russia’s dollar transactions. India and Russia started trading in Rupee-Rouble to avoid the effect on mutual trade. Union Finance Minister Nirmala Sitharaman has said that many countries are eager to do business with Indian Rupee. Sitharaman expressed satisfaction by saying that the […]
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Abu Dhabi: India and the United Arab Emirates (UAE) have decided to take their bilateral trade to $100 billion in the next five years. During the three-day visit of the Indian External Affairs Minister S Jaishankar to the UAE, both countries declared this objective again. The 14th Joint Commission meeting was held in the presence […]
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