Jerusalem/Dubai: The United Arab Emirates (UAE) and Israel signed the Abraham agreement in September 2020 to extend cooperation. On Tuesday, Israel and UAE signed a free trade agreement as to the next step of the Abraham agreement. This is the first free trade agreement signed by Israel with any country in the Middle East, indicating […]
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Tehran: The United States and European countries have imposed tough economic and trade sanctions on Russia since the Ukraine conflict. This has made it difficult for other countries to trade with Russia. In such a scenario, India had offered Russia to trade in barter. Russia is considering this. Iran is also planning a barter trade […]
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New Delhi: India buys very little fuel from Russia. Therefore, India has appealed that no one should politicise this fuel transaction. India also warned that if India suddenly stopped buying fuel from Russia, fuel prices would increase further. At the same time, there are reports that India is negotiating with Russia to supply fuel at […]
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New Delhi: – India and the European Union concurred on forming an independent council for cooperation in trade and technology. The council was approved during the meeting between Indian Prime Minister Narendra Modi and President of the European Commission, Ursula Von Der Leyen. At this time, European Commission chief Leyen assured that partnering with India […]
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New Delhi: – The United States is issuing threats and warnings in various ways that if India continued to trade with Russia, it would have dire consequences. The United States pointed this out to India even during the Two-Plus-Two talks between the two countries. But India has indicated that the US pressure will not affect […]
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Jerusalem: Cooperation between Israel and the United Arab Emirates (UAE) is scaling new heights. While a year and a half has been completed for signing the Abraham agreement, both the countries have signed a free trade agreement. Israel said that this was a historic event in the cooperation between Israel and UAE. Two days ago, […]
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New Delhi: – A free trade agreement has been signed between India and Australia after prolonged talks for ten years. India-Australia Economic Cooperation and Trade Agreement (Indus ECTA) was signed between the two countries in the presence of Prime Minister Narendra Modi and Australian Prime Minister Scott Morrison during a virtual meeting. This agreement between […]
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Warsaw/Moscow: – The differences over sanctions against Russia among the European countries are intensifying by the day. On Thursday, it was revealed that there are two explicit factions among the European countries over this issue. The countries favouring sanctions against Russia have openly started accusing the nations supporting Russia. Polish Prime Minister Mateusz Morawiecki alleged […]
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New Delhi – Union Minister for Commerce and Industry, Piyush Goyal, had expressed confidence that the Indian trade exports will cross $400 billion in the year ending on 31st March 2022. But TV Narendran, President of Confederation of Indian Industry (CII), has expressed confidence that the country’s trade exports can reach $1 trillion in the […]
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Washington: – The US Congress passed a new bill on challenging the increasing Chinese domination in international trade. The bill named ‘America Competes Act of 2022’ has provisions for reducing imports from China and incentivising US companies to start their factories. Financial assistance also has been announced in the bill for the semiconductor sector and […]
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