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FTA UTILISATION RATE
India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
- India should now focus on FTA implementation, utilisation by exporters: ExpertsFor India to leverage its Free Trade Agreements effectively, a paradigm shift in strategy is imperative. Experts caution that the disparity...
- Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolioJefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...
- Delhivery announces economy air parcel service to UK, Canada, AustraliaLogistics firm Delhivery is expanding its international air parcel service. The service now reaches the UK, Canada, and Australia. This mov...
- From agreements to opportunity: India’s next export pushIndia has spent years securing trade agreements with the EU, UK, Oman, and others. The challenge now is to walk through them systematically...
- It's not so good(s)! India has trade gap with 5 of 7 key FTA partnersIndia's trade deficits with several FTA partners, including Asean, Japan, and South Korea, have widened since the agreements came into forc...
- Low use of Asean FTA under review; aim is to eliminate barriersThe commerce and industry ministry has assessed that the utilisation of the preferential route under the Asean-India Trade in Goods Agreeme...
- India-Oz FTA utilisation above 90% in some textiles, engineering goods exportsOfficials said that the utilisation of the India-Australia Economic Cooperation and Trade Agreement (ECTA) is as high as 90% in around 113 ...
- India expects $50 billion exports to UAE by FY27India is targeting $50bn in exports to the UAE by 2026-27 from $31.3bn in 2022-23, according to Indian Commerce Secretary Sunil Barthwal. T...
- GTRI suggests seven steps for Indian traders to make full use of FTA with AustraliaUtilisation rate of India's free trade agreements (FTAs) is low and one of the factors is low awareness about the process and its benefits,...
- Economy recovering well, set to register remarkable growth: GoyalUrging the industry to procure 25% of Covid-19 vaccines and effectively utilise them, he said with 520 million people already having been v...
- View: Opting out from RCEP hurts India's interestsIndia’s experience of negotiating for removing barriers to trade in services in Indo-Asean trade following the FTA in merchandise products ...
- India for expansion of preferential duties by trade partners in FTAsCommerce Secy Anup Wadhawan said that the Government is engaged in streamlining procedures for exporters to avail benefits under the FTAs.
- Lack of FTA reciprocity, non-tariff barriers have hit India’s refined copper exports: StudyThe report also hints at possible exploitation of rules of origin and copper products processed by China being exported to India via the As...
- View: India must tread carefully on free trade agreementsFree trade agreements are key to creating seamless trading, but there are genuine concerns when India signs up new such pacts because of pa...
- India, South Korea to review free trade pact tomorrowNirmala Sitharaman said both the countries should do everything to further strengthen the CEPA and will deliberate on various aspects of th...
- Consolidate FTAs for better realisation: Asian Development BankAsian Development Bank has advocated for consolidation and multi-lateralisation of Free Trade Agreements for better efficiency, realisation.
- 'Steel should be excluded from FTA ambit with Japan, Korea'In a letter to the Steel Ministry, Assocham also requested it to reinstate import duty rates as per the normal prevailing import duty rates.
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