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SAFTA AGREEMENT IMPACT
India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy reviewIn a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Rece...- Bangladesh crisis: Exporters explore bringing production back homeAmid political turmoil in Bangladesh, Indian exporters with operations there are shifting production to India to avoid trade disruptions. T...
- India's exports to face issues in Bangladesh as crisis deepens: ExportersAccording to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country....
- Majority of trade pacts implemented by India have no effect on exports: SurveyThe survey considered 14 agreements signed by India -- Chile, Korea, Sri Lanka, Singapore, Bhutan, Afghanistan, Nepal, Malaysia, Japan, Tha...
- Public sentiment against Pakistan may curb smugglingIndia has hiked import duty, scrapped MFN tag of its neighbour in wake of the Pulwama attack.
- Black pepper traders blame Lankan imports for price crashPepper imports from Sri Lanka attract 8 per cent duty against 70 per cent from other countries
- Narendra Modi government to review 'most favoured nation' status to PakistanBoth India and Pakistan are signatories to the GATT, according to which they have to treat all WTO member countries as favoured trading par...
- Modi government working on five-year plan to deepen Saarc connectionThe plan is to focus on sectors such as textiles, tourism, health care, according to a statement released by Commerce and Industry Minister...
- India plans to set up South Asian bank for Funding infrastructure, tradeCommerce department has suggested that the bank be set up with whatever equity SAARC memebers put in
- PM panel tells commerce ministry to conclude SAFTA talks earlyPakistan’s delay in giving ‘Most Favoured Nation’ (MFN) status to India has held up progress of the regional trade pact.
- India’s exports gained from free trade agreements: Anand SharmaThe TERC specifically India-EU BTIA, SAFTA, RCEP and Africa. Sharma said India has a huge trade surplus of about $12 billion with SAFTA.
- Concerns raised on FTAs during PM headed meet: Commerce MinistryConcerns have been raised over the efficacy of Free Trade Agreements to boost exports during a meeting of a committee headed by the Prime M...
- Govt to formalise unconditional duty free access of garments from Sri Lanka & BangladeshThe decision to allow duty-free imports of eight million garment pieces per calendar year from Bangladesh with the condition that some raw ...
- Govt cuts import duty to pump up trade in SE AsiaIndia has scrapped import duty and reduced customs tariff on more than 4,800 items from neighbouring least developed countries (LDCs) like ...
- New Delhi not to freely ink trade pacts with controlled economiesThe government may take a cautious approach while negotiating free trade agreements (FTAs) with countries such as China that do not have ma...
- Govt seeks industry's views for Budget '09The Commerce Ministry, in a communication to different trade bodies, has sought comprehensive proposals relating to direct and indirect tax...
- Pak agrees to implement Safta in 'letter & spirit'The Safta on Wednesday received a big boost with Pakistan agreeing to the views of Saarc leaders that the pact liberalising regional trade ...
- Duty-free access to smaller SAARC members soughtVenugopal Dhoot said that India has extended a commitment to review non-tariff barriers, if any, and give better access to its market as pa...
- India protests Pak failure to give all sopsUnder Safta, Pakistan has agreed to provide tariff concessions on 4,872 products to all members, but it wants to restrict India’s access to...
- Multilateral trade system better for India: WB directorHere is a piece of advice for developing countries, courtesy the World Bank. Exercise caution in concluding bilateral and regional trade ag...
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