Page 6 - Commerce Ministry

India-UK trade pact negotiations to be concluded by Aug-end: Commerce Secy

Negotiations for the India-UK free trade agreement will be concluded by August 31 and ready for signing by Diwali in October, Commerce Secretary BVR Subrahmanyam said on Thursday.

Time is ripe for India to explore trade deal with AfCFTA: Commerce Secy

AfCFTA brings together the 55 countries of the African Union and eight regional economic communities to create a single market for the continent

Centre considers releasing GatiShaakti master plan in public domain

At the moment, only state and central government ministries and departments can access the portal to execute infrastructure projects in a time-bound manner

Commerce ministry looking to release new FTP before September: Official

Under the scheme, the aim is to initially focus on 50 districts which have products that are scalable and hold huge export potential

DGFT issues RCs for 1.6 mn tonnes wheat export after May 13 ban order

The commerce ministry's arm DGFT has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said

Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans

ONDC promotes open networks for exchange of goods and services over digital or electronic networks.

PM Modi inaugurates Vanijya Bhawan; appeals for long-term export targets

Inaugurating the new Vanijya Bhawan in New Delhi, he said that the exports play a critical role in the transition of a country from developing to developed status

India, EU trade pact to help open doors for several domestic sectors

It will open the doors, we believe, to our textiles, leather, pharma, sports goods, some agri products, handicrafts, handlooms. All this will get a bigger market: Piyush Goyal

India fully protected interests of farmers, fishermen at WTO meet: Goyal

Goyal said that the decisions taken in the conference will further strengthen the role of the multi-lateral body in promoting global trade

India softens stance to hammer out a "no harm" trade deal at WTO meet

Piyush Goyal said perhaps this was the first ministerial where India set the agenda. "We were on the front foot. We were telling other countries what needs to be done"

Goyal says India's 'firm stamp' visible in outcome of every WTO meeting

India has been able to secure a favourable outcome at the WTO after many years, despite a strong global campaign against its farmers & fishermen, Commerce & Industry Minister Piyush Goyal, after the conclusion of the WTO's 12th Ministerial Conference in Geneva.

India's trade deficit hits record high of $24.3 bn in May: Govt data

Preliminary estimates released earlier in the month had put the trade deficit at $23.3 billion

Special treatment is non-negotiable right for all developing nations: Goyal

Special provisions provided to developing nations in all the agreements of the World Trade Organisation (WTO) through special and differential treatment are the non-negotiable matter for the emerging economies and they should be continued, commerce and industry minister Piyush Goyal said on Wednesday here. The gaps between the developing and developed members have not yet narrowed down in decades but in fact have widened in many areas. And because of that S&DT (Special and Differential Treatment) provisions continue to be relevant," he said. "S&DT is a treaty-embedded and non-negotiable right for all developing members," he added. The minister was speaking in the thematic session on WTO reform. As part of the proposed WTO reforms, developed countries are saying that developing countries are bypassing rules in the name of self-proclaimed development status in the WTO. On the other hand, developing nations, including India, are demandeurs for special and differential ...

India talks tough at WTO, says 'will not buckle under any pressure'

Commerce Minister Piyush Goyal cornered WTO for failing to protect the health of the people of poor nations during Covid-19 pandemic

G33 Ministerial Meet: Goyal concerned over stalemate on public stockholding

Goyal stressed that the decision related to the public stockholding and special safeguard mechanism are the key areas of concern for the developing nations

G-33 members must work together for fair, balanced outcome at WTO: Goyal

The minister was speaking at the G-33 Ministerial Meeting on the sidelines of the 12th WTO Ministerial Conference at Geneva

Latest LIVE: Eyeing Guj Assembly polls, AAP names 850 new office bearers

The active cases comprises 0.10 per cent of the total infections, while the national COVID-19 recovery rate was recorded at 98.66 per cent. Stay tuned for more

WTO MC12: Draft on fisheries subsidies does not meet India's demands

The draft specifies a transition period of seven years for developing nations, instead of 25 years, for exempting some developing countries from subsidy cuts

Pawar urges PM Modi to raise sugar export quota by another million tonnes

Production of the sweetener is expected to be higher than earlier estimates

India's bilateral trade with Gulf Council grows at rapid pace, data shows

Bilateral trade has increased to USD 154.73 billion in 2021-22 from USD 87.4 billion in 2020-21