A regular engagement between India and the United States under the bilateral Trade Policy Forum mechanism will help remove barriers to trade, facilitate higher levels of investment, the USIBC said
With the Biden administration now insisting on resolving irritants first, rather than going for a mini deal, the focus on Trade Policy Forum has again emerged.
In the past, India had extensive discussions with the US on a limited trade deal, with the regime of Donald Trump
Prime Minister's Office reportedly pushing foreign and commerce ministeries to deliver on initial deals with countries including Australia and the UK
Exports can enable sustainable economic growth
India has significantly improved its ranking in terms of trade facilitation due to various reforms undertaken by various departments especially customs under the Central Board of Indirect Taxes
A think tank paper has recommended India to establish a new body of experienced trade negotiators with a designated trade representative within the ministry of commerce
Prime Minister Narendra Modi on Saturday termed the inclusion a 'landmark' step and said that the move would help boost traders business and would also give them various benefits
Launches 14-week consultation to seek views of the public and businesses
Announce £1 bn worth of new investment
Pakistani buyers have already started making inquiries about buying Indian sugar and cotton, which is being offered at lower prices than supplies from other countries, five dealers said
Exemption from payment of IGST and compensation cess on the imports made under advance authorisations and by export oriented units has also been extended
The country's exports have recorded a growth of 5.4 per cent in January
World Trade Organization's members commended steps taken by India to improve trade and economic policies in a more inclusive and sustainable manner
Commerce and Industry Minister Piyush Goyal has said that people from all over the world should have confidence that they can do business in India, buy land and expand their manufacturing
In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more
Self-reliance cannot be a superior alternative to open trade
Indian business community felt it would be swamped by imports with low duties, which it would not be able to compete with. The govt decided that it cannot afford to take the chance
If India misses out on attracting some of the new global trading infrastructure, it could be locked out of several years of growth
It is meant to strengthen the provisions for checking misuse of exemptions for imports under various trade agreements