Greater trade with ASEAN will be supportive of the prime ministerial call for greater Indian manufacturing for world markets
He also said that if some countries continue exporting low-quality goods or dumping products or routing exports through India's free trade agreement (FTA) partners, India would take actions
They say the underlying cause could be a huge drop in demand, which is not good for economic growth
New Delhi must pursue strategies that will enable it to take its place in an interconnected world
The Cabinet also approved 'The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020' to ensure barrier free trade in agriculture produce
Say Beijing's ability to retain MNCs can't be downplayed; Incentives are largely in place, India needs to focus on business environment as well
The Director General of Foreign Trade has also extended the validity of Handbook of Procedures 2015-20 till the end of March 2021
In a written reply to the Rajya Sabha, Piyush Goyal said that while there has been growth in both imports and exports to these FTA partners, the utilisation rates of these pacts have been moderate
There are a few theories that are particularly relevant in the context of India-US trade
He tells Aditi Phadnis India will not be able to put off crucial trade and other decisions in its dealing with the US much longer
The government has plans to conduct a spectrum auction in April-May which will also include airwaves for 5G services.
Currently, India meets only 3.3 per cent or USD 2.7 billion of the total annual import demands of USD 82 billion for these 20 products in China
India's exports are held back more by our inadequate policies than by any stagnation in world trade
What's the strategy to revive the economy? Mere fundamentals will not do the trick
The latest twist in India's policy on foreign trade may benefit the US
There is a need to draft policy guidelines at the international level to prevent damage to the environment
I was disappointed when India decided to opt out of the RCEP. We had all the time in the world to negotiate and get a good deal for ourselves
Indian Prime Minister Narendra Modi did not even mention the RCEP deal in opening remarks at a meeting with Southeast Asian leaders
The limited number of industries that have called for India to join RCEP need to address their own structural issues.
Modi has long sought to portray himself as both a reformer and a global statesman. A bold decision would not only shore up his reputation , it would point India in the direction of recovery