"Such trade facilitation can also help in enhancing our exports; logistics cost will also come down," the official said
India exported goods worth $285.9 billion during the June-January period, up 3.1%
The clause was added to the agreement to encourage other countries to join the pact, making it a regional agreement, the sources said
India on Friday flagged to the UAE some of the issues faced by its agriculture sector, including problems faced by rice exporters, during a meeting here. S Vikramjit Singh, MP, Chair, India-Arab Council, and Member of the India-UAE Joint Task Force, met Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of UAE and discussed various areas of bilateral cooperation. Singh said that trade with the UAE would take new dimensions with two major bilateral agreements already in place. He also flagged issues faced by the Indian agriculture exporters to the Gulf nation. Major discussions took place between both sides regarding trade between India and the UAE after the conclusion of the Comprehensive Economic Partnership Agreement (CEPA) and the Free Trade Agreement (FTA), Singh said in a statement. Singh, a member of the India-UAE Joint Task Force, flagged the key issues faced by the agriculture sector regarding the rejection of rice exports from India due to the presence of
The consortium is led by ONGC Videsh Ltd (OVL) and includes companies like Indian Oil Corporation Ltd (IOCL), Bharat PetroResources Ltd (BPRL) and Oil India Ltd (OIL)
A greater use of the rupee in tea trade is an encouraging sign, but it's unlikely to boost the currency's status in a major way
In a symbolic gesture for operationalising the agreement, Commerce Secretary BVR Subrahmanyam handed over Certificates of Origin to three exporters from the gems and jewellery sector here
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The CEPA signed between India and the UAE will give a big boost to the gems and jewellery sector and help create more than one million jobs, Commerce Secretary B V R Subrahmanyam said on Saturday.
Implementation of the comprehensive free trade agreement between India and the UAE would help boost the country's exports and creation of lakhs of jobs, according to exporters.
The CEPA signed between India and UAE on Friday will lead to opening doors to new opportunities for trade and investments between two countries and benefit SMEs and startups, FICCI said on Saturday.
The comprehensive free trade agreement signed between India and the UAE would help two-way commerce reach the USD 100 billion mark in over five years, Commerce and Industry Minister Piyush Goyal said
India and UAE have collaborated closely during the Covid pandemic in critical areas of healthcare and food security
The United Arab Emirates and India will sign a trade and investment agreement on Friday during a virtual summit attended by the countries' two leaders, the UAE and Indian local media said.
Exporters body FIEO today said huge business opportunities exist in the UAE for domestic textile and apparel sector. It said a 112-member business delegation from the sector is participating in the 'International Apparel & Textile Fair' (November 1-3) in Dubai. India is UAE's largest trading partner and export to the Emirates in 2016 touched USD 32 billion, FIEO (Federation of Indian Export Organisations) said in a statement. A Sakthivel, Regional Chairman, FIEO Southern Region said India and the UAE need to work together in textile segment to promote trade of high quality products. It also said India earns around 27 per cent of the foreign exchange from export of textiles. The sector contributes about 14 per cent of the total industrial production of India. The sector employs over 35 million people directly and accounts for 21 per cent of the total employment generated in the economy, it added.