Page 11 - Trade Exports

India can explore $82 bn export potential in 20 products in China: Report

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

Flag countries placing non-tariff barriers on exports: Goyal to industry

He further said the stakeholders need to tell the government, which country is using any trade remedial measures or non-tariff barriers which impact their exports to that country

First vegetable shipment from Varanasi flagged off to Dubai via sea route

FPOs have been engaged to ensure supply of quality produce from the region, the release said

Industry demands export promoting measures, simplification of labour laws

Finance Minister Nirmala Sitharaman on Tuesday held discussions on regulatory environment impacting private investment and measures for promoting exports in a pre-budget consultation with stakeholder groups from industry, trade and services sectors. The representatives submitted suggestions concerning reduction of compliance burden and tax litigation, allowing self-certification in low risk industry, decriminalisation of tax and company laws. Besides, they demanded reduction of cost of equity capital, simplification and rationalisation of duties and labour laws, adoption of international standards of alternative dispute resolution, export development funds for helping MSME exporters and ease of investment flow into manufacturing sector. "The main areas of discussion during the aforesaid meeting included regulatory environment impacting private investment, measures for promotion of exports amidst rising protectionist tendencies, industrial production, logistics, media & ...

Best of BS Opinion: Stagnating exports, tightening lending standards

Business Standard Opinion pieces for the day, among other things, focus on what can be done to revive economic growth.

Back to square one on trade strategy

What's the strategy to revive the economy? Mere fundamentals will not do the trick

Trade disputes' fate hangs in balance with top WTO body about to lapse

Dispute settlement mechanism will break down as the 7-member appellate body becomes defunct on Dec 10

Lack of data hampers govt's services export promotion scheme: Officials

Senior officials said the lack of data had also hampered the government's push to administer the 12 Champion Services Sectors initiative

India may be looking at a dry spell for FTAs if RCEP falls through: Experts

Talks with major economies like the EU and US, among others, on trade and investment deals are stuck on similar issues

India's RCEP foray may prove disastrous for domestic industry: Expert

The limited number of industries that have called for India to join RCEP need to address their own structural issues.

China may impose $3.58 billion in annual trade sanctions on US: WTO panel

In the WTO ruling, a three-member arbitration panel said Chinese exporters suffered impairment to trade valued at $3.579 billion annually

Why India lost a major trade dispute with US at World Trade Organization

Outbound trade fell by 6.57 per cent in September, to a three-month low with the trade decline plaguing major foreign exchange earners

WTO panel upholds US case, rules India's export subsidies illegal

The panel largely agreed with US claims challenging export subsidies granted in the form of exemptions from customs duties and a national tax, while rejecting some US arguments

'Benefits on supplies from DTA linked to payment in foreign currency'

RoSL scheme has been brought back for a limited period

Govt reveals slew of measures to increase export credit to 30% in FY20

The commerce department clarified that the ECGC would cover not only outstanding principal of loans but also unpaid interest

Consideration and the levy of export tax

Exporters should review all situations where goods are sent abroad without any payment made or to be made

India's exports fall 9.7% to $25 billion in June as key sectors fare poorly

Second such fall in the past year; govt blames global trade conditions

Policy to boost exports on anvil as trade deficit hits new high of $176 bn

Imports of raw materials and capital goods are duty-free till their final clearance