Commerce ministry preparing industrial and e-commerce policies: Officials
In the seventies, the feeble attempts to promote exports started and gained some steam in the eighties
Import tariffs discourage trade; they do not reduce the trade deficit or foster a competitive manufacturing sector
The current institutional arrangement that disperses strategic decisions to the Ministry of Commerce and Industry and the Ministry of External Affairs lacks the necessary depth
As global giants embark on a trade war, pygmies in global trade like India may either get crushed or, if they play smartly, be able to increase their market share
Now, value of trade in goods and services, and remittances could be as high as $1.2 trn
The UK must acknowledge that foreign trade is a positive-sum game, and the correct policy is a unilateral adoption of free trade
An essential element of India's trade policy agenda has to be a state-of-the-art technical regulatory system
India came out with an elaborate foreign trade policy statement last year. Global developments thereafter have only accentuated need for a more persuasive agenda on international trade
The government has no choice but to take a good hard look at the implications of regional trade agreements and other global trends