Page 6 - Trade

Russia-Ukraine war: India eyes Mercosur deal to import crude sunflower oil

May have to reduce import duty, scrap strict requirements for S. American bloc

US recovery helped India achieve the $400-billion mark for exports

During the first 11 months of the fiscal year, outbound shipments to China grew at 7 per cent, with shipments valued at $19.8 billion.

Faltering Sri Lanka holds strategic importance for India, shows data

The share in India's total exports declined from 2.16 per cent in FY15 to just 1.3 per cent in the first 10 months of the current financial year.

Need to develop all-weather deep-water port in India, says Tharoor in LS

He said the development of ports in India is "important" as ships carry 90 per cent of the world's goods around the globe.

Sri Lanka reforms anti-terror law as European Union reviews trade scheme

Sri Lankan lawmakers on Tuesday approved reforms to a harsh anti-terror law that rights groups have long criticized, as the country looks to shore up its trade relations with the European Union

Trade delegation to Ethiopia announced

.

FTP should be extended for six more months

No new ideas have emerged on what the new FTP should be, despite meetings with the stakeholders through the Board of Trade and Export Promotion Councils

Unprecedented sanctions against Russia to impair trade in Europe: IMF

Extraordinary sanctions imposed against Moscow over Ukraine war will weaken financial intermediation and trade and will surely lead to the recession, IMF officials said in a blog published on Tuesday

India, Canada to hold talks on proposed free trade pact on Thursday

India and Canada on Thursday will hold discussions on ways to strengthen economic ties and proposed free trade agreement between the two countries, the commerce ministry has said. Canadian International Trade Minister will be visiting India from March 10-13 to hold the fifth India-Canada Ministerial Dialogue on Trade and Investment (MDTI). The meeting will be co-chaired by Commerce and Industry Minister Piyush Goyal. "During the MDTI meeting, various bilateral trade and investment issues will be discussed in order to further strengthen the bilateral ties and economic partnership including India-Canada Comprehensive Economic Partnership Agreement (CEPA)," it said. The bilateral trade stood at USD 5.7 billion (exports USD 3 billion and imports USD 2.7 billion) in 2020-21 as against USD 6.7 billion in 2019-20. Major Indian exports to Canada include drugs and pharmaceutical products, iron & steel products, marine products, cotton fabrics and readymade garments and chemicals, while ...

Russia's invasion of Ukraine, sanctions leave global trade in tatters

Since Russia's invasion of Ukraine, hundreds of tankers and bulk carriers have been diverted away from the Black Sea

Piyush Goyal calls for increasing India's share in global trade to 10%

Goyal called for taking India among the top three nations in Global Services Trade.

Ambuja Cements, Nuvoco Vistas gain up to 6% on heavy volumes; here's why

Shares of state-owned construction & engineering company NBCC (India), meanwhile, soared 13 per cent to Rs 39 on the BSE

German exports to non-EU countries increases by 10.5% in January

The US remained the largest market for German exports

Services exports may reach $325 billion in fiscal year 2023: SEPC

SEPC chairman said by the end of the ongoing fiscal year, services exports would reach about $250 billion

United Arab Emirates, India to sign trade, investment deal on Friday

UAE de facto ruler Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi will witness the signing of the UAE-India Comprehensive Economic Partnership Agreement (CEPA).

Australia's trade minister to visit India to further FTA negotiations

Australia's Minister for Trade, Tourism and Investment Dan Tehan will travel to India on Wednesday

First round of India-UK free trade agreement negotiations complete

The second round of negotiations is scheduled to take place from 7 to18 March

India, central Asian countries pitch for boosting trade, connectivity

Leaders of five central Asian countries welcomed India's proposal to establish a joint working group to boost connectivity to the region through the Chabahar port in Iran

Electronic goods exports up 49% in April-December 2021, says govt

Top five export destinations were the US, UAE, China, Netherlands and Germany

India-South Africa trade exceeds $10 billion target set by leaders

This was despite the restrictions posed by the Covid pandemic in both countries: Consul General Anju Ranjan