FTA

India, UAE to start talks for trade pact on Thursday: Piyush Goyal

The two countries also look to sign a formal agreement, officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), in March 2022 after the completion of internal legal procedures and ratification.

Commerce and Industry Minister Piyush Goyal

Stiff target: New Foreign Trade Policy aims for exports of $1 trillion by FY26

To achieve the ambitious goal, exports must grow 15% CAGR, against barely 5% in the five years through FY20

There is an "urgent" need for the WTO members to take action, to use existing tools for improving access, the statement said.

Can FTAs be leveraged for FDI?

Once tariffs are eliminated, the markets of the FTA partners can be served from a single unified location. This allows some firms to grow beyond what is achievable in the national market of a single country

Similarly, core imports rose 45% year-on-year and marginally from the level witnessed in July 2019. Brent crude oil prices jumped 74% in July from a year earlier.

India-European Union FTA: Talks to restart soon on realistic note

Experts, too, suggest that both the sides need to work on less controversial issues first; the more difficult ones can be taken up later, as any deal there will take time to materialise.

There is an "urgent" need for the WTO members to take action, to use existing tools for improving access, the statement said.

India should now aggressively pursue FTAs with EU, UK: Trade experts

Britain clinched a historic deal with the European Union on Thursday as both sides managed to thrash out a post-Brexit free trade agreement just days before the December 31 deadline.

The two countries also expressed commitment to relaunch the UK-India CEO Forum and agreed on the Forum's meeting at the earliest.

The elephant in the room: Chinese import fears weighed heavy on India’s decision to reject RCEP

RCEP: While rejecting the deal, Prime Minister Narendra Modi told the leaders that the RCEP in its present form was against the spirit of give and take.

RCEP, ASEAN summit, RCEP trade deal, India won't join RCEP, india economy, pm modi, modi, free trade, economy, economy news, indian economy, india

RCEP: ‘India doesn’t have quality research or information to negotiate a good trade deal’

Farmers groups and the Congress have criticised the government for not sharing the details of proposed agreement with ASEAN and five other countries.

India Asean trade, RCEP, Narendra Modi, RCEP News, Jairam Ramesh, Protest

China signs pact aimed at fighting multinational tax avoidance

China said it has signed a multilateral agreement to share tax information on multinational companies, paving the way for it to join the fight on global tax avoidance.

China, multilateral agreement,multinational companies, global tax avoidance, OECD, Forum on Tax Administration (FTA), Beijing, G20 leaders, Base Erosion, Profit Shifting

FTAs mark 12.1% growth in March; Bangladesh tops source countries

Foreign tourist arrivals in March 2016 has recorded 12.1 per cent growth over the same period last year, according to Ministry of Tourism's monthly compilation of estimates of FTAs

e-Tourist Visa arrivals mark 347.5% growth in March

A total of 1,15,677 tourists arrived in March, 2016 on e-Tourist Visa as compared to 25,851 during the same month last year, registering a growth of 347.5 per cent

FTAs in India marked 11.3% growth in February 2016

The compilation of monthly estimates of foreign tourist arrivals (FTAs) by Ministry of Tourism revealed a 11.3 per cent growth in FTAs in February 2016

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