Search Result for : India Asean Fta

Indias FTA with the Association of South East Asian Nations (ASEAN) has considerably benefited its two-way trade, with an increase of 33% in exports and 79% in imports The Dollar Business Bureau FTA, Exports, FTA Impact on Exports, Economic Survey 2016, India-ASEAN Trade, India-ASEAN FTA, TPP Impacts in India   Indias 42 free trade agreements (FTAs) so far have resulted in more imports than exports, the Economic Survey 2015-16 released by Finance Minister Arun Jaitely on Friday revealed, outlining reasons such as the countrys greater tariff reduction as compared to its FTA partners. The survey underscored that the country needs to respond with measures, such as safeguard duty and anti-dumping duty to make progress on FTAs, in line with the World Trade Organisation, besides ...

The Vice President said that India was willing to set up a fertilizer plant in Brunei for producing fertilizers using of the hydrocarbon resources available in that country The Dollar Business Bureau As demand for energy expands in India, the opportunity to enhance exports of hydrocarbon to India continues to grow   Indias growing energy requirements offer Brunei an opportunity to enhance exports of hydrocarbon to India, besides moving beyond the typical seller-buyer relationship, Vice President Hamid Ansari said on Wednesday. As India embarks upon a sustained high growth trajectory, the energy requirements in India are increasing. This offers Brunei an opportunity to enhance export of hydrocarbon to India. There is tremendous potential to diversify and do value-addition in the hydrocarbon export chain, said ...

Sai Nikesh | The Dollar Business Large scale new investments planned in India’s paper industry with an estimated current turnover of Rs 50,000 crore, have been put on a backburner as a result of rise in cheap imports, Indian Paper Manufacturers’ Association (IPMA) told The Dollar Business, on Thursday. In this regard, it said, “We have asked the government to impose 10% special additional duty on imports of paper and paperboard on actual use basis and for bringing the basic customs duty on import of the same from ASEAN countries back to the Most Favoured Nation (MFN) rate.” The government was also asked to review all existing Free Trade Agreements (FTAs) and to keep ‘paper’ in the negative list in all ...

The Dollar Business Bureau India has accorded high priority to economic engagements with CLMV countries, and is establishing seamless physical connectivity with the region   The Indian government has said that it will focus on increasing bilateral ties with countries in the CLMV region, comprising Cambodia, Lao PDR, Myanmar, and Vietnam under its “Look East” policy. Speaking at the CLMV Business Conclave, India’s Commerce Minister, Nirmala Sitharaman, said that India’s trade with the CLMV countries is mostly with Vietnam and in a few items and there is a tremendous scope to deepen and widen the trade basket in India’s trade ties with this region. She said, “Currently, 70-80% of India-CLMV trade is centred around only a few products. I think ...