Search Result for : India Eu Fta

The Dollar Business Bureau  After completing his engagements in Germany, Prime Minister Narendra Modi arrived in Madrid, the capital of Spain, on the second leg of his four-nation, 6-day tour focussed at enhancing bilateral economic cooperation with these four nations and to invite more investments into India.  “Landed in Spain, marking the start of a very important visit aimed at improving economic and cultural relations with Spain,” Modi tweeted just after landing in Spain.  Modi will be the first Indian Prime Minister to visit Spain in around 30 years. The last one was in 1988 by the then Prime Minister Rajiv Gandhi. “Hola Espana! Prime Minister Modi arrives in Madrid, first visit by an Indian Prime Minister in nearly three decades, is received by ...

Sheela Mamidenna Earlier in 2017, the Prime Minister Narendra Modi while addressing a geopolitical conference said, “Our economic and political rise represents a regional and global opportunity of great significance. It is a force for peace, for stability and an engine for regional and global prosperity. For my government, this has meant a path of international engagement focussed on building development partnerships that extend from the islands of the Indian Ocean and Pacific to the islands of the Caribbean and from the great continent of Africa to the Americas. Creating Indian narratives on global challenges.”  Well, for that matter, trade agreements play an important role in leveraging a country’s economic growth. Concurring to it, our globetrotting Prime Minister has made more than ...

Sharath Chowdary  A delegation from Belgium is exploring trade opportunities in the state of Telangana. The European country is keen to invest in several areas including smart cities, waste management and engineering goods. Information technology, financial technology, telecom and health care are some of the main sectors where there are lot of possibilities for Indian business firms in Belgium, Brussels Area Manager-Inward Investment Verbiest Laurent told The Dollar Business Bureau. Laurent was speaking to the press after participating in a seminar, 'Brussels: Gateway of Investments to Europe' organised by the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI) in association with Ministry of Brussels Capital Region and SAS Partners Corporate Advisors, in Hyderabad on Wednesday. According to reports released by ...

Source: PTI Within a fortnight of Prime Minister Narendra Modi's visit to Brussels to attend the Indo-EU Summit, the European Union on Wednesday said it is keen to conclude the long-pending FTA with India, but both partners should first establish their objectives clearly. "We are very much interested to have such an agreement (FTA). There are certain interests on the European side as well as on the Indian side and let's first discuss them at a proper level to establish what are our objectives, what are our levels of ambitions to fix the main elements before we go into more negotiations," EU Ambassador to India Tomasz Kozlowski told reporters in Mumbai. Talks for the free trade agreement (FTA), officially known as the Broad-based ...

The Dollar Business Bureau Even in the absence of FTA between the EU and India, bilateral trade escalated to $97.6 billion (€72.5 billion) in 2014 from $31 billion (€28.6 billion) in 2003   India and the EU are likely to resume discussions on bilateral free trade agreement (FTA) in January, senior EU officials have said. The EU's new ambassador to India, Tomasz Kozlowski, had earlier said that negotiations will take place next month, and a date is being organised for the next India-EU summit, which will be held in the first half of the next year. “The new talks will essentially be a "stock-taking" exercise following up the initial moves made at the November G20 meeting in Turkey, where EU leaders ...

The Dollar Business Bureau The government on Wednesday decided to defer the proposed talks between the chief negotiators on India–European Union Broad-based Investment and Trade Agreement (EU-BTIA) for the present. The decision was taken as the government is disappointed and concerned by the action of EU in imposing legally binding ban on the sale of around 700 pharma products clinically tested by GVK Biosciences, Hyderabad, an official statement said. Pharmaceutical industry is one of the flagship sectors of India which has developed its reputation through strong research and safety protocols over the years and therefore the government will examine all options in this regard. It is pertinent to mention that most of these drugs are already in EU market for many years ...

Sai Nikesh | The Dollar Business The Union Ministry of Commerce & Industry, on Monday, expressed the Government of India’s (GoI) willingness to go ahead for Free Trade Agreement (FTA) with the European Union (EU). To this effect, the Union Commerce Minister, Nirmala Sitharaman said that New Delhi was ready for talks with the EU over the trade facilitation agreement, which has been pending since a long time. Referring to EU countries as India’s long-standing traditional trade partners, the Minister further informed that the EU ambassador and ambassadors of the individual EU countries were also given assurance in this regard. The Ambassador of the EU community was also said to have raised concerns about this long-pending issue and has ...