Search Result for : Preferential Trade Agreement Pta

Aamir H Kaki & Ahmad Shariq Khan Chile is open to support the candidature for India membership to Asia-Pacific Economic Cooperation (APEC), said former President of Chile Eduardo Frei Montalva on Wednesday. “However, all the resolutions for the entry of a new country is to be decided by all the members of the forum,” he told The Dollar Business on the sidelines of a seminar on Chile-India Expanded Agreement: Opportunities for Bilateral, Economic, Trade and Investment Relations, in New Delhi. On the question of how the Trade Agreement between the two countries helped in enhancing trade, the Former President said, “First of all, I would like to express that the Trade Agreement that India and Chile was established in 2007, and then expanded ...

The Dollar Business Bureau Commerce Secretary, Rita Teaotia had led an official and a business delegation to Ecuador and Colombia from 16th to 19th May. The Commerce Secy’s visit to Ecuador could in many ways reveal India’s keenness to further its interests in the country. The Indian side had representatives from Pharma, IT, Auto, Mining & Construction, Bio Fuels, Agro-Chemicals, Iron & Steel and Textiles and representatives from FICCI accompanying the Secretary. Ecuador though a tiny country holds many promises through its natural resources. It has gold reserves of 2,25,000 tons, silver reserves of 12,500 tons and as per an OPEC official release, its total share of OPEC production in crude is 1.7% and as per Jan 2017 stats, has produced 536.00K barrels ...

The Dollar Business Bureau The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved signing and ratifying an Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters. The Agreement will help in the availability of relevant information for the prevention and investigation of Customs offences. The Agreement is also expected to facilitate trade and ensure efficient clearance of goods traded between the countries. The draft Agreement takes care of Indian Customs' concerns and requirements, particularly in the area of exchange of information on the correctness of the Customs value declared, the authenticity of certificates of origin of goods and the description of the goods traded between the two countries. The Agreement would provide a legal framework for sharing ...

The Dollar Business Bureau Time is not yet ripe for India to go ahead and sign a Free Trade Agreement (FTA) with China, says the Associated Chambers of Commerce of India (ASSOCHAM).  This was stated by the ASSOCHAM in its paper on ‘Should India sign a Free Trade Agreement with China?’, released on Monday. In its study, the ASSOCHAM further suggested that such FTA may not fit at this point of time, even though such an arrangement is a key issue of economic cooperation in order to face Chinese competitiveness in the international markets. The Sino-India economic cooperation is huge and important, but, at this juncture, it would bring gains in favour of China and will further reinforce the existing ...

The Dollar Business Bureau | @TheDollarBiz Finalising SACU TPA negotiations will help India conclude negotiations on India-SACU-MERCOSUR trilateral agreement on trade   Radha Mohan Singh, India’s Minister for Agriculture, has urged for an early finalisation of the India and Southern African Customs Union (SACU) Preferential Trade Agreement (PTA) which will help protect Indian exports against fluctuations in the western markets.  In a meeting with Senzeni Zokwana, Minister of Agriculture, Forestry and Fisheries, South Africa, Radha Mohan Singh said that bilateral trade between India and South Africa stood at $11.15 billion in FY2013-14, which is commendable considering the economic turmoil and global recession witnessed in EU and USA. He also urged his South African counterpart to increase imports of grapes, wheat, sugar and ...