India improves score in ease of cross-border trade

Source – Live Mint Synopsis – India has improved its ease of cross border trade ranking, the overall score is higher than many OECD nations and the average of the EU. Introduction  India has made significant progress in the ease of cross-border trade as per the latest UN Global Survey on Digital and Sustainable Trade… Continue reading India improves score in ease of cross-border trade

Imports from U.S. to grow, trade Ministers to meet soon

Indian Prime Minister has met US President on the sidelines of the G-7 Summit in France. During the meeting,the Indian PM said that India has planned to increase imports including oil from the US and $4 billion worth of imports were already in the pipeline. India and the US has differences over trade imbalance between… Continue reading Imports from U.S. to grow, trade Ministers to meet soon

Modi, Trump to meet: Kashmir and trade will be on table

Indian Prime Minister will meet US President on the sidelines of the G-7 Summit in France. The two leaders are expected to hold talks to resolve the differences over trade and investment. India and the United States has differences over issues such as trade imbalance between India and the US.India’s exports to the U.S. in… Continue reading Modi, Trump to meet: Kashmir and trade will be on table

Modi, Johnson agree to step up bilateral cooperation

Indian Prime Minister has met the UK Prime minister at the sidelines of G-7 summit being held in Biarritz,France.  The two leaders discussed ways to strengthen bilateral cooperation in trade, defence and security. This meeting came against the backdrop of the Indian government revoking the special status to Jammu and Kashmir and bifurcating the state… Continue reading Modi, Johnson agree to step up bilateral cooperation

India and U.S. resolve to work through their trade differences

India and the U.S has said that both countries will resolve their differences through talks which had led to deadlock on trade issues. The two countries had discussion of a host of bilateral and global issues such as (a)purchase of S-400 defence system (b)trade irritants (c)Gulf situation (d)Iran crisis (e)counter-terror partnership and (f)India’s proposed laws… Continue reading India and U.S. resolve to work through their trade differences

India delays levying retaliatory tariff on U.S. goods to June 16

Indian government has decided to extend the deadline to impose retaliatory import tariffs on 29 US products till June 16,2019. These deadlines were extended several times since June 2018 when India decided to impose these duties in retaliation to a move by the US to impose high customs duties on certain steel and aluminium products.… Continue reading India delays levying retaliatory tariff on U.S. goods to June 16

Tariff hike to hit exports to U.S.

The US has announced its decision to terminate India’s designation as a beneficiary of its Generalized System of Preferences (GSP). This decision comes in the backdrop of US having concerns over a range of issues like (a) India’s new rules on e-commerce that affected firms such as Amazon and Walmart (b) Data localisation rules which… Continue reading Tariff hike to hit exports to U.S.

U.S. to discuss trade, e-com rules with India

U.S. and Indian government officials will hold talks to resolve their differences over trade and investment. India and the United States have differences over a range of issues like a) India’s new rules on e-commerce that affected firms such as Amazon and Walmart b) Data localisation rules which forced foreign companies to store their data… Continue reading U.S. to discuss trade, e-com rules with India