New Delhi, Jan 27 (IANS) The India-EU free trade agreement (FTA), together with the government’s recent FTAs with the UK and the European Free Trade Association (EFTA), effectively opens the entire European market for Indian exporters — marking a strategic breakthrough in India’s trade diplomacy, the Federation of Indian Export Organisations (FIEO) said on Tuesday.The EU agreement comprehensively covers trade in goods and services, rules of origin, customs facilitation, trade remedies, and …
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New Delhi, Jan 17 (IANS) China’s deal with Canada to export up to 49,000 Chinese electric vehicles (EVs) represents more than a bid for market access but a ploy for market domination that could hollow out the North American country’s domestic auto production, a report has warned.The report from Windsor Star said that as Canada’s Prime Minister Mark Carney visited Beijing, “he should know that just like US President Donald Trump, Chinese Counterpart Xi Jinping also doesn’t want Canada to buil…
Seoul, Jan 5 (IANS) Hyundai Motor Group Executive Chair Euisun Chung said on Monday the artificial intelligence (AI)-driven industrial transition will create greater growth opportunities for the group, while calling for faster decision-making supported by clear and timely communication.In a pre-recorded New Year’s roundtable with senior executives, Chung said the group’s extensive data on “moving physical assets” such as vehicles and robots, along with its manufacturing process data, constitutes…
New Delhi, Dec 23 (IANS) The India-New Zealand Free Trade Agreement reflects a defining moment in India’s trade diplomacy, opening new avenues for comprehensive economic cooperation, according to an official statement.By securing improved market access for Indian goods, expanding opportunities in services and mobility, and deepening collaboration in agriculture, investment and emerging sectors, the Agreement delivers tangible and wide-ranging benefits across the economy.The FTA eliminates duty…