New Delhi, April 21 (IANS) India and South Korea have signed a Memorandum of Understanding to bolster cooperation in the Micro, Small, and Medium Enterprises sector as part of efforts to strengthen bilateral economic ties during President Lee Jae Myung’s visit to India. The Memorandum of Understanding was signed between India’s Ministry of Micro, Small, and Medium Enterprises and South Korea’s Ministry of SMEs and Startups, according to an official statement issued on Tuesday.The Memor…
Latest Comprehensive Economic Partnership Agreement News & Updates
New Delhi, April 20 (IANS) South Korean President Lee Jae Myung said on Monday that he and Prime Minister Narendra Modi agree that India and South Korea can be most ideal partners for comprehensive cooperation to promote mutual growth and innovation. While addressing a joint press meet with PM Modi following their talks in New Delhi, President Lee announced that India and South Korea have agreed to upgrade economic cooperation framework to create new drivers for mutual growth. He stated that Ind…
New Delhi, April 7 (IANS) The proposed Comprehensive Economic Partnership Agreement between India and Canada gains huge leverage from the complementary nature of both country’s economies, a new report has said.The report from Asian News Post highlighted that India’s fast‑growing consumer market, strength in services sector and manufacturing push pairs perfectly well with Canada’s resource base, advanced research and clean‑technology expertise.This complementary nature creates a natural b…
New Delhi, March 4 (IANS) India has highlighted the potential for growth in exports to Japan in sectors such as textiles, pharmaceuticals, agriculture, and services, at a high-level meeting in Tokyo, for achieving a more balanced bilateral trade relationship, according to a statement issued by the Ministry of Commerce and Industry on Wednesday.During the 7th Joint Committee meeting under the India–Japan Comprehensive Economic Partnership Agreement (CEPA) held this week, both sides reviewed iss…
New Delhi, March 3 (IANS) Industry body Apparel Export Promotion Council (AEPC) on Tuesday welcomed the strengthening India‑Canada ties, especially resumption of negotiations on a Comprehensive Economic Partnership Agreement (CEPA), which could significantly boost apparel exports to Canada.Dr A. Sakthivel, Chairman, AEPC, said that the signing of CEPA could double the exports to Canada in next three years, besides creating huge opportunities for investment and job creation.The comprehensive tr…
New Delhi, March 3 (IANS) Recently concluded $2.6 billion uranium supply agreement of Canada with India strengthens Ottawa’s economic ties in the Indo‑Pacific, uses India’s sheer “scale of industrial growth” and helps reduce reliance on US as a single market, a report has said.The report from One World Outlook said the agreement, announced as part of a broader Strategic Energy Partnership, links a premium Canadian resource to one of the world’s fastest-growing energy markets marking a shif…
New Delhi, March 2 (IANS) Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney, on Monday, set a year-end target to complete the negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the two countries and agreed to deepen bilateral collaboration in the energy and critical mineral sectors. “The two leaders welcomed the conclusion of a CAD $2.6 billion commercial agreement between Cameco and the Department of Atomic Energy for the long-term supply of uran…
New Delhi, March 2 (IANS) Prime Minister Narendra Modi on Monday called terrorism, extremism and radicalisation “grave challenges” for India and Canada, as well as for “all of humanity”.The Prime Minister made these remarks during the joint press meeting with his Canadian counterpart, Mark Carney. “We agree that terrorism, extremism, and radicalisation are grave challenges faced not only by our two countries but by all of humanity. Close cooperation between us in combating these threats is essen…
New Delhi, March 2 (IANS) India and Canada took a major step forward in their relationship on Monday by signing a landmark uranium supply agreement worth $2.6 billion.The agreement was signed during talks between Prime Minister Narendra Modi and his Canadian counterpart Mark Carney at Hyderabad House in the national capital.The uranium deal will help India secure a long-term supply of fuel for its civil nuclear energy programme.Both leaders said the agreement would strengthen cooperation in clea…
New Delhi, March 2 (IANS) Prime Minister Narendra Modi said on Monday that India and Canada will work towards enhancing defence industries, maritime domain awareness and military exchanges and announced the establishment of a defence dialogue. While addressing a joint press meet with his Canadian counterpart, Mark Carney, following their talks in New Delhi on Monday, PM Modi said, “The growing cooperation in the field of defence and security is a symbol of our deep mutual trust and the maturity …