Washington, May 25 (IANS) India and Canada are aiming to nearly double bilateral trade to $50 billion within the next five years as both countries push to reset economic ties and fast-track negotiations on a comprehensive trade pact, India’s High Commissioner to Canada, Dinesh K Patnaik, said in an exclusive interview to IANS.The comments come ahead of Union Commerce and Industry Minister Piyush Goyal’s visit to Canada from May 25–27, accompanied by one of the largest Indian business deleg…
Latest Economic relations News & Updates
Washington, May 6 (IANS) The United States trade deficit widened in March as imports outpaced exports, even as the American goods gap with India narrowed compared to the same period last year, according to official data.The US Census Bureau and the Bureau of Economic Analysis said the overall goods and services deficit rose to $60.3 billion in March, up $2.5 billion from a revised $57.8 billion in February.US exports in March stood at $320.9 billion, an increase of $6.2 billion from February, wh…
New Delhi, April 25 (IANS) Polish Ambassador to India, Piotr Antoni Switalski, stated recently that Poland is a “staunch advocate” of enhancing the relationship between the European Union and India across various sectors, including Defence, in light of the recent Free Trade Agreement (FTA).In an interview with IANS, Switalski expressed satisfaction with the interest of Polish companies in selling, manufacturing, and investing in India. He also noted that several Indian Defence companies have ind…