New Delhi, July 6 (IANS) As part of the Centre’s outreach to help states boost exports, a Chintan Shivir on “Opportunities for the Seafood Sector under the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA)” was held in Chennai to maximise the benefits of the sharp reduction in tariffs which are now available under the trade pact.The high-level brainstorming session, organised by the Centre’s Department of Commerce and held on the sidelines of Seafoo…
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New Delhi, June 18 (IANS) The signing of the US‑Iran Memorandum of Understanding is a significant breakthrough that will reshape global trade dynamics and provide a macro‑economic breather for India’s export‑import community acting as a “logistical game-changer”, industry body FIEO said on Thursday.The conflict in West Asia suppressed India’s trade volume particularly with the Middle East and the US-Iran pact is expected to unlock pent‑up consumer and industrial demand, said S C Ralh…
New Delhi, Feb 7 (IANS) The US trade agreement framework represents a historic milestone for India’s textiles and apparel sector, industry leaders said on Saturday.On behalf of the entire textile and apparel industry, Dr A Sakthivel, Chairman of the AEPC (the official body of apparel exporters in India), welcomed the India-US joint statement on the trade deal. “The coming decade is poised to be India’s decade in textile trade, as the country emerges as one of the most preferred sourcing de…
Shillong, Feb 3 (IANS) Meghalaya Chief Minister Conrad Sangma on Tuesday said the state has strategically reoriented its economic approach towards building sustained, long-term partnerships, citing the creation of a strong trade ecosystem that has successfully elevated indigenous products such as local pineapples and curcumin-rich Lakadong turmeric into high-value exports in global markets. The Meghalaya government, in partnership with the Federation of Indian Export Organisations (FIEO), Minist…
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 …