New Delhi, July 22 (IANS) Analysts on Wednesday said that there would be minimal impact on Indian pharma companies supplying medicines to US market, as US President Donald Trump has announced plans to impose tariffs on generic drugs from 2028.Multiple Indian companies have subsidiaries in the US and there is considerable difference in the pricing at which goods are transferred to US market and then subsequently sold in US market. The tariff is presumably at pricing at which it enters US market.S…
Latest Global Trade Research Initiative News & Updates
New Delhi, July 15 (IANS) Indian companies in labour‑intensive sectors such as textiles, garments, footwear, automobiles and marine products were preparing to capitalise on the India‑UK free trade agreement (FTA) that took effect on Wednesday, a new report has said.The agreement removes or reduces tariffs on about 99 per cent of Indian exports to the UK, a change that could erase a competitive disadvantage India faced against countries such as Bangladesh and Pakistan, whose goods entered the…
Muscat/ New Delhi, June 11 (IANS) The India‑Oman Comprehensive Economic Partnership Agreement (CEPA) is special as it comes into force at a time when India faces a sharp disruption in Gulf trade after the Strait of Hormuz crisis and also because of Oman’s unique geography.Oman’s unique geography including its coastline and major ports such as Salalah and Duqm which lie outside the Strait of Hormuz, keeping them accessible even when Strait traffic is disrupted, the report from Diplomat said.T…
New Delhi, April 21 (IANS) India-linked tariff refunds on exports to the United States are expected to be in the region of $10 to $12 billion after the US authorities opened a $166 billion claims window for customs duties imposed by the Donald Trump administration that were later struck down by the courts, according to a report by Global Trade Research Initiative.The refund process opened on April 20, and claims can be filed only by US-based importers, which means Indian exporters have no direct…
New Delhi, Jan 25 (IANS) India and the European Union are expected to announce the conclusion of talks on a long-pending free trade agreement on January 27, a deal that leaders on both sides have described as the “mother of all deals”. The agreement, which has been under negotiation for more than a decade, is seen as a major step in deepening economic ties between the two regions at a time of growing global trade uncertainty, as per reports.According to a research note by Emkay Global dated Janu…