Seoul, May 7 (IANS) South Korea has called on the international community to jointly respond to the recent spread of trade restrictive measures by major economies in a high-level meeting of World Trade Organization (WTO) member nations, the trade ministry said on Thursday.Kwon Hye-jin, director general for trade negotiations at the Ministry of Trade, Industry and Resources, attended the WTO’s General Council meeting held for two days beginning Wednesday (local time) in Geneva, as the chief repre…
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Mumbai, Feb 28 (IANS) India and the European Union have agreed to give each other Most-Favoured-Nation (MFN) treatment for five years after their proposed free trade agreement (FTA) comes into force. The move is aimed at ensuring fair and equal treatment in trade in services between both sides.Under the MFN provision, service sectors and service providers from India and the European Union will be treated at least as favourably as those from any other country.This means neither side can give bett…
Hyderabad, Jan 20 (IANS) Telangana Chief Minister A. Revanth Reddy said on Tuesday that the state government is in continuous engagement with the Union government for securing approval for the Hyderabad Metro Rail Phase–II. Referring to his recent meeting with Union Minister for Housing and Urban Affairs Manohar Lal, the Chief Minister said that the state government is undertaking all required actions from its side for the approval of Metro Phase–II.In reply to a letter written by Union Mini…
Hyderabad, Jan 16 (IANS) Union Minister for Coal and Mines G. Kishan Reddy on Friday urged Telangana Chief Minister A. Revanth Reddy to complete the takeover of Hyderabad Metro Rail’s first phase from Larsen and Tourbo to pave the way for the second phase of the project, which the Centre is ready to undertake along with the state government.He requested the State government to take over Phase-I as soon as possible and send the necessary proposals for the construction of Phase-II to the Central g…