Washington, March 12 (IANS) The United States has launched a trade investigation into structural excess manufacturing capacity across 16 economies. The list includes major exporters such as China and the European Union, as well as manufacturing hubs in Asia and emerging economies such as India, Bangladesh, and Cambodia.The USTR investigations will examine whether persistent trade surpluses and unused industrial capacity in these economies distort global markets and affect US manufacturing.The ec…
Latest Norway News & Updates
New Delhi, March 10 (IANS) The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) has completed two years since its signing, with the government on Tuesday highlighted that the pact is strengthening cooperation in trade, investment, services and technology.The agreement, which came into effect on October 1, 2025, is expected to deepen India’s economic ties with the EFTA member countries — Iceland, Liechtenstein, Norway and Switzerland …
New Delhi, Feb 28 (IANS) Around 40 buyers from 17 countries including South Korea, the UAE, Mongolia, Saudi Arabia, Oman, Singapore, Norway, Kuwait and the United Kingdom, attended the Buyer–Seller Meet in Gangtok, Sikkim, it was announced on Saturday.Nearly 20 leading Indian exporters, including NCEL, Basillia Organics, Flex Foods and Nexton, also participated, with approximately 100 Farmer Producer Organisations (FPOs/FPCs) from Sikkim.The Agricultural and Processed Food Products Export Deve…
Helsinki, Feb 20 (IANS) Norway will not join US President Donald Trump’s so-called “Board of Peace,” the country’s foreign ministry said.Speaking at the inaugural meeting of the “Board of Peace” at the US Institute of Peace, Trump said the United States would contribute $10 billion to the initiative and claimed that Norway would host a board event, Xinhua news agency reported.Ane Jorem, a spokesperson for Norway’s foreign ministry, rejected the claim and reiterated that Norway would not become a…
New Delhi, Feb 19 (IANS) Artificial Intelligence (AI) can play a crucial role in strengthening India’s maritime management, disaster response systems, marine livelihoods and overall blue economy, experts said on Thursday.The discussion took place during a panel session titled ‘AI for Oceans of Tomorrow: Data, Models and Governance’ at the India AI Impact Summit 2026 here.According to the Ministry of Earth Sciences, Director General of Meteorology Dr. M. Mohapatra, in his keynote address, h…
New Delhi, Feb 18 (IANS) Finance Minister Nirmala Sitharaman made a strong pitch for more foreign direct investment (FDI) in India at a roundtable meeting with prominent Norwegian CEOs and investors in Oslo on Wednesday.In her remarks at the event, the Finance Minister said: “My official visit to Norway has witnessed engaging and positive discussions on India as an investment destination and the fastest growing major economy of the world.”She also said that the Union Budget 2026-27 underpins the…
New Delhi, Feb 18 (IANS) Norway is looking forward to the visit of Prime Minister Narendra Modi, scheduled for later in the year, which would further expand bilateral cooperation, said Norwegian Prime Minister Jonas Gahr Store.In his meeting with Finance Minister Nirmala Sitharaman in Oslo, Store appreciated India’s reform momentum and said that Norway and India can collaborate in the sectors of fisheries, health tech, maritime and space. He also lauded the contribution of Indian diaspora in Nor…
New Delhi, Feb 17 (IANS) Finance Minister Nirmala Sitharaman, during her official trip to Norway, has told leaders in the country that India’s economic growth offers lots of opportunities to invest and grow.During her meeting with Jens Stoltenberg, Norway’s Minister of Finance, she discussed working together in the renewable sector, especially solar power, rare earth processing, carbon capture and storage.“Both leaders agreed to work towards leveraging the Trade and Economic Partnership Agre…
New Delhi, Feb 16 (IANS) Finance Minister Nirmala Sitharaman was set to meet Jonas Ghar Store, Prime Minister of Norway, and hold bilateral meetings with Norwegian Finance Minister Jens Stoltenberg along with Minister for Trade and Industry, Cecilie Myrseth, it was announced on Monday.She will also hold a roundtable discussion with Norwegian CEO and investors and engage with the diaspora at a community event, according to a Finance Ministry post on X.“During her two-day visit in Oslo, the Unio…
Windhoek, Feb 11 (IANS) Namibia requires about 1.5 billion Namibian dollars (about 94 million US dollars) in additional funding to safeguard its livestock sector valued at around 15 billion Namibian dollars, amid heightened regional risks of the Foot-and-Mouth Disease (FMD), a senior official has said. Speaking in the National Assembly, Namibia’s Minister of Agriculture, Fisheries, Water and Land Reform Inge Zaamwani said the funding would be required over and above the 57.5 million Namibian dol…