New Delhi, June 4 (IANS) India and the United States have made further progress in negotiations for a proposed bilateral trade agreement, with officials from both countries holding extensive discussions in New Delhi this week on a range of trade-related issues, the Ministry of Commerce & Industry said on Thursday.A delegation from the Office of the United States Trade Representative (USTR), led by the Chief Negotiator, visited India from June 1 to June 4 to advance talks on the India-U.S. Tr…
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New Delhi, May 28 (IANS) A United States-Bangladesh trade deal, signed by Dhaka’s then Muhammad Yunus-led interim government, has come under severe criticism since an elected government under Prime Minister Tarique Rahman assumed office this February.The government will take steps regarding the trade agreement signed with Washington while preserving Bangladesh’s sovereignty and rights, ruling Bangladesh Nationalist Party (BNP) lawmaker and Economic Affairs Secretary of the party’s central comm…
New Delhi, March 13 (IANS) The US has launched a fresh trade investigation into Bangladesh and other economies to examine whether their policies and production practices are contributing to global overcapacity that could harm American manufacturing, according to a report in Dhaka-based The Morning Star.The investigation was initiated on March 11 by the Office of the United States Trade Representative (USTR) under Section 301 of the Trade Act of 1974, a powerful trade enforcement tool used to cha…
Washington, March 13 (IANS) The United States has launched investigations into 60 economies, including the European Union, India, Japan, and China, to determine whether their failure to ban imports made with forced labour unfairly harms American workers and businesses.The sweeping probe was initiated by the Office of the United States Trade Representative (USTR) on Thursday under Section 301(b) of the Trade Act of 1974 and targets some of Washington’s largest trading partners.The investigation…
New Delhi, Feb 17 (IANS) Bangladesh’s newly elected government should take the initiative to cancel a trade deal inked by the Muhammad Yunus-led interim government with the US, as the agreement is against national interest and violates its independence and sovereignty, opined an article in Dhaka’s media. The agreement, signed on February 9, “just three days before the national election by a temporary interim government, while maintaining strict secrecy, has raised concerns for various …