New Delhi, June 21 (IANS) India and the United States will hold ministerial-level trade talks this week as both countries seek to finalise the framework for the first phase of the proposed bilateral trade agreement (BTA) ahead of a key tariff deadline next month, Union Minister of Commerce and Industry Piyush Goyal said on Sunday.US Trade Representative Jamieson Greer is scheduled to arrive here for a two-day visit, during which he will hold discussions with Goyal.The minister told reporters, “F…
Latest Section 301 News & Updates
Visakhapatnam, June 5 (IANS) Commerce Minister Piyush Goyal said on Friday that India and the US are likely to sign the first phase of the bilateral trade agreement by the middle of July.”We had excellent discussions from June 2-4 this month. We had a full team of officials from different divisions of trade from the US in New Delhi. I also met them yesterday. We are fast-moving towards closing all the open ends. Sometime by the middle of next month or so, we should be in a position to execute a …
New Delhi, 3 (IANS) India remains engaged with the US on the Section 301 proceedings announced by Washington and is also parallelly engaged with the US for finalisation of a framework agreement on bilateral trade as was announced on February 2 this year and in accordance with the joint statement released on February 7, the Commerce Ministry said on Wednesday.The Commerce Ministry explained that the United States Trade Representative (USTR) has concluded investigations against 60 economies, inclu…
Washington, June 3 (IANS) US Trade Representative (USTR) Jamieson Greer has said that President Donald Trump’s administration will release results of its trade investigations into dozens of trading partners, including South Korea, China and Japan, “over the next few weeks.”Greer made the remarks in a CNBC interview, as the investigations have been in progress under Section 301 of the 1974 Trade Act to uncover “unfair” trade practices related to “structural” excess capacity and production, and to…
New Delhi, June 2 (IANS) India and the US are scheduled to hold fresh trade negotiations from Tuesday, both sides are aiming to finalise the first phase of a long-awaited Bilateral Trade Agreement (BTA) that could significantly reshape trade ties between the two countries. The talks that are scheduled between June 2 and June 4 are expected to focus on finalising the legal text and ironing out remaining issues in the proposed interim agreement, whose broader framework has already been agreed upon…
Sao Paulo, June 2 (IANS) Brazilian Finance Minister Dario Durigan said Monday he will meet with US authorities this week to discuss the designation of criminal organisations as international terrorist groups, a move that could ultimately threaten Brazil’s financial sovereignty.According to Durigan, labeling the criminal gangs Primeiro Comando da Capital (First Capital Command) and Comando Vermelho (Red Command) as terrorists could open the door to sanctions that might impact Pix, Brazil’s instan…
New Delhi, June 1 (IANS) As India and the United States move closer to finalising their first bilateral trade agreement (BTA) very soon, discussions are expected to include tariffs imposed under Section 301 of the US trade law, with relief from ongoing Section 301 probes emerging as a key focus area, government sources said on Monday.US Trade Representative Jamieson Greer is likely to meet Minister of Commerce and Industry, Piyush Goyal, once there is greater clarity on the remaining issues in t…
Washington, April 20 (IANS) India and the United States began a fresh round of trade negotiations here on Monday aimed at giving a final shape to the much-awaited trade deal between the two countries.A team of around a dozen Indian officials arrived in the US capital for the three-day talks scheduled from April 20 to 22. The delegation is led by India’s chief negotiator, Darpan Jain, an Additional Secretary in the Department of Commerce, along with representatives from the Customs Department a…
New Delhi, April 19 (IANS) A team of around a dozen Indian officials is set to arrive in Washington, D.C. on April 20 for a three-day round of negotiations with US authorities, marking the next step in discussions on the first phase of a proposed bilateral trade agreement (BTA). The talks, scheduled from April 20 to 22, will be led by India’s chief negotiator Darpan Jain, an additional secretary in the Department of Commerce, along with representatives from the customs department and the exter…
New Delhi, April 15 (IANS) A team of Commerce Ministry officials is scheduled to visit Washington, DC, next week for trade talks with their US counterparts, according to officials.The talks, being held ahead of US Secretary of State Marco Rubio’s visit to New Delhi next month, will focus on taking forward discussions that have already been held on the interim trade agreement between the two countries, said the official. Earlier, India and the United States decided to reschedule the official me…