bilateral trade Current Affairs - 2020

Indian Railways to transport dyes to Bangladesh from Gujarat after Chillies from AP

The Indian Railways is to operate first parcel special train to Bangladesh under Ahmedabad division. The train is to traverse 2,110 km to reach Benapole in Bangladesh. The Western Railways sent goods train earlier with loaded wagons of onion to Bangladesh. Highlights The Western Railway Zone has achieved record by sending a parcel train from Read More…

United States continues to be the Top Trading Partner of India in 2019-20

As per the data from the Union Ministry of Commerce and Industry, the United States remains as the top trading partner of India during the Financial Year 2019-20. This is the second consecutive Financial Year that the United States has become the top trading partner of India (in Financial Year 2018-19 United States surpassed the Read More…

India-Brazil ink 15 agreements during Brazil President’s visit on Republic Day

The President of Brazil, Mr Jair Bolsonaro visited India to take part in Republic Day celebrations. During his visit, the countries signed several agreements. Alongside, the fifth session of India-Brazil Trade monitoring mechanism was also held. President Bolsonaro was accompanied by a huge business delegation. They will hold several meetings with their Indian counterparts during Read More…

9th India-China Financial Dialogue held in New Delhi

The 9th India-China Financial dialogue was held in New Delhi on wide-ranging issues of mutual interest. At the dialogue a high level Chinese delegation led by Zou Jiayi, Vice Minister of Finance, China interacted with Indian delegation led by Atanu Chakraborty, Secretary of Department of Economic Affairs, Union Ministry of Finance. About India-China Financial Dialogue Read More…

US considers withdrawing Generalised System of Preferences from India

The United States is reportedly considering withdrawal of benefits to India under its Generalised System of Preferences amid a widening dispute over its trade and investment policies. The US Trade Representative (USTR) is in the process of completing the review of India’s status as a GSP beneficiary and an announcement was expected over the next Read More…