bilateral trade Current Affairs - 2019

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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…

Month:  Categories: InternationalUPSC

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India and China sign agreement to inspect fish meal, fish oil imports

India and China signed protocol on hygiene and inspection requirements for exports of fish meal, fish oil imports from India to China. It was signed as part of discussions between India’s Commerce Ministry and six-member Chinese delegation led by Vice Minister, General Administration of Customs of China, Hu Wei on easing market access for exports Read More…

Month:  Categories: International

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India-China trade hits record $84.4 billion in 2017

According to data of Chinese General Administration of Customs, India-China bilateral trade has reached $84.44 billion last year, a historic high with 18.63% year-on-year growth rate. This is regarded as historic landmark in bilateral relations of both countries, as volume of bilateral trade for first time has touched $80 billion, well above the $71.18 billion Read More…

Month:  Categories: Business, Economy & Banking

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India, Russia sign customs pact to boost trade

India and Russia have signed a customs and liberalize business visas agreement to boost trade between both countries to remove the hindrances and boost commerce. This pact will help to rapid clearances of imported goods at the land and sea ports and addresses the issues related to the non-tariff barriers. Both countries also have fixed Read More…

Month:  Categories: Business, Economy & Banking

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India-Bahrain commit for bilateral trade

Indian External Affairs Minister Mrs. Sushma Swaraj has revamped India and Bahrain’s strategic ties and trade relations. She was in Bahrain for a 2-day visit. She met the Bahrain King Hamad, PM Khalifa bin Salman Al Khalifa and the foreign minister Shaikh Khalid bin Ahmed Al Khalifa in Manama organised by Overseas Indian Facilitation Center Read More…

Month:  Categories: International

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