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The external affairs minister said he had visited Brussels twice in the last one year and brought up the issue with the concerned commissioner.(ANI)

FTA talks with EU stuck due to bloc’s reluctance: Jaishankar

New Delhi | By Press Trust of India | Posted by Nilavro Ghosh
PUBLISHED ON DEC 05, 2020 12:27 AM IST
The talks for the FTA have been stalled since May 2013 when both sides failed to bridge substantial gaps on crucial issues, including on data security status for the IT sector.
To deepen economic ties in the Indo-Pacific region and with RCEP members, India must become self-reliant(Mohd Zakir/HT PHOTO)
To deepen economic ties in the Indo-Pacific region and with RCEP members, India must become self-reliant(Mohd Zakir/HT PHOTO)

RCEP is a China club, best India stays out of it

UPDATED ON NOV 23, 2020 10:07 AM IST
India joined the negotiations in 2012 and continued to be part of them until the Bangkok meet. It was flexible in negotiations and made adjustments in pursuit of a comprehensive, fair and a balanced agreement. In the end, the final document did not meet any of the three parameters.
Representational photo.(Bloomberg)
Representational photo.(Bloomberg)

Analysis | India has rightly shunned RCEP for now

Hindustan Times, New Delhi | By Zia Haq
UPDATED ON NOV 20, 2020 09:52 AM IST
It has generally been the case that India’s lack of competitiveness in exports has meant it can’t take advantage of FTAs. Simply put, our industry lacks the scale, technology, and productivity required to compete
External Affairs Minister S Jaishankar said that a number of key concerns that India had flagged had not been addressed by RCEP.(REUTERS)
External Affairs Minister S Jaishankar said that a number of key concerns that India had flagged had not been addressed by RCEP.(REUTERS)

RCEP would have hurt India’s economy, FTA with EU not easy: S Jaishankar

HIndustan Times, New Delhi | By HT Correspondent
UPDATED ON NOV 18, 2020 08:45 PM IST
The 10 member states of the Association of Southeast Asian Nations (Asean) and Australia, China, Japan, New Zealand and South Korea signed RCEP on Sunday
A vendor sells China-made products at a stall on a roadside, in Kolkata.(PTI/ File photo)
A vendor sells China-made products at a stall on a roadside, in Kolkata.(PTI/ File photo)

Customs’ scrutiny from Sept 21 to check all Chinese imports

Hindustan Times, New Delhi | By Rajeev Jayaswal
PUBLISHED ON SEP 16, 2020 09:02 AM IST
There has been rampant violation of “rules of origin” that have opened floodgates for dumping of Chinese goods in India through third countries such as Vietnam, Singapore and Indonesia
Agarbattis are placed in the restricted category since August 2019 to protect domestic manufacturers and cannot be imported without a licence.(AFP)
Agarbattis are placed in the restricted category since August 2019 to protect domestic manufacturers and cannot be imported without a licence.(AFP)

Customs dept busts agarbatti smuggling racket from Vietnam that misused FTA

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON JUL 30, 2020 03:03 PM IST
The official said the importer had declared to the Customs that these containers contained joss powder and premix powder for making incense sticks.
Prime Minister Narendra Modi delivering the keynote address at the India Ideas Summit.(ANI)
Prime Minister Narendra Modi delivering the keynote address at the India Ideas Summit.(ANI)

Never been a better time to invest in India, PM Modi tells Americans

Hindustan Times, New Delhi | By hindustantimes.com| Edited by Sabir Hussaiin
UPDATED ON JUL 22, 2020 10:29 PM IST
Prime Minister Narendra Modi told Americans that India offers great opportunity for investment in various sectors and that this the best time to invest.
Union Minister Piyush Goyal addressed the 2020 India Ideas Summit by US-India Business Council through video conference, in New Delhi on Tuesday, July 21, 2020.(ANI)
Union Minister Piyush Goyal addressed the 2020 India Ideas Summit by US-India Business Council through video conference, in New Delhi on Tuesday, July 21, 2020.(ANI)

Commerce minister Piyush Goyal proposes ‘preferential trade agreement’ with the US

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON JUL 21, 2020 09:36 PM IST
India and the United States have been working on a limited trade deal to expressly address the more urgent issues of concern to both sides and have said they planned to start negotiations on a broader Free Trade Agreement (FTA) later in the year, either before or after US elections in November.
Sino-Indian tensions have shot up after a violent brawl between Chinese and Indian soldiers on June 15 along the Line of Actual Control in the Galwan Valley in eastern Ladakh in which 20 Indian army personnel were killed.(Bloomberg)
Sino-Indian tensions have shot up after a violent brawl between Chinese and Indian soldiers on June 15 along the Line of Actual Control in the Galwan Valley in eastern Ladakh in which 20 Indian army personnel were killed.(Bloomberg)

India wary of China investing, trading through a third party

Hindustan Times, New Delhi | By Rajeev Jayaswal, New Delhi
UPDATED ON JUL 01, 2020 09:04 AM IST
Data suggests significant indirect inflow of Chinese goods and investments through locations with which India has free trade agreements (FTAs), preferential trade agreements (PTAs) or other bilateral commercial arrangements.
This picture shows a truck driving along the China-Pakistan Friendship Highway before the Karakorum mountain range near Tashkurgan in China's western Xinjiang province.(AFP FILE)
This picture shows a truck driving along the China-Pakistan Friendship Highway before the Karakorum mountain range near Tashkurgan in China's western Xinjiang province.(AFP FILE)

IMF asks Pakistan to cut ‘trade and commerce reliance’ on China

Islamabad | By Indo Asian News Service
UPDATED ON FEB 14, 2020 10:47 AM IST
According to senior Finance Ministry sources, the issue of discord between the IMF and financial authorities is the former’s insistence to cut down heavily of Pakistan’s reliance on trade and commerce ties with China and contract FTAs with other international partners.
New Zealand's Prime Minister Jacinda Ardern, India's Prime Minister Narendra Modi, Chinese Premier Li Keqiang and Thai Prime Minister Prayuth Chan-Ocha shake hands at the 3rd Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Thailand, November 4, 2019(REUTERS)
New Zealand's Prime Minister Jacinda Ardern, India's Prime Minister Narendra Modi, Chinese Premier Li Keqiang and Thai Prime Minister Prayuth Chan-Ocha shake hands at the 3rd Regional Comprehensive Economic Partnership (RCEP) summit in Bangkok, Thailand, November 4, 2019(REUTERS)

Rejecting RCEP was the easy part | HT Analysis

By Mohan Kumar
PUBLISHED ON NOV 10, 2019 07:05 PM IST
The world is moving towards high-quality free trade deals, and India must follow that path too
Piyush Goyal said India had put forward “strong demands” on services, investments leading to the prolonged negotiations for the RCEP. Image used for representation(Kunal Patil/HT photo)
Piyush Goyal said India had put forward “strong demands” on services, investments leading to the prolonged negotiations for the RCEP. Image used for representation(Kunal Patil/HT photo)

After refusing to join China-led trade deal, India supports talks with EU

New Delhi | By Reuters
UPDATED ON NOV 05, 2019 07:43 PM IST
Trade Minister Piyush Goyal said sectors such as gems, textiles and agriculture have pushed for a trade pact with the EU.
Chancellor of Germany, Angela Merkel, at the Dwarka Sector 21 Metro Station in New Delhi on Saturday.(PTI Photo)
Chancellor of Germany, Angela Merkel, at the Dwarka Sector 21 Metro Station in New Delhi on Saturday.(PTI Photo)

Angela Merkel renews push for India-EU free trade pact

New Delhi | By Reuters
UPDATED ON NOV 03, 2019 02:58 AM IST
A free trade pact with India has been a long-pending demand from Germany, India’s largest trading partner in Europe. The pact has been in discussion for years.
Germany’s Angela Merkel said Germany will spend one billion euros ($1.12 billion) in the next five years on green urban mobility projects conceived under the new German-Indian partnership.(PTI)
Germany’s Angela Merkel said Germany will spend one billion euros ($1.12 billion) in the next five years on green urban mobility projects conceived under the new German-Indian partnership.(PTI)

German chancellor Angela Merkel renews push for FTA with India, pledges green funds

New Delhi | By Reuters
UPDATED ON NOV 02, 2019 01:57 PM IST
A free trade pact with India has been a long-pending demand from Germany which is India’s largest trading partner in Europe. The pact has been in discussion for years.
As negotiations are underway on whether India should join the 16 country Free Trade Agreement (FTA), the RSS is vehemently opposed to the trade pact.(HT file photo)
As negotiations are underway on whether India should join the 16 country Free Trade Agreement (FTA), the RSS is vehemently opposed to the trade pact.(HT file photo)

RSS affiliate Swadeshi Jagran Manch to protest against free trade pact

Hindustan Times, New Delhi | By Smriti Kak Ramachandran
UPDATED ON OCT 10, 2019 10:38 AM IST
The SJM’s announcement comes even as a crucial ministerial meeting on RCEP begins in Bangkok today. Even as negotiations are underway on whether India should join the 16 country Free Trade Agreement (FTA), the RSS is vehemently opposed to the trade pact
The general consensus among experts is that India needs to firm up its decision ahead of the crucial ministerial meeting in Bangkok from 10-12 October.(HT image)
The general consensus among experts is that India needs to firm up its decision ahead of the crucial ministerial meeting in Bangkok from 10-12 October.(HT image)

Ministers, RSS urge govt to guard Indian industry’s interests ahead of economic meet in Bangkok

Hindustan Times, New Delhi | By Smriti Kak Ramachandran & Rajeev Jayaswal
UPDATED ON OCT 09, 2019 08:11 AM IST
Hectic parleys have been on since Monday over matters related to RCEP in the government, the BJP, and among the party’s associates.
The possible benefits include a potential entry into global supply chains, making manufacturing in India attractive for both domestic and foreign companies, and increased foreign direct investment flows.(Bloomberg)
The possible benefits include a potential entry into global supply chains, making manufacturing in India attractive for both domestic and foreign companies, and increased foreign direct investment flows.(Bloomberg)

Global or local: India’s dilemma on the RCEP

UPDATED ON OCT 08, 2019 06:59 PM IST
Delhi will have to sign the trade pact but must zealously guard its interests
The government has received several representations from the dairy industry about concerns on giving concessional access to Australia and New Zealand for supplying milk and milk products.(PTI image)
The government has received several representations from the dairy industry about concerns on giving concessional access to Australia and New Zealand for supplying milk and milk products.(PTI image)

India weighs trade pact concerns ahead of key Bangkok meet

New Delhi | By HT Correspondents
UPDATED ON OCT 08, 2019 02:06 AM IST
A joint statement issued after the last such meeting in Thailand in September said ongoing global uncertainties had added to the urgency to conclude RCEP
India figures among 75 countries with which Switzerland’s Federal Tax Administration (FTA) has exchanged information.(Thinkstock photo)
India figures among 75 countries with which Switzerland’s Federal Tax Administration (FTA) has exchanged information.(Thinkstock photo)

Fighting black money, India gets Swiss account details for first time

New Delhi/Berne | By Press Trust of India
UPDATED ON OCT 07, 2019 04:55 PM IST
This is the first time that India has received details from Switzerland under the AEOI framework, which provides for exchange of information on financial accounts that currently active as well as those accounts that were closed during 2018.
Switzerland has agreed to share with Indian authorities the details about two companies and three individuals who are facing multiple probes back in India.(PTI/Representative Image)
Switzerland has agreed to share with Indian authorities the details about two companies and three individuals who are facing multiple probes back in India.(PTI/Representative Image)

Swiss government agrees to share details of 2 Indian firms facing black money probe

New Delhi/Berne | By Press Trust of India
UPDATED ON DEC 02, 2018 06:55 PM IST
One of the two Indian companies used to be a publicly-listed entity and has already faced the wrath of capital markets regulator Sebi for multiple violations, while the other firm is said to have political links in Tamil Nadu.
The Pakistani government has said it has “no immediate plans” to grant Most Favoured Nation (MFN) status to India.(PTI)
The Pakistani government has said it has “no immediate plans” to grant Most Favoured Nation (MFN) status to India.(PTI)

No plans to grant Most Favoured Nation status to India, says Pakistan government

Lahore | By Press Trust of India
PUBLISHED ON NOV 14, 2018 04:09 PM IST
Asked whether the government was considering granting MFN status to India and that prime minister Imran Khan was keen to hold peace talks with the Indian government, adviser to the prime minister for Commerce, Textile, Industry and Investments, Abdul Razak Dawood said, “No such plans at the moment”.
A government survey shows Delhi as one of the dirtiest Indian cities with rampant open defecation and poor waste management facilities, indicating that Prime Minister Narendra Modi’s Swachh Bharat mission might not have had a big impact in Delhi(HT File Photo)
A government survey shows Delhi as one of the dirtiest Indian cities with rampant open defecation and poor waste management facilities, indicating that Prime Minister Narendra Modi’s Swachh Bharat mission might not have had a big impact in Delhi(HT File Photo)

The Indian tourism sector must focus on sustainable sanitation

By KJ Alphons
UPDATED ON OCT 12, 2018 06:11 PM IST
The country’s attempts to address the sanitation challenge go back to pre-independence days when Mahatma Gandhi called upon fellow Indians to view sanitation through the lens of national pride. The Swachh Bharat Mission translated that clarion call into a nationwide campaign for cleanliness.
Indians protest against allegedly unfair VISA rules, outside UK Parliament, London(PTI)
Indians protest against allegedly unfair VISA rules, outside UK Parliament, London(PTI)

Britain must scrap its stand on tough visa norms for Indian students

By Karan Bilimoria
UPDATED ON JUN 26, 2018 07:36 AM IST
The UK-India partnership is of enormous value, particularly if the UK is leaving the EU — its closest trading partner accounting for over 50% of its trade, and around 20% of UK trade covered by Free Trade Agreements because of the UK’s membership of in the European Union. Supporters of Brexit should think carefully about these perceptions among countries like India.
Commerce and industry minister Suresh Prabhu during a banking summit in Mumbai.(PTI FILE)
Commerce and industry minister Suresh Prabhu during a banking summit in Mumbai.(PTI FILE)

Chinese officials to visit India to discuss RCEP issues: Suresh Prabhu

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON MAY 28, 2018 03:23 PM IST
The meeting with Chinese officials would be crucial as Indian industry and exporters are apprehensive about the presence of China in the grouping.
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