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Tag Archives: trade

India’s self-reliance initiatives may lead to trade barriers with other nations, says outgoing US envoy – india news

New Delhi’s self-reliance and “Make in India” initiatives have the potential to lead to higher tariffs and other trade barriers that could hit the country’s capacity to integrate into global value chains, outgoing US ambassador Kenneth Juster cautioned on Tuesday. Juster pointed to “frictions and frustrations” on trade and investment between India and the US, and said the two sides ...

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British lawmakers approve post-Brexit trade deal with EU – world news

Britain’s House of Commons has voted resoundingly to approve a trade deal with the European Union, paving the way for an orderly break with the bloc that will finally complete the UK’s years-long Brexit journey. With just a day to spare, lawmakers voted 521-73 Wednesday to approve the agreement sealed between the UK government and the EU last week. It ...

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Govt lifts ban on onion export, permits trade of all varieties from January 1 – india news

The Centre on Monday lifted the ban on the export of all varieties of onions with effect from January 1 next year. Anticipating a supply crunch, the government had halted the trade exercise earlier this year in September due to a spurt in prices. “The export of all varieties of onions…has been made free with effect from January 1, 2021,” ...

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India and UK to finalise early harvest trade deals by 2021, ahead of comprehensive FTA – india news

Post-Brexit, India and UK may finalise trade agreements in areas like pharmaceuticals, fintech, chemicals, defence manufacturing, petroleum and food products by 2021, as the two countries are keen on early harvest deals while continuing negotiations for a comprehensive free trade agreement (FTA), two officials said. India and UK have a shared commitment towards a free trade agreement, but such negotiations ...

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Bengal assembly polls: Abhishek and Suvendu trade barbs as poll battle heats up – india news

Kolkata: Youth Trinamool Congress president Abhishek Banerjee, Bengal chief minister Mamata Banerjee’s nephew, on Sunday accused former minister Suvendu Adhikari, who joined the Bharatiya Janata Party (BJP) on December 19, of being “corrupt and spineless” and faced a counter-attack in less than an hour as the political slugfest in the poll-bound state intensified. Narrowing the political battle between the ruling ...

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Trade, energy cooperation on agenda in Jaishankar’s Qatar visit – india news

External affairs minister S Jaishankar on Sunday began a two-day visit to Qatar that is expected to focus on trade, energy cooperation and issues related to Indian workers. Jaishankar will meet Qatari deputy prime minister and foreign minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani and other dignitaries to discuss bilateral, regional and international issues. The visit is part of ...

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Explainer: How will the EU-UK trade deal change ties? – world news

British and EU negotiators clinched a wide-ranging free trade deal on Christmas Eve, meaning commerce between the trading bloc of 450 million consumers and the sixth-biggest global economy will keep on flowing without tariffs or quotas from Jan. 1. Britain has hailed the agreement as a clean break with the European Union that will allow London to set its own ...

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European Union assesses Brexit trade deal with UK – world news

Ambassadors from the European Union’s 27 nations convened on Christmas Day to start assessing the free trade deal the bloc has struck with former member Britain, a historic accord that takes effect in just a week. At Friday’s exceptional meeting, the EU delegations asked for more time to study the texts before sending them to lawmakers at the European Parliament, ...

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UK, EU reach post-Brexit trade deal to avert chaotic New Year’s split – world news

Britain and the European Union have struck a provisional free-trade agreement that should avert New Year’s chaos for cross-border commerce and bring a measure of certainty to businesses after years of Brexit turmoil. The breakthrough came Thursday with just over a week to go until the UK’s split is completed. Now comes the race to approve and ratify the deal ...

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UK, EU on the brink of ‘historic’ post-Brexit trade accord – world news

The U.K. and European Union are on the brink of sealing a historic post-Brexit trade accord, with officials hopeful a deal could be struck as soon as Wednesday. Negotiators from the two sides are in the very final phases of the talks, officials said. Discussions are still continuing on fisheries, the biggest obstacle to an accord. It’s still possible, one ...

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