Korea’s exports at 22-month high in May on chips, cars
SEOUL : South Korea’s exports hit a 22-month high in May led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overseas sales are expected to lead a recovery in Asia’s
DGFT taps export bodies for inputs on efficacy of interest equalisation scheme
NEW DELHI : The DGFT has sought information from various export bodies on the trade finance eco system in India and related challenges to assess if the government’s interest equalisation scheme for exporters is yielding results
UAE looking to expand scope of trade under CEPA with India
SINGAPORE : The United Arab Emirates is looking to expand the scope of trade and services covered under the Comprehensive Economic Partnership Agreement (CEPA) with India to further accelerate bilateral trading volume, a senior
China to impose new export controls on aviation and aerospace equipment
BEIJING : China will impose restrictions on aviation, aerospace-related equipment and technology beginning July 1, the Commerce Ministry said on Thursday. The move is said to be taken to safeguard national security and interests
FIEO President calls for increased export development funds for MSMEs
NEW DELHI : Ashwini Kumar, President, the Federation of Indian Export Organisations (FIEO), has expressed concerns over the grossly inadequate budgets allocated for market development schemes aimed at increasing exports. He highlighted that the
Exports of marine products drop 9 pc to USD 7.37 billion in 2023-24
NEW DELHI : Exports of marine products contracted by 8.74 per cent to USD 7.37 billion during 2023-24 due to demand slowdown in key markets of the US and Europe, according to the Commerce
FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted
Govt holds Chintan Shivir on FTA strategy, SOP for trade negotiations
NEW DELHI : Department of Commerce holds Chintan Shivir on FTA Strategy and SOP for Trade Negotiations Economic Assessment and Modelling of FTAs, Services and Digital Trade in FTAs, and Leveraging India’s FTAs to