Government looks at more secure new duty refund plan for exporters
NEW DELHI : Hit by two anti-subsidy actions in the US and the European Union, government is looking to revamp the system for Remission of Duties and Taxes on Exported Products (RoDTEP), attempting to
G20 trade policy turning restrictive, says WTO
NEW DELHI : At a time when global goods trade is already slowing in the backdrop of rising interest rates and geo-political conflicts, trade measures introduced by G20 economies that account for 85 per
India prefers duty cuts on EVs via FTA route with specific nations
NEW DELHI : India is more open to granting duty concessions on electric vehicles (EVs) through the Free Trade Agreement (FTA) route with specific nations, a person directly aware of the matter said. This
India & EU inch closer to settling their $600-mn trade dispute at WTO
NEW DELHI : India is close to resolving its most contentious trade dispute, involving information communications technology (ICT) products, with its second largest trade partner, the European Union (EU), a senior government official said.
FTAs can’t be used to damp steel : Piyush Goyal
NEW DELHI : India, in ongoing talks on several Free Trade Agreements, may push for clauses to ensure that steel products imported from the partner country are manufactured in that country rather than being routed
Maersk’s woes signal slow-motion industry crash
COPENHAGEN : Shipping giant A.P. Moller-Maersk is battling choppier seas. the $23 billion Danish firm revealed a 94% profit plunge in the third quarter. Boss Vincent Clerc is not alone in trying to manage a
US, Korea, China raise concerns on India’s laptop import restrictions
NEW DELHI : The US, China, Korea and Taiwan have raised concerns on India’s decision to impose import restrictions on laptops, and computers, in a meeting of the World Trade Organisation (WTO), an official
Global Merchandise Trade is expected to grow 1.7% : WTO
LONDON : The World Trade Organisation (WTO) on Wednesday said that the global merchandise trade volume is expected to grow 1.7 per cent in 2023 as compared to an earlier estimate of 1 per
