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Searched Tag: bilateral
India is set to ink a historic free trade agreement (FTA) with the European Free Trade Association (EFTA) group of nations, comprising Iceland, Liechtenstein, Norway, and Switzerland on Sunday.

India and EFTA nations to seal Free trade agreement, marking third major deal under Modi government

March 8, 2024, 10:13 PM - 2 mins read

"The Trade and Economic Partnership Agreement (TEPA) between India and EFTA covers wide-ranging matters such as trade in goods and services, rules of origin, intellectual property rights (IPR), investment promotion, trade facilitation, and sustainable development," a source elaborated.

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A team of UK negotiators that was in New Delhi to try and iron out the remaining issues holding up a bilateral free trade agreement (FTA) are on their way back to London on Friday with a deal yet to be finalised, according to officials familiar with the discussions.

UK negotiators return from New Delhi empty-handed as bilateral trade agreement remains elusive

March 8, 2024, 05:34 AM - 4 mins read

“It is possible that that will be done but I am very resistant to deadlines being set on trade negotiations because it runs down the clock. It is very possible that we can sign but I am not using it as a deadline for the work that I am carrying out basically,” she said.

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India and the United Kingdom are intensifying efforts to finalize a free trade agreement (FTA) amidst looming general elections in India.

India and UK push to resolve FTA issues ahead of impending polls

March 7, 2024, 02:26 AM - 3 mins read

Bilateral trade between India and the UK has been on an upward trajectory, reaching $20.36 billion in fiscal year 2023 from $17.5 billion in fiscal year 2022. Both nations are committed to fostering a comprehensive and mutually beneficial trade relationship.

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Sri Lanka and India are embarking on a project to establish an undersea transmission line connecting the power grids of both nations.

Sri Lanka and India collaborate on $1.2 billion undersea power transmission line

March 5, 2024, 03:52 AM - 2 mins read

After traversing a 130-kilometer overland transmission line in India, the undersea cable will emerge at Thiruketheeswaram in Mannar, northeast Sri Lanka, via a submarine cable. This ambitious initiative is poised to enhance energy security in Sri Lanka, a crucial aspect highlighted by Jayawardena.

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India and Oman are on the brink of sealing a comprehensive economic partnership agreement aimed at bolstering trade and commerce between the two nations.

India closes in on trade deal with Oman as Mideast ties strengthen

February 27, 2024, 01:16 AM - 2 mins read

From India's perspective, the focus lies on securing reduced tariffs on exports to Oman, spanning an array of sectors including rice, pharmaceuticals, petroleum, and steel. Additionally, India aims to facilitate easier access for its professionals, including doctors, nurses, engineers, and other skilled workers, into the Omani market.

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Ambassador of Brazil to India on Saturday said energy, defence and agro-processing are the three key pillars for strengthening economic cooperation between the two countries.

Brazil seeks to deepen its connections with India

February 24, 2024, 06:00 AM - 1 min read

Speaking at a session on 'India-Brazil Fostering Trade Partnership - Focus West Bengal' organised by the Bharat Chamber of Commerce here, the diplomat emphasised on business-to-business collaborations in iron and steel, milk production, leather, biofuels, and aquaculture.

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An Indian government delegation has visited Singapore to bolster trade relations and attract investment to the country.

Govt delegation visits Singapore to boost bilateral trade, collaboration

February 19, 2024, 10:07 PM - 2 mins read

DPIIT Secretary Rajesh Kumar Singh,addressed the India-Singapore Trade Roundtable on the Food and Machinery Sector, organised by the Federation of Indian Chambers of Commerce & Industry (FICCI) and the High Commission of India in Singapore, in partnership with the Singapore Business Federation.

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Indian External Affairs Minister S Jaishankar during his meeting with Bangladesh's PM Sheikh Hasina.

EAM Jaishankar meets Bangladesh PM Sheikh Hasina; hails her for boosting bilateral ties

February 17, 2024, 03:34 AM - 3 mins read

The two leaders were meeting on the sidelines of the prestigious Munich Security Conference, in its 60th edition, which is the world’s leading forum for debate on international security. 

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 Chinese Consul General says the economic-cultural relationship between India and China is robust.

Economic-Cultural ties between India-China are robust: Chinese Consul General

February 5, 2024, 01:15 AM - 3 mins read

2023 marked a year of achievements and harvest for both countries, Kong said, adding, "It is the extensive cooperation between our people that makes it happen.” 

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The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has given its approval for the signing of a Memorandum of Understanding (MoU) between India and Oman on cooperation in the field of Information Technology.

Cabinet approves MOU signed between India and Oman on IT

January 25, 2024, 12:19 AM - 2 mins read

The MoU shall come into effect from the date of signature of the Parties and shall remain in force for a period of 3 years. Both G2G and B2B bilateral Cooperation in the field of Information Technology will be enhanced.

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French President Macron to attend India's Republic Day celebrations

French President Macron to attend India's Republic Day celebrations

January 24, 2024, 04:14 AM - 2 mins read

The visit comes amidst the ongoing negotiations for multi-billion dollars deals involving French fighter jets and submarines for the Indian Military. Officials from both New Delhi and Paris have emphasized that the visit is more ceremonial than substantive, with no major outcomes expected.

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India and the United Arab Emirates( UAE) held a business summit as part of the Vibrant Gujarat Global summit 2024 on 10th January,2024.

India-UAE business summit held as part of the vibrant Gujarat global summit 2024

January 11, 2024, 12:28 AM - 3 mins read

Several initiatives and endeavours were rolled out as a component of this summit. A report on the CII India-UAE start-up initiative titled “Unlocking opportunities: India-UAE startup ecosystem convergence” was launched.

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