Moneycontrol's Sakshi Batra, Kazakhstan Ambassador Yerlan Alimbayev highlights how Nur-Sultan and New Delhi are working to foster a stronger bond.
India will become more like Latin America than a miracle Asian economy
The UAE has invested over $5.3 billion in India and infrastructure is one of the top five focus sections of UAE-India bilateral trade.
Zhang Yesui, spokesman of China's Parliament, the National People’s Congress (NPC), said China does not want a trade war with the US but would take necessary measures if America's move impacts its economic interests.
The article which comes in the backdrop of recent meeting at Hyderabad between National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi said India wants to scale up its stand on the SCS in retaliation to Beijing blocking India's bid to the Nuclear Suppliers Group (NSG).
Leaders from business, government and academia will deliberate on ways to enhance bilateral trade and investments between India and the US during a two-day summit here.
"Post exit EU, the UK is likely to explore direct bilateral trade agreements with other trading partners including India," said Development Bank of Singapore (DBS).
India and the US are targetting a four-fold jump in bilateral trade to USD 500 billion in the near future, US Ambassador to India Richard R Verma said exuding confidence that the goal will be met
India and US need to work together to increase the volume of bilateral trade from around USD 100 billion now to USD 500 billion, a senior US official said today.
The Cabinet today more than tripled the funding for exports to Iran to Rs 3,000 crore through the Export Development Fund (EDF) of the Exim Bank with a view to improving bilateral trade and strategic ties.
The meeting comes ahead of Nepal Prime Minister K P Sharma Oli's likely visit to India on February 19, his first foreign visit as the country's premier.
Verma said in the last Trade Policy Forum meeting, both sides discussed in detail the trade relationships with the goal of continuing to break down trade barriers and laying the foundation for reaching the trade target of USD 500 billion.
China's exports to India increased by 9.8 percent, 16.3 percent to Thailand and 12.5 percent to Vietnam in the January 2015-July 2015 period.
India on Tuesday pressed for setting up a high-level committee to look into a range of issues including American Totalisation and non-tariff barrier, as also the Social Security Act that discriminates Indians working in the US.
As part a special discussion series, Engaging The Dragon, that covered Prime Minister Narendra Modi‘s recent China visit, CNBC-TV18‘s Shereen Bhan talked to members of the Indian and Chinese industries to try and find out why the trade between the two countries has been lopsided over the past many years and how to balance it.
Expanding its operations in China, Indian technology major Infosys today unveiled a master plan to build a development centre in Shanghai with an investment of about USD 120 million to tap the burgeoning Chinese market.
New Delhi and Brussels are likely to resume dialogue on the free trade agreement (FTA) next month. "The bilateral trade between EU and India currently stands at 100 billion euros," European Union Ambassador Joao Cravinho said.
India and Japan to conclude negotiations for the Regional Comprehensive Economic Partnership by 2015-end and make it a "high quality and mutually beneficial" agreement.
Prime Minister Manmohan Singh said that India is currently exploring opportunities to encourage Chinese investments in India in the manufacturing sector and exploring the possibility to establish Chinese industrial parks in India.
However, there is a difference of opinion. Exporters want currency swap with nations with high trade deficit while industry bodies and banks are looking for a balanced trade criteria.
According to latest lobbying disclosure reports filed with the US Senate and the House of Representatives, Pfizer, IBM, Boeing, Dow Chemicals, Yum Brands and Colgate Palmolive are among the major companies that lobbied with the US lawmakers in the second quarter on issues related to India.
On the bilateral trade, Indian High Commissioner to Nigeria Mahesh Sachdev said the present figure stands at USD 10 billion even as the total investment of India in Nigerian economy could be valued at USD 16.6 billion.
The US Trade Representatives (USTR), Mike Froman; and David Cote, chairman and CEO of Honeywell, said India needs to address the concerns of the American business on a host of policy issues so as to attract foreign direct investment in key areas like infrastructure sectors.
The Free Trade Agreement between India and European Union would set a predictable framework, slashing duties on over 90 percent of the bilateral trade. However, the relationship between India and EU has been underdelivered.
Barack Obama, US president, and European leaders on Monday launched talks on "the biggest bilateral trade deal in history" that were overshadowed by a row over "reactionary" French protectionism.