The proposal seeks to open up export quality and compliance certification to private players to reduce clearance timelines at ports from about 10 days to three
China's record US$1.08 trillion trade surplus signals both a manufacturing triumph and a looming systemic crisis that could reshape everything from currency markets to India's industrial ambitions
India posted an overall trade surplus in February 2025, driven by a robust surplus in services trade that offset a merchandise trade deficit. While this provides some relief amid global trade uncertainties, weak merchandise exports, looming US tariffs and rising imports from China highlight lingering concerns in India’s trade landscape
The clearance time for AEO-certified businesses is approximately 40 percent lower compared to non-certified entities
Sanghnomics: Even if the Trump administration turns more protectionist, as his pre-election promises suggest, existing supply chain linkages with the rest of the world cannot be unravelled right away. While Trump’s cultural stand may be a cause for cheer for many in India, on trade issues we have to wait and watch
A recent IMF working paper assesses the importance of China’s subsidies in shaping its exports and imports, and sheds light on the implications that China’s industrial policy can have for its trading partners
Not only is there a dependency on China across key sectors that are fundamental to the growth of the Indian economy, but there’s also an underlying dependency across component supply chains