Resolution of the current trade disputes may not be enough to change the trend in global trade.
Consumption, investment, government spending and now exports have all been hit
As India is implementing trade facilitation and is trying to improve ease of doing business, it is important to amend the 2010 regulation and allow the entry of perishable cargo through the fast track route.
The ministry has proposed to set up a separate logistics department to be headed by a secretary with a view to enhancing growth of the sector, which is fundamental to boost exports, imports and overall economy.
Niti Aayog and the Commerce Ministry are in discussions to evaluate the EPCs.
In the light of rising protectionism, India will need to work with trading partners to protect its interests.
Ministry of Finance data out on Wednesday showed exports fell 2.4 percent in March from a year earlier, compared with a 2.7 percent drop predicted by economists in a Reuters poll, and followed a 1.2 percent decline in February.
BPCL sold 35,000 tonnes of naphtha for May 2-3 loading from Kochi to Japanese trader Petro-Diamond at a premium of about $16 a tonne to its own price formula on a free-on-board (FOB) basis.
Several commitments in the manifesto can alter the terms of trade in favour of farmers.
FIEO President Ganesh Kumar Gupta said the federation offered assistance to the state to increase its share from 1.6 per cent in the country's exports to over 3 per cent in the next five years.
The renegotiated US trade agreements include a clause for nations to notify the US about any trade arrangement with China.
Trade deficit with China increased to $63.12 billion in 2017-18 from $51.11 billion in 2016-17.
The Azeri ministry issued the statement on Tuesday following talks in Baku between Azerbaijan's energy minister and Venezuelan oil minister and president of state-run oil company PDVSA, Manuel Quevedo.
Slowing global growth, the Sino-U.S. trade war and complications over Britain's exit from the European Union have already forced many policymakers to shift to an easing stance over recent months.
Fall in imports of electronic items could signal improvement in deficit with China
"Since we have a large exporter community here, I wish to draw attention... to the under-utilisation of our FTAs. Data shows that Indian exporters have not made very good use of FTA and preferential benefits that India has negotiated with partner countries," Wadhawan said addressing exporters at International Engineering Sourcing Show.
The RBI would do well to actively intervene in the currency market to attain dual objectives of building reserves and keeping the rupee competitive for Indian exporters.
That left the country with a trade surplus of $4.12 billion for the month, the General Administration of Customs said.
India's oilmeal exports in February edged down 43 percent from a year earlier to 141,779 tonnes as shipments of soymeal fell from the last year's lower base, a trade body said on Thursday.
If factor market reforms are not implemented in time, India will once again miss the export bus.
US President Donald Trump on Monday said he intended to end India's preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty free.
China is the world's largest trading nation, and the extent of the declines will be closely watched by international investors and policymakers as anxiety grows over cooling global demand.
Speaking at MAIT's Electronics Manufacturing Summit 2019, Electronics and IT Secretary Ajay Prakash Sawhney said there has been a "widening and deepening" of the electronics manufacturing ecosystem in the country.
Exports to China had stood at USD 6.37 billion in June-November 2017. In June and September 2018, the US announced high customs duties on several Chinese goods. In retaliation, China also raised levies on American goods.
Urging the government to bring down GST rate on the maintenance, repair and overhaul (MRO) services to 5 percent from the present 18, the MRO Association of India has also expressed fears of a "shut-down" of the industry if the "anomalies" were not fixed on priority.