According to a joint statement from IPEF partner nations, the member countries will now undertake the necessary steps, including further domestic consultations and a legal review, to prepare the final texts of the agreement.
According to a joint statement from IPEF partner nations, the member countries will now undertake the necessary steps, including further domestic consultations and a legal review, to prepare the final texts of the agreements.
New Delhi should remain focused on FTAs as the final contours of the US-led initiative and IPEF benefits will take time to emerge
Investors may approach the debt listed entity/ REIT/ InvIT to claim their unclaimed amounts, stated the press release
As IPEF economies now go through their domestic processes to approve the IPEF ASCR, a priority for them must be to find maximum convergence between the collaborative framework outlined in the ASCR and their existing supply chain resilience-related initiatives
New Delhi’s decision to stay away from the trade pillar negotiations and its rigid stand on tariffs can come in the way of making the most of the IPEF agreement on supply chains
Staying away from a key IPEF pillar negotiations is not good optics for a confident nation, and a key Indo-Pacific player
New Delhi’s decision not to join the trade pillar of the US-led initiative once again underlines India’s edginess about plurilateral cooperation
Commerce and Industry minister Piyush Goyal said that India would continue to engage with the trade track in the IPEF and will wait for the final contours to be decided on the trade pillar before it formally joins that pillar.
Briefing media after the conclusion of the two-day IPEF ministerial meet, commerce and industry minister Piyush Goyal said that India would continue to engage with the trade track in the IPEF and will wait for the final contours to be decided on the trade pillar before it formally associates with that track.
The White House has stated that the IPEF will frame rules for the digital economy, including standards on cross-border data flows and data localisation. But officials say the new partnership is based on broad intent and not fixed outcomes.
Prime Minister’s statements at the IPEF launch and the QUAD summit in Japan raise the bar for India’s commitment to global standards
The US-led Indo-Pacific Economic Framework for Prosperity (IPEF) adds for the first time an economic angle to the QUAD, which has till now focussed on strategic cooperation. A statement from the White House suggests the move is aimed at removing the Chinese stronghold on the regional economy, but the areas of ambition include trade standards and digital economy, where India has clashed with developed economies on policy.
President Biden launched a new trade deal with 12 Indo-Pacific nations to strengthen their economies.
Modi left for Japan on Sunday evening primarily to attend the second in-person summit of the Quad leaders on May 24.
Markets watchdog Sebi today said the proceeds from the sale of written-off securities held by non-operating foreign portfolio investors would need to be credited to Investors Protection and Education Fund of the regulator within seven days from the date of receipt.
The committee recommends investor education and protection activities that may be undertaken directly by the regulator or through any other agency.