Beijing has agreed to import at least $200 billion in additional US goods and services over the next two years on top of the amount it purchased in 2017
Concerns over China acquiring sensitive data about US citizens through social media apps is one of several sore areas in relations between the US and China
A Santa rally is in the making due to events on the global stage. But the global cheers is not matched by similar optimism in India.
ASEAN and India economies should continue to uphold an open and inclusive strategic outlook, Indonesian Foreign Minister Retno Marsudi said
Government needs to hasten pacts with regional trading blocs
Among the FTAs which have affected Indian domestic industry adversely, the India-Korea CEPA, signed in 2009, has been significant. India had a trade deficit with South Korea of around $4.5 billion in 2009, and increased to $11.5 billion in 2018.
The clock is being turned back to a time when trade rivalries were settled with tariff walls and beggar-thy-neighbour protectionism
India and South Africa circulated an internal WTO document saying that rising digitalisation compelled "a rethink of the role of the temporary moratorium" last year.
The INSTEX cannot solve Iran's own economic inefficiency, it cannot facilitate any meaningful commercial exchanges and it cannot resolve Iran's acute liquidity crisis.
If the conduct of Indian foreign policy in the past seven decades shows us anything, it is that it has seldom relied on creative thinking from outside the four walls of the government.
The US Congress passed the legislation that would force the Trump administration to assess whether political unrest in the vital global financial hub justifies changing its unique treatment under the US law
All of this would also eliminate physical documentation and allow reallocation of workforce
With or without the RCEP, the challenge is for India to develop the capability to prevent the influx of Chinese goods.
During the recent ASEAN meeting in Bangkok, India did not reach an agreement on negotiations to sign the multi-lateral free trade agreement RCEP, while 15 countries China, Japan, South Korea, New Zealand, Australia and ASEAN members agreed to ink the pact.
The rosy mood came after the OPEC on November 14 said it expected demand for its oil to fall in 2020
White House economic adviser Larry Kudlow said negotiators for the world's two largest economies were in close touch via telephone but he gave no further details on the timing of a possible deal
Goyal will also attend the 9th BRICS Trade Ministers Meet in Brasilia on November 11.
India needs to do a more convincing job as a beneficial strategic partner of ASEAN by boosting its domestic economic reforms agenda, enhancing regional connectivity, and increasing its presence in regional institutions. ASEAN too should be more specific in its expectations from New Delhi.
Trade talks between US and China started in November 2018, but have not yielded desired results even after more than a dozen rounds of negotiations in both Beijing and Washington
Xi Jinping said more must be done to boost international cooperation and remove barriers to innovation
For exports to increase, competitiveness has to improve and Indian companies need to find out ways to be part of global value chains. Obviously, subsidies won’t do that as they will be subject to challenges at WTO
Trade has always been used as an extension of the larger geopolitics. From the US to China, from Europe to Japan, everyone uses it. New Delhi would do well to put pressure on Kuala Lumpur till it changes its anti-India position on Kashmir.
Boris Johnson has succeeded in breaking the logjam in British Parliament on the deal by presenting a solution which has now much greater traction than ever before. However, that’s just not enough in overseeing Brexit.
The Rs 5,700-crore agreement is one of the largest foreign direct investment deals in the Indian city gas distribution sector.
