The EU has been in talks on trade with Washington since July 2018, when US President Donald Trump agreed to hold off new punitive tariffs while the two sides worked on ways to improve economic relations.
The India-China bilateral trade reached $84.44 billion in 2017.
The majors' expansion comes as smaller independent producers, who profit only from selling the oil, are slowing exploration and cutting staff and budgets amid investor pressure to control spending and boost returns.
Addressing a conference, the minister said India's exports of services and merchandise together would touch a record $540 billion in the current financial year ending March 31, reflecting its robust economic fundamentals.
Out of 527 sugar mills that were operational in the current marketing year ending on September 30, 154 mills have stopped crushing, the trade body said.
He was happy to note that India is among the top trading partners of Guinea.
Two posts of the Customs Overseas Intelligence Network (COIN) have been created in the Indian Embassy in Beijing and in the Consulate General of India at Guangzhou,
A senior State Department official said on March 15 that the US is proud to be India's largest export market and most important economic partner.
The US and China, the world's two largest economies, are locked in a trade war since President Donald Trump imposed heavy tariffs on imported steel and aluminium items from China in March last year.
The dollar slipped 0.1% against major currencies, and was on track for its biggest weekly loss since early December.
India should avoid any knee-jerk reaction such as restricting Chinese imports and deal with the issue as a mature democracy.
China claims almost all of the South China Sea.
India is the world's biggest exporter of buffalo meat, guar gum and rice.
Saudi Energy Minister Khalid al-Falih said on March 10 that March oil production was 9.8 million bpd and that the country, OPEC's biggest producer, plans to keep its April output at the same level.
In the absence of a trade deal, Trump has threatened to impose additional tariffs on import of Chinese products into the US.
Chinese Vice Commerce Minister Wang Shouwen, speaking at a news conference on the sidelines of China's ongoing annual meeting of parliament,said that China has been deeply involved in the trade talks with the United States.
India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver, a senior India official said in January.
Exports to UAE during January 2019 fell sharply to 1.51 million kilograms from 3.19 million kilograms in January 2018, the data said.
China's exports in February are expected to have fallen 4.8 percent from a year earlier.
Vaibhavi Khanwalkar is in conversation with Moneycontrol's Deputy Executive Editor, Ravi Krishnan to discuss the trade tension between India and US.
The GSP programme covers 3,700 products. Fortunately, India used concessions for only just 1,784 of those.
The response comes after the US government said it intends to end the preferential trade status granted to India.
President Donald Trump had announced the delay on February 24 as trade talks between the two sides had made progress.
RCEP members want India to eliminate or significantly reduce customs duties on maximum number of goods it traded with them.
The United States has argued for years that WTO judges have routinely broken with procedures and exceeded their mandates, imposing new obligations on members.
