Page 12 - Fta News Today

Commerce Minister Goyal urges European nations to deepen economic engagement with India for reduced production costs and access to a growing market. | Latest News India

The visit is crucial as dates for the general elections are expected to be announced in less than a month, which will trigger the Model Code of Conduct (MCC).

The ETCA builds on an earlier FTA implemented in 2000, and will enhance bilateral trade between the neighbours

The two sides have already held “substantial” discussions on matters related to goods and public procurements in previous rounds | Latest News India

India should leverage its free trade agreements to increase foreign direct investment inflows, diversify its import sources and increase participation in global value chains.

Commerce Secretary Sunil Barthwal said there is no Free Trade Agreement (FTA) in which India will go against the generic drug industry.

Union Minister Anurag Thakur called on protesting farmers to resume talks with the government instead of resorting to violence and vandalism. He stated that while some farmer demands had been accepted, issues like Indias withdrawal from the World Trade Organisation and cancellation of free trade agreements required broader consultations with stakeholders and state governments.

BEIJING: China has signed free trade agreements (FTAs) with 29 countries and regions as of the end of January this year. According to government data, the trade value between China and these partners accounts for about a third of the nations total foreign trade value.

The Parliamentary panel asks govt to recalibrate existing FTAs to safeguard against negative trade balances

The Indian government has released approximately Rs 15,948 crore (about $2.1 billion) under various schemes over the past five years until January 31, aiming to improve liquidity for sugar mills to clear cane price dues owed to farmers. The schemes include creating a buffer stock of 30 lakh tonnes of sugar, defraying expenditure for internal transport, freight, and handling, as well as providing assistance to sugar mills for marketing costs.