Ministry of Commerce & Industry

Foreign Trade Policy to be Announced in First Week of April

Before the announcement of the Foreign Trade Policy in the first week of April 2013, the Union Minister of Commerce, Industry & Textiles Shri Anand Sharma chaired the Board of Trade meeting here today. Recognising the stress that our trade is going through, and the need to enhance exports, we will be supportive, said Shri… Read More

Tags: Anand SharmaBoard of TradeCabinet of IndiaExportFar EastForeign Trade PolicyMinistry of Commerce & IndustryShri Sharma

Status of Developing Look East Policy with ASEAN

To fast-track trade and Commerce with Association of South East Asian Nations (ASEAN) countries, India has signed Agreement on Trade in Goods under the broader framework of Comprehensive Economic Cooperation Agreement (CECA) between India and the ASEAN on 13.08.2009. India and the ASEAN have also concluded negotiations on Agreement on Trade in Services and Agreement… Read More

Tags: ASEANComprehensive Economic Cooperation AgreementFree Trade AgreementFree trade areaIndiaLook East PolicyMinistry of Commerce & Industry

Status of Free Trade Agreement negotiations with Australia

India and Australia agreed in early 2008 to set up a Joint Study Group (JSG) comprising Government officials and research organizations to explore the feasibility of Free Trade Agreement (FTA) between the two countries. A considered view on whether to go ahead to an FTA has been taken by the Government (Trade and Economic Related… Read More

Tags: Comprehensive Economic Cooperation AgreementFree Trade AgreementFree trade areaFTAMinistry of Commerce & IndustryRajya Sabha

GoI decision to grant Green Channel Status to Firms with a Turnover of Rs.1000 Crore

Government has taken a decision to grant green channel status for DGS&D Rate Contracts to PSUs and firms (Indian as well as foreign) having an average turnover of Rs.1000 crore or more during the last three years and making profit in any three years of the last five years. So far, twenty firms have been… Read More

Tags: DGS & DGreen ChannelMinistry of Commerce & IndustryRajya SabhaRate Contracts

Current Status of Indo-EU Free Trade Agreement Talks

The Government of India is negotiating a bilateral Broad Based Trade and Investment Agreement (BTIA) with the European Union (EU) and negotiations were launched in Brussels on 28-29 June, 2007 based on the recommendations of the High Level Trade Group at the 7th India-EU Summit in October, 2006 in Helsinki. Negotiations across a number of… Read More

Tags: BrusselsEuropean UnionFree Trade AgreementGovernmentGovernment ProcurementIndiaInformation Technology Act 2000Ministry of Commerce & IndustryTechnical Barriers to TradeTrade Facilitation

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