Key Points
Exporters on Thursday sought a separate division in the Commerce and Industry Ministry to deal with non-trade barriers such as those on environment and sustainability..
At a meeting with Union Minister Piyush Goyal, they also raised the issue of Chinese goods entering India through the ASEAN free trade agreement...
The EUs Ecodesign for Sustainable Products Regulation (ESPR), Deforestation regulation, Carbon Border Adjustment Mechanism and the US Inflation Reduction Act to establish green technology industries are some of the non-trade barriers that will hurt Indias exports...
You might be interested in
Non-tariff barriers: India toughens stance, to impose curbs on reciprocal basis
16, Jan, 24India is taking a tough stand on non-tariff barriers being imposed on Indian exports by other countries and would also take similar measures on a reciprocal basis, Commerce and Industry Minister Piyush Goyal said on Tuesday
Progress of India-UK trade pact talks reviewed at highest level
18, Feb, 24The India-UK free trade agreement negotiations are at a crucial stage, with the Prime Minister's Office reviewing progress on February 16. Commerce and Industry Minister Piyush Goyal and Commerce Secretary Sunil Barthwal attended the meeting. Both countries are working to resolve remaining issues. The pact covers 26 chapters, including goods, services, investments, and intellectual property rights.
Atmanirbhar push: Rs 7,000-cr PLI boost for toys, bicycle components soon
05, Mar, 23Commerce and Industry Minister Piyush Goyal had said the finance ministry regularly keeps allocating money for PLI
Govt to discuss market access with trade allies
20, Jan, 24The commerce department has begun the exercise with barriers such as registration requirements, higher pesticide levels and domestic standards, put up by Africa and 12 Central Asian countries, including Russia, and would then study the restrictions imposed by other trading partners.
PM Modi, UK's Rishi Sunak discuss early conclusion of Free Trade Agreement
12, Mar, 24Prime Minister Narendra Modi on Tuesday spoke to his British counterpart Rishi Sunak on the Free Trade Agreement | Latest News India
India, ASEAN to conclude trade pact review by 2025
22, Aug, 23India and the Association of Southeast Asian Nations (ASEAN) have agreed to review their free trade agreement in goods, called the ASEAN-India Trade in Goods Agreement (AITIGA), by 2025. The review aims to address concerns about barriers and misuse of the trade pact, as well as the widening trade deficit between India and the bloc.
India-EU trade, technology council first meeting at Brussels on May 16
14, May, 23Commerce and industry minister Piyush Goyal is one of the co-chairs along with external affairs minister S Jaishankar and Union minister of state for electronics and information technology Rajeev Chandrasekhar, the commerce ministry said in a statement. The EU side is co-chaired by Executive Vice Presidents (EVPs) Dombrovskis and Vestager.
India, UK working to iron out issues on IPRs, rules of origin under proposed FTA
15, Jul, 23India and the UK are addressing differences over intellectual property rights and rules of origin in their ongoing negotiations for a free trade agreement. The countries have closed 14 of the agreement's 26 chapters, with issues surrounding environment, labour, and digital trade occurring in five remaining chapters.
Commerce ministry asks exporters to focus on potential sectors, key markets to boost exports
03, Jul, 23The commerce ministry in India has urged exporters to concentrate on key sectors such as food, electronics and engineering, as well as on major markets including the US, UK and Germany, to boost exports. The ministry also suggested focusing on organizing global fairs and exhibitions.
India-Europe's 16-year journey to historic FTA: Key things to know about pact
10, Mar, 24India and Europe's trade bloc finally signed the free trade agreement on Sunday, which has been in the works for 16 years.