Bilateral Trade
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Why India chose Egypt’s Abdel Fattah El-Sisi as chief guest for Republic Day
Fp Explainers •Abdel Fattah El-Sisi is the first Egyptian president to be invited as chief guest for Republic Day. The two nations share a long history of bilateral cooperation, but over the years, the ties declined. Now as India champions the Global South, Prime Minister Narendra Modi is elevating the partnership
India, UAE in talks for rupee-dirham denominated bilateral trade
•A currency can be termed "international" if it is widely accepted worldwide as a medium of exchange
India, UAE bilateral trade to cross USD 88 billion this year, up from USD 73 billion last fiscal
Fp Staff •The relationship between India and the UAE has seen several changes since 2014—the year that the ruling Bharatiya Janata Party came to power with Prime Minister Narendra Modi at the helm. Over the years, the UAE has steadily made its way to become the third largest trading partner of the country
India, Saudi Arabia to establish high cooperation council to boost ties; bilateral trade to touch $50 bn in next 5 years
•He said Saudi Arabia has been requesting India to grant electronic visa facility to its businessmen, to facilitate bilateral trade and investment.
Pulwama terror attack aftermath: India revoking MFN status for Pakistan won't mean much to Islamabad
Kaswar Klasra •Volume of bilateral trade between Pakistan and India was recorded at $2.03 billion in 2016-17.
India's withdrawal of MFN status after Pulwama terror attack will affect Pakistan's exports worth $488 mn
Fp Staff •After the withdrawal of the MFN status, India can raise customs duties on several goods being imported from Pakistan.
Govt soon to notify WTO on revoking MFN status to Pakistan; plans to prepare list of goods for customs duty hike
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Govt's safeguard duty move on steel goods inconsistent with certain global trade norms: WTO panel
•As India and Japan failed to resolve the issue in the bilateral consultation process, the WTO had set up the dispute resolution panel earlier this year.
China cancels trade talks with United States as threats of tariffs escalate, says report
•The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing’s response to the latest round of tariffs, a senior White House official said on Friday.
Sushma Swaraj embarks on two-day visit to Moscow; EAM to discuss bilateral cooperation in trade, investment at 23rd IRIGC-TEC
•During her visit, she will attend the 23rd India-Russia Inter-Governmental Commission on Technical and Economic Cooperation (IRIGC-TEC). It will be co-chaired by Swaraj and Yuri Borisov, Deputy Prime Minister of the Russian Federation.