trade policy

Dhaka, April 11 – Several left-wing organizations in Bangladesh condemned the trade agreement with the United States, calling it "unequal and anti-national" and demanding its immediate cancellation, local media reported on Saturday.The deal was signed on February 9, three days before the...

Bogota, April 11 – Colombia's trade ministry said that it will raise tariffs on imports from neighboring Ecuador to 100 per cent from 30 per cent, in line with a decision made a day earlier by Quito, as tensions between the two countries escalate.Trade Minister Diana Morales said in a...

New Delhi, April 10 The government on Friday extended the minimum import price (MIP) for natural honey for nine months, until December 31 of this year, in an effort to discourage the import of cheap honey.The MIP is USD 1400 per tonne.The Directorate General of Foreign Trade (DGFT) stated...

Manila, April 10 – The ongoing conflict in the Middle East has heightened global geopolitical risks and intensified downside risks for economic growth in developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.The Asian Development...

Islamabad, April 9 Prime Minister Shehbaz Sharif has set up a special body to deal with the economic and security impacts of the West Asia conflict on the country.The National Coordination and Management Council (NCMC) was formed just hours before the two-week ceasefire was achieved between...

Washington, April 8 Foreign Secretary Vikram Misri launched the India-US Trade Facilitation Portal here on Wednesday as the two countries aim for a bilateral trade target of USD 500 billion.Misri, who is on a three-day visit to the US, launched the portal at a virtual event that was attended...

Washington, April 8 – US President Donald Trump announced on Wednesday what he called a “very productive” change in Iran, saying the US would eliminate uranium enrichment and work to remove nuclear material that had been deeply buried.In a series of posts, Trump outlined a framework that...

Washington, April 8 – The United States has described its trade relationship with China as “stable,” while warning that the global trading system risks becoming “less relevant” if reforms are not undertaken, US Trade Representative Jamieson Greer said.Speaking at the Hudson Institute on...

Washington, April 3 – The United States will impose tariffs of up to 100% on imported patented pharmaceuticals, with President Donald Trump citing national security risks and heavy reliance on foreign supply chains.In a proclamation issued on Thursday, Trump said that “pharmaceuticals and...

New Delhi, April 2 The government imposed import restrictions on all forms of gold, silver, and platinum articles on Thursday, a move aimed at preventing the misuse of free trade agreements (FTAs).These restrictions will apply regardless of any prior contract, irrevocable letter of credit...

New Delhi, April 2 India stood alone at the recently concluded WTO meeting in Cameroon in opposing a China-led proposal on the Investment Facilitation for Development agreement, Commerce and Industry Minister Piyush Goyal said, asserting that it is 'better to stand alone for the right than to be...

New Delhi, April 2 Commerce and Industry Minister Piyush Goyal said on Thursday that India is seeking preferential market access for its products in the US and asserted that the country's relations with America are "very robust" with a deep strategic partnership across technology, defence...

New Delhi, April 1 The textiles ministry on Wednesday extended the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel/ garments and made-ups by six months, up to September 30, 2026.The extension is without any changes to the existing guidelines.In a...

Kannur, March 31 – Congress leader Rahul Gandhi launched a sharp attack on the ruling Left Democratic Front in Kerala on Tuesday, alleging an “unprecedented partnership” between the Left and the Bharatiya Janata Party (BJP), and framing the upcoming Assembly election as a battle of ideologies...

New Delhi, March 29 Commerce and Industry Minister Piyush Goyal discussed strengthening India's trade and investment relations with Africa with the ministers and ambassadors of African countries on the sidelines of the WTO ministerial conference in Cameroon on Sunday."I had a productive...

Kochi, March 28 The DRI has thwarted an attempt to illegally export 512 kg of red sanders from the International Container Transhipment Terminal at Cochin Port in Vallarpadam, officials said on Saturday.According to a statement, acting on specific intelligence, officers of the DRI's Cochin...

New Delhi, March 28 Commerce and Industry Minister Piyush Goyal said on Saturday that consensus-based decision-making, most favoured nation (MFN) rule-based trade, and special and differential treatment in the WTO are key to ensuring balance in global trade.He also emphasised the need to...

March 28, New Delhi — India's Minister of Commerce & Industry, Piyush Goyal, met with WTO Reform Minister-Facilitators, Espen Barth Eide, Norway's Minister of Foreign Affairs, and Chris Bryant, UK Minister of State for Trade Policy, on the sidelines of the WTO's 14th Ministerial Conference...

New Delhi, March 28 A sharp divide exists at the ongoing ministerial conference of the World Trade Organization (WTO) in Cameroon over the moratorium on customs duties for e-commerce, think tank GTRI said on Saturday.It said that while the US is pushing for a permanent extension of the...

New Delhi, March 28 India has cautioned WTO members against using "transparency" to justify trade retaliation or challenge legitimate domestic policies, saying that it must be supported by sustained capacity-building to ensure that all countries meet their obligations fairly and effectively...