Australia Group

Australia Group which was established in 1985 as a multilateral export control regime (MECR) and informal group that works to counter spread of materials, equipment and technologies that could contribute to development or acquisition of chemical and biological weapons (CBW) ..

India joins Australia Group export control regime

India has become the 43rd member of the Australia Group export control regime on January 19, 2018. The inclusion is expected to raise India’s stature in the field of non-proliferation and help in acquiring critical technologies. With this, India has ..

India is 42nd participating State of Wassenaar Arrangement

India has become the 42nd participating State of Wassenaar Arrangement after completing the internal procedures in Vienna on December 8, 2017. The membership will facilitate high-technology tie-ups for country’s defence and space programmes. This membership is the second diplomatic success ..

China launches WTO dispute resolution case against US, EU

China has launched a dispute resolution case against US and EU at the World Trade Organisation regarding the surrogate country approach followed by the US and EU to calculate anti-dumping measures against exports from China. When China joined the WTO in 2001, it ..

US government extended the generalised system of preferences (GSP) for Indian exporters

India’s 3,500 products got duty free entry as US government extended the generalised system of preferences (GSP) for Indian exporters on 4 August 2015. This move by US government will benefit Indian exporters to export range of products from engineering to chemicals to their biggest ..

Month: Current Affairs - August, 2015

Annual Foreign Trade Policy 2007-08

The Annual Supplement 2007-08 to the National Foreign Trade Policy (2004-09) was announced by Shri Kamal Nath, Union Minister for Commerce & industry on April 19, 2007. 1. Exemption from Service Tax on services (related to exports) rendered abroad: Government ..