Page-4 of International Trade

India’s Rising Trade Imbalance

The Free Trade Agreement (FTA) refer to the cooperation between at least two countries to reduce trade barriers like import quotas and tariffs to increase trade of goods and services with each other. How does FTA’s work? The free-trade agreement aims at reducing barriers to exchange so ..

EU approves world’s largest free trade deal with Japan

On December 12, the European Parliament has approved the world’s largest free trade deal between Japan and the European Union (EU). The EU-Japan Economic Partnership Agreement will go into effect in February 2019. It will remove duties on almost all ..

Agriculture Export Policy, 2018

On 7th December, 2018 Union Cabinet has approved the Agriculture Export Policy, 2018. A Monitoring centre under the Ministry of Commerce would be established to oversee the implementation of the policy. Ministry of Commerce would be the nodal ministry for ..

United States sign trade pact with Canada and Mexico to replace North American Free Trade Agreement (NAFTA)

The United States has signed trade pact with Canada and Mexico to replace the 24-year-old North American Free Trade Agreement (NAFTA) in Buenos Aires, Argentina. They signed an authorization for the deal on the sidelines of the Group of 20 ..

India focus country in Turkey’s Izmir International Trade Show

India was the focus country of 87th Izmir International Trade Show held in Izmir, third most populous city in Turkey, after Istanbul and Ankara from 7th to 11th September, 2018. Trade Promotion Council of India (TPCI) had led 75-member Indian ..

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UNSC adopts Resolution 2428 to impose an arms embargo on South Sudan

The United Nations Security Council (UNSC) has adopted a resolution 2428 (2018) to impose an arms embargo on South Sudan. The measure will stop the flow of weapons to armed groups in the country. It is in addition to the ..