Page-5 of International Trade
India to provide tariff concessions on 3,142 items to APTA members
India has agreed to provide tariff concessions on 3,142 products to Asia Pacific Trade Agreement (APTA) members, from July 1, 2018. The tariff concessions are implementation of results of fourth round of negotiations under APTA, which were formally concluded and ..
Month: Current Affairs - July, 2018
China imposes additional duties on US $50 billion worth of American products
China in tit-for-tat action has imposed additional tariffs and duties on $50-billion worth of American products. It comes after US President Donald Trump slapped stiff 25% tariff on Chinese goods worth similar amount. This has triggered full-fledged trade war between ..
Month: Current Affairs - June, 2018
Draft agri-export policy : Key Features
A draft Agri Export Policy has been released by the Commerce Ministry. The National Agriculture Export Policy is being formulated in line with the vision to double the farmer’s income and increase the share of agricultural exports from $30 billion ..
Trade Facilitation Agreement
The government had approved a proposal to notify the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO) in February, 2016. The proposal regarding ratification and acceptance of the instrument of acceptance of protocol of TFA to WTO Secretariat ..
New Delhi hosts Informal World Trade Organisation (WTO) ministerial meeting
The two-day Informal World Trade Organisation (WTO) ministerial meeting has started in New Delhi on March 19, 2018. Representatives from 50 countries are participating in the meet. The informal meeting is expected to provide an opportunity to engage in free ..
What is the meaning of Cost and Freight?
Cost and Freight is a legal term used in international trade and it refers to the charges which the seller has to incur for bringing the goods to the decided destination port. Cost stands for the actual cost of goods ..