Page-4 of Trade Deficit
US Plans To End India’s Preferential Trade Status
President Trump notified the Congress his intent to terminate trade benefits for both India and Turkey under the Generalized System of Preference (GSP) eligibility criteria. India and GSP About 2,000 products, including auto components and textiles, can enter the US ..
Month: Current Affairs - March, 2019
Afghanistan Launches New Export Route to India through Chabahar Port
Afghanistan has launched a new export route to India through the through the Chabahar Port of Iran. 23 trucks carrying 57 tonnes of dried fruits, textiles, carpets and mineral products were dispatched from western Afghan city of Zaranj to Iran’s ..
Month: Current Affairs - February, 2019
India’s exports to China set to touch Record High
India’s export to China is expected to reach an all-time high in the financial year 2018-19. Increase in Exports The increase in the exports to China is attributed to US-China trade spat creating new opportunities for exporters and Beijing removing ..
Month: Current Affairs - February, 2019
China agrees to import rice from 17 mills in India
China has agreed to import rice, non-basmati and basmati varieties from 17 registered mills in India. These mills are in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh. It is considered as a major breakthrough in India’s efforts to ensure market ..