Exports

Vice President, M. Venkaiah Naidu has informed the Vietnamese Prime Minister that India was ready to partner with Vietnam in satellite construction, both for civilian and non-civilian uses.

The World Trade Organization meeting, held 13-14 May 2019 in New Delhi, discussed recent developments and explored ways for working with all Members to strengthen the multilateral trading system.

FICCI has urged the Indian Government to use the mini-ministerial platform for creating alliances and consolidating support among World Trade Organization member-countries to revitalize the multilateral trading system.

India has signed a protocol for export of chilli meal to China following a meeting between Commerce Secretary, Anup Wadhawan and Chinese Vice Minister, General Administration of Customs of China (GACC), Li Guo.

The existential challenges to the multilateral rules based trading system are manifest in a spate of unilateral measures and counter measures, deadlock in key areas of negotiations and the impasse in the Appellate Body, said Commerce Secretary Dr Anup Wadhawan.

Chinese mills are set to continue importing Indian pellets of 64fe ore with traders expecting to export 10-11 million tonnes this year (2019), up from 9.5 million tonnes in 2018.

Hyderabad-headquartered GVK BIO has appointed Dr. Axel Schleyer as Chief Executive Officer, Aragen Bioscience Inc, a wholly-owned subsidiary in San Francisco.

The Indian diaspora has called for setting up of Indian banks and improve credit lines as New Delhi explores avenues for expanding trade with the African region.

US-based investors, leading cash-rich foreign corporations in major markets, have called on India to speed-up the process of pro-business reforms, making it easy for American manufacturers seeking to relocate out of China.

In a bid to contain China in Asian waters, Japan and the United States persuasively got India into the Indo-Pacific region, according to a book “India's Eastward Engagement: From Antiquity to Act East Policy”.