Providing market access to New Zealand in particular could wipe out their livelihoods
Shahi Exports MD, Harish Ahuja tells Business Standard the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam
Here's a selection of Business Standard opinion pieces for the day
India is under increasing pressure to complete negotiations and decide on whether it will be part of RCEP.
Goyal says free trade pact can't be held hostage by one or two domestic industries
From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news
After repeated overtures from Trump administration, India has told the US that it was unwilling to discuss a full FTA
New Delhi resisted calls by most nations, which argued that India should slash existing tariffs on up to 90% of all goods
The signing comes amid worldwide trade turmoil, with a dragging US-China row and Britain's impending exit from the European Union casting a dark cloud over global growth
The rules demonstrate why India, despite its booming economy, scores so low in global trade coming in at 20th position
Nations have increasingly got entrenched in their positions over reduction in tariffs and opening of market access
Wellington is focussing on getting a number of new trade deals
So far, 13 rounds of negotiations have been held at the level of chief negotiators
India and Britain are evaluating the possibility of a free trade agreement (FTA) to guide bilateral trade after Britain officially leaves the European Union.Britain has actively sought to redraw economic ties with the world after a referendum last month went in favour of the country leaving the EU. UK business secretary Sajid Javid was in India on Friday to start initial discussions in this regard. "We already have a strong trading relationship with India and we hope to build on that," he told the media on Friday after meeting Commerce and Industry minister Nirmala Sitharaman.Sitharaman said India would soon start preliminary talks with Britain regarding the possibility of a bilateral trade deal that will kick in once Britain formally leaves the EU. This informal process would start moving once chief negotiators from Britain come to Delhi, she added.However, Sitharaman said with Britain moving out of the EU, ongoing negotiations over the proposed India-EU FTA would have to be restarted
Australia, Japan & South Korea want more tariff reduction, market access; India remains cautious over agriculture interests