Economy & Trade

Importing High-End Vehicles to be Made Easier in India

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India may ease norms for importing high-end vehicles by removing mandatory restrictions on price and engine capacity, as well as local testing conditions.

RCEP Members Agree to Liberalize Services Market, Other Concessions for India

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India won key concessions at the RCEP Singapore Ministerial held on August 30-31, including an agreement to liberalize the services market and allow for bilateral negotiations with non-FTA partners.

EAEU-India Free Trade Zone: Initial negotiations eye improved access to new markets

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The EAEU and India are negotiating a free trade zone agreement to tap into each others markets, exchange technology know-how, and boost trade flows through liberalization.

RCEP Negotiations and India’s Position on the Asia-Pacific Trade Pact

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Maximalist positions on core issues threaten to derail RCEP negotiations. India seeks concessions on the movement of skilled professionals while member countries demand tariff relaxation on 92 percent of traded goods from India.

India’s Free Trade Agreements

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India has signed multiple trade facilitation agreements with various countries and regional blocs, including FTAs (ASEAN), PTAs (MERCOSUR), CECAs (Singapore), and CEPAs (Korea).

China Reduces Drug Tariffs, Indian Manufacturers Remain Skeptical over Market Access

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Indian drug and medical device makers and exporters could enjoy greater market access in China after the country announced import tariff exemptions but concern over non-tariff barriers remains.

India, South Korea Trade and Investment Ties: Focus on CEPA, Make in India

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India and South Korea look to strengthen their bilateral trade and investment relations under CEPA and Make in India, with opportunities emerging in the infrastructure and manufacturing sectors.

Indian Exporters Seek China Market Access in Following Sectors after US Trade Tensions

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Indian exporters could benefit from greater access to the Chinese market in the pharmaceuticals, software, and agricultural produce sectors due to China-US trade hostilities.

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