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India, UK to soon launch talks for free-trade pact, ministers to meet virtually in July-end

New Delhi: India is soon going to launch free trade agreement (FTA) talks with the United Kingdom, which is now out of the European Union (EU), ThePrint has learnt. According to sources, the potential India-UK FTA will be discussed during a trade ministerial dialogue between Commerce and Industry Minister Piyush Goyal and International Trade Secretary […]

DGFT to launch new digital platform for import-export code related services on July 13

NEW DELHI: The Directorate General of Foreign Trade (DGFT) will launch a new digital platform on July 13 the first phase of which will cater to the services related to the issuance of Import Export Code (IEC), modification, amendment processes along with a Chatbot (a virtual assistant). The IEC is mandatory for companies and businesses […]

US and Kenya to begin negotiating free trade agreement

US-Kenya free trade agreement (FTA) discussions start today, opening the path to the first FTA between the US and a sub-Saharan African country. The US consistently ranks as one of Kenya’s top export markets, maintaining a $1.1 billion two-ways goods trade in 2018; this was a 4.9% increase from the previous year. The East African […]

International trade fair opens in Tanzania’s largest city

The 44th Dar es Salaam International Trade Fair (DITF) officially opened here in Tanzania’s commercial capital Dar es Salaam on Friday with Prime Minister Kassim Majaliwa attending the opening ceremony. The COVID-19 outbreak should be a lesson to farmers and industrialists to produce more crops and products that could be used in times of epidemics, […]

Export-import halted at West Bengal-Bangladesh land borders, Centre in talks with state to ease restrictions

After New Delhi eased restrictions for Chinese imports, a fresh issue has now emerged at India-Bangladesh border as West Bengal government has issued informal orders to restrict entry of import consignments coming from Bangladesh through land route over COVID-19 scare. Government sources told CNBC-TV18 that several trucks are stranded at India-Bangladesh border ports at Petrapole […]

Global Crop Protection Product Trends: An Inside Look at Key Central America Markets

Central America can best be considered as the “land-bridge” or isthmus that separates North America from South America. The land mass makes up most of the isthmus that separates the Pacific Ocean to the west from the Caribbean Sea in the east. It extends some 1,140 miles long from the northwest to the southeast. At […]

Spain Remains Morocco’s Top Foreign Trade Partner

Spain remained Morocco’s top economic partner in 2019, accounting for 28.4% of the country’s total foreign trade with the European Union (EU). This is equivalent to MAD 144.4 billion ($14.89 billion), according to the Exchange Office’s 2019 annual foreign trade report. European countries collectively accounted for 65.8% of Morocco’s total foreign trade carried in 2019, […]

Export Import Course Book

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Changes in MEIS Rates

Government of IndiaMinistry of Commerce & IndustryDepartment of CommerceUdyog Bhawan, New Delhi Public Notice No. 47/2015-2020Dated the 07 December, 2019 Subject: Changes in MEIS rates In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby makes the following amendments/changes in the Appendix 3B. Table […]

India Budget Highlights 2020

Economic Development Industry, Commerce and Investment Rs. 27,300 crore allocated for 2020-21 for development and promotion of Industry and Commerce. Investment Clearance Cell proposed to be set up: o To provide “end to end” facilitation and support. o To work through a portal. Five new smart cities proposed to be developed. Scheme to encourage manufacture […]