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Apr 17

Ease of doing business, how Indian government will remove the bureaucratic hurdles in Export Import?

India has been ranked 63rd in the Ease of Doing Business Index by the World Bank, an improvement of 14 places from the previous year. However, despite this improvement, there are still several bureaucratic hurdles that need to be addressed, particularly in the context of export-import: The Indian government has taken several steps to simplify export-import procedures. The government has introduced the Indian Customs Single Window System (ICSW) to provide a single point of contact for all import-export-related clearances. The Read Full Details…

Mar 13

Russia, Uzbekistan Bilateral Trade To Reach US$10 Billion in 2023

Russia and Uzbekistan plan to increase bilateral trade to $10 billion this year against US$9.3 billion in 2022, Konstantin Zlygostev, Russia’s Trade Representative in Uzbekistan has stated at the opening of the Made in Russia exposition as part of the international construction exhibition UzBuild-2023 in Tashkent. “The task set by the leaders of the two countries to achieve a trade turnover level of $10 billion, I am sure, it will submit to us already this year.” Zlygostev said, recalling that Read Full Details…

Mar 09

How do Bilateral and Preferential Trade Agreements benefit a nation’s international Import and Export trade?

Bilateral and Preferential Trade Agreements have become increasingly popular in recent years as nations look for ways to strengthen their international trade relationships. These agreements, which involve two or more countries reducing trade barriers and establishing more favorable terms for certain products or industries, can have a significant impact on a nation’s international import and export trade. In this article, we will explore how bilateral and preferential trade agreements benefit a nation’s international trade. First and foremost, bilateral and preferential Read Full Details…