Tariffs are back at the center of US trade policy as President Donald Trump rolls out a fresh wave of duties on key trade partners, including Canada, Mexico, China, and potentially the EU. His latest move—reciprocal tariffs—aims to match import duties imposed on American goods by other nations. India, often...
India and the European Free Trade Association (EFTA) nations on February 10 launched a dedicated desk to provide structured support for European businesses seeking to invest, expand, or establish operations in India. This initiative is expected to facilitate the US$ 100 billion foreign direct investment (FDI) commitment outlined in the...
Switzerland’s decision to suspend the Most Favoured Nation (MFN) status under its Double Taxation Avoidance Agreement (DTAA) with India, effective January 1, 2025, could have significant implications for trade and investment. While it may not immediately disrupt trade, it will raise taxes for Indian companies operating in Switzerland, particularly those...
With Trump’s historical support for stronger India-US ties, many anticipate new trade dynamics that could benefit Indian exporters, especially given Trump’s focus on reducing US dependence on Chinese imports. His proposed “Trump Tariffs” on Chinese goods could open doors for India in sectors like electronics, pharmaceuticals, and textiles, positioning Indian...
India and the UAE have cultivated a dynamic partnership that has steadily expanded in scope, now reaching new heights in trade and investment. With the UAE currently ranked as India’s seventh largest source of foreign direct investment (FDI) and committing over $20 billion to diverse Indian sectors, its role as...
The UK’s food and beverage (F&B) market, valued at US$ 225.1 billion in 2023, is the largest manufacturing industry in the country and a major importer of global products. As the sixth-largest importer of F&B products, with imports growing at a 5-year CAGR of 3.9%, the UK offers significant opportunities...
Why is the Domincan Republic (DR), with a GDP of US$ 121.44 billion in 2023 and bilateral trade with India valued at US$ 769 million, highly critical for the latter’s future trade growth? Well, the country is a growing hub for foreign investment due to its favorable climate, political stability,...
The Comprehensive Economic Partnership Agreement (CEPA) has significantly increased bilateral trade, and Singapore remains a major source of foreign direct investment for India. Going forward, India and Singapore are deepening their financial and economic ties, focusing on digital connectivity, fintech, and the green economy. Recent meetings reviewed progress and explored...
India is in the process of re-negotiating its free trade agreement with ASEAN to address a widening trade deficit and seek deeper tariff cuts on exports like chemicals and gems. The review also aims to strengthen rules of origin to prevent trade misuse. ASEAN may request more concessions. The process...
Bangladesh’s political crisis in the aftermath of Prime Minister Sheikh Hasina’s resignation, has grabbed headlines in the past few days. The crisis has sparked concerns pertaining to its impact on bilateral trade, impacting key sectors like agriculture and textiles. Both nations will have to work to ensure stability and protect...
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