This Chamber is being launched by the Federation of Bangladesh Chambers of Commerce & Industry and the Federation of Indian Chamber of Commerce & Industry to provide a high-level forum for accelerating economic partnerships between the two countries.
"Negotiations will be completed by the yearend and the signing of the final agreement could be sometime early next year," the Indian Ambassador to Bahrain says.
The India-China comparison has become almost passé with western audiences in the past few years. But in countries like New Zealand where ties with China, particularly economic ties, have traditionally been far stronger than with India, the comparison is relatively new and India often comes a poor second, especially in the eyes of New Zealand Inc.
Chile and India, which signed a preferential trade agreement (PTA) in March last year, could go in for a free trade agreement in the future. The PTA is applicable to only 300 products in each country.
The Indo-Russian Joint Study Group (JSG) has finalised its report proposing a set of recommendations to boost bilateral trade to US$ 10 billion in two years, according to officials.
India should not allow reductions in import duties on agriculture under its free trade agreements (FTAs), Minister of State for Commerce Jairam Ramesh said on Tuesday.
On the heels of an investment agreement between the two countries, Indian and Canadian business leaders are studying the feasibility of a free trade agreement, with the results expected by the end of the year, India's high commissioner said.
Being on an overdrive to ink several free trade agreements (FTA) following the recent collapse of the WTO talks, India is now mulling tightening standards on rules of origin (ROOs) of goods by including new ‘product-specific' norms.