Singapore Indian Chamber of Commerce and Industry (SICCI) today signed a Memorandum of Understanding(MoU) with the century old Bengal National Chamber of Commerce and Industry (BNCCI) here to promote bilateral trade and business relations at the state level besides exploring further opportunities.
The Indian government proposes to initiate negotiations with the Gulf Cooperation Council to conclude a free trade agreement (FTA), Lok Sabha was informed on Wednesday.
A quality free trade agreement (FTA) between countries should cover 90 to 95 per cent of their trade, Asean Secretary General Ong Keng Yong said Wednesday, adding that India's long exclusion list of products hampered such a pact with Asean.
Asean has expressed its concern on India's proposal to exclude a large number of products from tariff concessions under the Free Trade Agreement (FTA).
President Roh Moo-hyun Tuesday held back-to-back summits with his counterparts from India and New Zealand on the sidelines of a regional conference here to discuss ways to strengthen South Korea's bilateral ties with those countries.
Saying that India was examining ways to develop regional trading arrangements with China, Prime Minister Manmohan Singh today gave an affirmative commitment here that India will dismantle ''unwarranted'' barriers, expand global capital flows and bring down tariff rates to levels prevalent in ASEAN countries, as a build-up to creating an East Asian Community.
TOILET seats, dolls and chewing gum were some of the products a bemused Datuk Seri Rafidah Aziz said had presented a hitch to the negotiations to the Asean-India Free Trade Agreement (AIFTA).