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Dhaka to pay premium for assured cotton supply
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New Delhi and Dhaka will soon ink a long-term supply contract wherein India will supply an assured quantity of cotton to Bangladesh, but prices will be higher than that in the international market.
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Taiwan trade promotion office to be set up in Sept
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The Taiwan Trade Promotion Office will be set up in the city in September to attract investors. A delegation from Taiwan today met state commerce and industries minister Mr Partha Chatterjee and expressed interest to invest in automobile, hardware, aqua culture, power sector and food processing sectors in Bengal.
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Cheaper wine to wait for India-EU deal
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The entry of cheaper wine and cars from Europe has to wait for India and the European Union to sort out their differences on a host of issues, ranging from bananas to visas and from investment to data protection for IT companies.
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Meghalaya's oranges, strawberries find market route to B'desh
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Meghalaya's famed oranges and the juicy strawberries of the hills will soon find its way to neighbouring Bangladesh through a local newly revived traditional 'border haat' at Balat, officials said today.
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'Allow wheat exports to Pakistan, CIS countries'
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Punjab Tuesday asked the central government to allow the export of wheat to Pakistan and CIS countries through the Attari checkpost as the state's produce may cross a record 115 lakh tonnes this year.
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New Zealand keen on free trade pact with India
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Mr Richard White, New Zealand Trade Commissioner to India, has said his country is expecting to conclude the Free Trade Agreement (FTA) with India by next year.
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Customs office at Attari attracts truckloads of goods and goodwill
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Within days of a new customs and immigration facility becoming operational, the volume of trade between neighbours India and Pakistan saw a sharp rise.
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Visa issue a major hurdle in pushing industry ties
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The rapid progress in normalizing trade relations between India and Pakistan has spurred hopes for a jump in business between the two countries. But businessmen on both sides say there are several challenges to overcome.
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Big trade waiting to happen
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A slew of measures by governments of India and Pakistan in the last year seems to have ensured that business ties between the two neighbours are ready for a takeoff
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India, Pakistan take trade route to warmer ties
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The two countries are promising to throw open their economies to each other by the end of the year. They have already liberalized some commercial ties and inaugurated a new border depot.
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Indonesia expected to commence direct air service to India from Jun
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Amid buoyant growth in the bilateral trade between the two countries, Indonesia was expected to commence direct air services to India from June this year,
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Trade deficit touches a record $185 b
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India's merchandise exports increased 21 per cent year-on-year to $303.7 billion in 2011-12.
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Exports grow 21% at $303.7bn, trade deficit shoots up
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Country's exports grew by 21 per cent to USD 303.7 billion in 2011-12 over the previous fiscal, while imports shot up by 32.1 per cent.
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SpiceJet gets DGFT nod for jet fuel imports
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SpiceJet has received approval from the Director-General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India, for importing aviation turbine fuel (ATF) directly from overseas market.
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US competition law to impact Indian exporters
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An Indian industry lobby Wednesday voiced concern over a new competition law in the US that says only those manufacturers who can provide proof of using genuine hardware and licensed software
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Pakistan urged to allow trade at Attari, Wagah
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The traders may sound upbeat about the integrated check post (ICP) project, but they want from both governments of India and Pakistan to give another push so that trade
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Pakistan commerce minister to visit India
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Pakistan Commerce Minister Mohammad Amin Fahim, accompanied by a trade delegation, will visit India this week to give a push to liberalisation of trade and visa norms.
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Pak signs pact with Indian tea producers to double imports
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Pakistan Tea Association today entered into a memorandum of understanding with Indian producers to double imports to 50 million kgs in 3 years.
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India, Qatar sign pact on co-operation in energy
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India signed an initial pact for cooperation in the energy sector with Qatar today. The country is looking at Qatar for sourcing more crude oil and gas to meet its domestic energy demand.
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‘Additional LNG imports to boost India, Qatar bilateral trade’
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India has expressed interest in importing additional liquefied natural gas from Qatar, which will further boost the trade between the countries, a senior banker has said.
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India, Czech Republic bilateral trade to double
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Bilateral between India and the Czech Republic is expected to double in the next three years, according to Mr Miloslav Stasek, Ambassador of Czech Republic to India.
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More Chinese investments in India soon
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China has committed to facilitating Indian exports into Chinese markets to address the yawning trade imbalance between the two countries.
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Gold imports up 14% in FY’11 at 969 tonnes
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India’s gold imports rose by 14 per cent during the 2010-11 fiscal at 969.73 tonnes, Parliament was informed today.
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Now, trade in futures on BRICS indices in local currency
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Indian investors can now trade in futures on the BRICS indices in local currency.
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India, China to maintain ties with Iran despite US, EU sanctions
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India and China on Wednesday indicated that they will continue to maintain normal relations with Iran, while citing high crude oil prices and energy security concerns.
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