India, Thailand to Start Talks for CEPA

India, Thailand to Start Talks for CEPA

The Government of India would come forward to initiate the talks for the proposed Free Trade Agreement (FTA) and commence negotiation for a Comprehensive Economic Partnership Agreement (CEPA) with Thailand, said Prime Minister Narendra Modi on Friday. According to him, there is synergy between the Thai infrastructure and the India’s priority in this field. The […]

World Trade Symposium in London on the state of global trade

World Trade Symposium in London on the state of global trade

World Trade Symposium in London was addressed by the Director-General Roberto Azevedo on the topic, “Trade and Globalisation in the 21st Century: the Path to Greater Inclusion.” Certain misconceptions addressed were: Globalisation has not stopped; it has just contracted to fewer areas. Also, trade in components is declining, scale of trade growth is lower, and […]

Trade policy review by United Arab Emirates

Trade policy review by United Arab Emirates

Trade Policy review, an examination of the evolution of trade, investment and development policies in the country; have attributed diversification of the economy that has helped it sustain Global Financial Crisis of 2008, and also the drop in oil prices since 2014. This is clear from the fact that recent growth was due to non-oil […]

Sri Lanka ratifies Trade Facilitation Agreement

Sri Lanka ratifies Trade Facilitation Agreement

Sri Lanka became the 81st country to ratify the TFA. TFA will enter into force once two-thirds of the WTO members formally accept the agreement. The TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out provisions for technical assistance and capacity building in this […]

Kazakhastan ratifies WTO Trade Facilitation Deal

Kazakhastan ratifies WTO Trade Facilitation Deal

DG Azevedo welcomes Kazakhstan’s ratification of the WTO Trade Facilitation deal at Astana Economic Forum Kazakhstan, largest both in terms of geography and economy in Central Asia, remains at the Centre for the New Silk road, connecting Asia and Europe. The TFA will reduce trade costs by up to 15% and would then facilitate regional […]