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The Director-General is an Ex-Officio Additional Secretary to the Government of India. The Director-General advises the central Government in the formulation of Foreign Trade Policy and is responsible for carrying out that Policy. At present, the Director-General formulates Foreign Trade Policy and Hand Book of Procedures of Foreign Trade ...
According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 61.67% of total trade by India in the financial year 2022–23. [1] These figures include trade in goods and commodities, but do not include services or foreign direct investment . The two largest goods traded by India are mineral fuels ...
Pradeep Singh Kharola, IAS (Retd.) India Trade Promotion Organisation (ITPO), headquartered at Pragati Maidan, is the nodal agency of the Government of India under aegis of the Ministry of Commerce and Industry (India) for promoting country's external trade. ITPO is a Mini-Ratna Category-1 Central Public Sector Enterprise (CPSE) [7] with 100 ...
India and the Association of Southeast Asian Nations (ASEAN) have agreed to review their trade pact by 2025, the Indian government said on Monday, less than a month after India's trade minister ...
The Indian Trade Service (ITdS) is a civil service under Group A of the Central Civil Services of the executive branch of the Government of India.It was created as a specialized cadre to handle India's international trade and commerce on the basis of the recommendations of the Mathur Committee (Study Team on the Import and Export Trade Control Organization headed by Sri H.C. Mathur, Member of ...
As of 2023, India is the seventh largest exporter of commercial services in the world, accounting for 4.6% of global trade in services. India's service exports grew by 27%. In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
The India–United Kingdom free trade agreement is a proposed free trade agreement which began negotiations in January 2022. When completed it will be the first comprehensive free trade agreement that India has signed with a European country; it is expected be the third trade agreement signed by Britain since leaving the European Union negotiated completely anew.
The India Mercosur Preferential Trade Agreement is an example of a PTA. [2] A free trade agreement (FTA) also involves reducing or eliminating tariffs on items traded between the partner countries; however each maintains individual tariff structure for non-members. The key difference between an FTA and a PTA is that PTAs have a positive list of ...