NEW DELHI, January 5 – BUSINESS STANDARD – India has stepped up its approach in clinching bilateral trade and investment pacts over the last five years to obtain market access. But this has not really boosted merchandise exports to the partner countries, as exporters possess inadequate knowledge of the benefits of such deals. Trade analysts and experts blame lack of awareness and complex procedural issues for the lacklustre performance. India’s approach to trade talks has also evolved since its first negotiation on an early harvest scheme with Thailand in 2004. However, data assessment is a problem, as the government does not keep a record of trade taking place through the bilateral vis-à-vis the general route. According to a study by Jaipur-based think tank CUTS International, based on the commerce and industry ministry’s data, India’s trade with its trading partners through the bilateral agreement route stood at $163.74 billion in 2010-11, 27.46 per cent of the country’s total trade of $596.20 billion. – BUSINESS STANDARD – Global auto major Ford has decided to invest $142 million at its Chennai plant to manufacture a new compact sports utility vehicle named EcoSport. The company's wholly owned arm, Ford India, will roll out the product in the market later this year. The EcoSport will make its global debut here and be sold in 100 markets around the world. This is the second of eight global models the company plans to bring to India by the middle of the decade. – LIVEMINT – For Indian apparel exporters hit by overexposure to the slow-growing economies of Europe and the US; Russia might prove for them as a knight. Exports to Russia are seen growing at 30-40% over the next two years. Indian clothing manufacturers shipped garments worth $120 million to Russia in 2010, or 1% of the total $11 billion. That compares with the 70% share of Europe and the US. The Apparel Export Promotion Group (AEPC), which held talks with its Russian counterpart several times, last year with plans for yet another meet in September; hopes to see exports to Russia touch $170 million in 12-24 months. – LIVEMINT –Passengers and airlines using the Delhi airport may have to pay steep levies starting 1 April to fund the development cost of the Indira Gandhi International Airport. The Airports Economic Regulatory Authority (AERA) has— after a year of assessing the escalated cost of the Delhi airport—recommended a 340% hike in airport tariffs from April, less than the 874% hike Delhi International Airport Pvt. Ltd (DIAL), the operator, had sought.
Submitted By:-
Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ This email address is being protected from spambots. You need JavaScript enabled to view it.