News for week ended 17th october,2010
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Bangladesh and India will sign an agreement to allow makeshift border markets to boost bilateral trade. India will impose anti-dumping duties of up to $547 per tonne on imports of phenol from Japan and Thailand. India will not withdraw its WTO case against the EU for seizing drugs until the EU amends its customs laws to prevent such actions in the future. The RBI rejected a proposal to allow optionally convertible debentures and preference shares as part of foreign direct investment, saying full risk should be borne by investors. China said the yuan's exchange rate should not be blamed for US economic problems.
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The document discusses the tax treatment of income from immovable property under the OECD Model Convention.
Key points:
- Article 6 of the OECD Model Convention grants primary right to tax income from immovable property to the source state where the property is located. The residence state may also tax but must provide relief from double taxation.
- Income includes rental income, income from agriculture/forestry, and capital gains from sale of immovable property.
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Newsletter rajiv bajaj 26th July 2014
The document discusses several law and regulatory updates in India:
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2. The Lok Sabha passed the Finance Bill 2014, enacting the direct and indirect tax proposals from the national budget.
3. The RBI issued guidelines on prepaid forex cards and due diligence.
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5. The CCI imposed fines on cement and pharmaceutical companies for unfair trade practices.
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News for week ended 31st October,2010
This document discusses several topics:
1) The CEOs of several major companies including PepsiCo, Honeywell, and DuPont joining an organization.
2) France passing a bill raising the retirement age to 62 despite massive protests over the issue.
3) The US economy growing 2% in the third quarter boosted by consumer spending.
4) China's foreign minister stating that China aims to reliably supply rare earth minerals to fulfill contracts.
5) The White House identifying India as one of its best counterterrorism partners that it regularly shares information with.
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RCom was accused by CAG of not disclosing its stake in Swan Telecom, which received spectrum in the 2G auction. Swan was later sold to Etilsalat DB Telecom. Similarly, Unitech and Videocon did not disclose interests in telecom companies.
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The Oil Ministry said it would only consider approving the $8.48 billion Cairn-Vedanta deal after Cairn Energy formally applies for transfer of control of all its 10 Indian properties
News for week ended 24th october,2010
The document discusses several topics: cotton exports from India where 35-40% of shipments are reported to be fraudulent; India and Oman holding talks to increase bilateral trade which reached $4.5 billion last year despite the global downturn; the French President calling for coordinated action to reform the global financial system to reduce currency instability; changes to the IMF where India will become the 8th largest member and China the 3rd largest; and a WTO case brought by China against US tariffs on Chinese goods where the WTO found issues with how the US Department of Commerce handled the case.
Tour to Saint Petersburg, Russia
The document provides details of a planned 7 day trip to Saint Petersburg, Russia. It includes an itinerary with attractions and estimated costs. Key points include: flights from Delhi to Saint Petersburg for Rs. 24,011; renting a car for 5 days for Rs. 1,919.90; hotel for 5 nights at Rs. 5,840; estimated food and expenses of Rs. 55,589.90 total. Places to be visited include the Hermitage Museum, St. Petersburg Philharmonic, and boat tours along the Neva River.
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The document provides a weekly news summary covering several topics from the period ending March 10, 2010, including India informing the US that sector-wise tariff elimination is not feasible, Indian manufacturers now being able to sell products in Japan, an Australia-India free trade agreement expected to boost bilateral trade, the US approving a 'YUAN' bill over China's objections that it could hurt world economic growth, and news about a verdict on Ayodhya and losses for Mahindra Satyam.
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Key points:
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1. Changes were made to the Finance Act regarding taxation of unlisted securities and mutual funds.
2. The Lok Sabha passed the Finance Bill 2014, enacting the direct and indirect tax proposals from the national budget.
3. The RBI issued guidelines on prepaid forex cards and due diligence.
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2) France passing a bill raising the retirement age to 62 despite massive protests over the issue.
3) The US economy growing 2% in the third quarter boosted by consumer spending.
4) China's foreign minister stating that China aims to reliably supply rare earth minerals to fulfill contracts.
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RCom was accused by CAG of not disclosing its stake in Swan Telecom, which received spectrum in the 2G auction. Swan was later sold to Etilsalat DB Telecom. Similarly, Unitech and Videocon did not disclose interests in telecom companies.
Vedanta secured a $6 billion financing deal with banks to fund its proposed acquisition of a majority stake in Cairn India from Cairn Energy. The deal will be launched for general syndication shortly.
The Oil Ministry said it would only consider approving the $8.48 billion Cairn-Vedanta deal after Cairn Energy formally applies for transfer of control of all its 10 Indian properties
News for week ended 24th october,2010
The document discusses several topics: cotton exports from India where 35-40% of shipments are reported to be fraudulent; India and Oman holding talks to increase bilateral trade which reached $4.5 billion last year despite the global downturn; the French President calling for coordinated action to reform the global financial system to reduce currency instability; changes to the IMF where India will become the 8th largest member and China the 3rd largest; and a WTO case brought by China against US tariffs on Chinese goods where the WTO found issues with how the US Department of Commerce handled the case.
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News for week ended 10th october,2010
The summary discusses the rising Indian rupee, bilateral trade between India and France, gem and jewelry exports, and disinvestment of public sector units. The Reserve Bank of India may need to intervene to control the rising rupee. India and France are targeting to double bilateral trade to $12 billion. Gem and jewelry exports from India are expected to grow 30-35%. Public sector units will take employee unions' views into account and provide awareness programs before initiating disinvestment processes.
News for week ended 7th November,2010
Chinese President Hu Jintao was named the most powerful person in the world in the Forbes 2010 list, ahead of US President Barack Obama ranked second. India's Sonia Gandhi ranked 9th and Manmohan Singh 18th. India has made improvements in business regulations and implementing electronic processes that have helped its economy become one of the 40 most improved since 2005 according to the World Bank. In Brazil, Vale signed a deal with POSCO and Dongkuk Steel to build a steel mill to produce 3 million tons annually by 2014, with plans to eventually increase to 6 million tons.
News for week ended 10th october,2010
The summary discusses the rising Indian rupee, bilateral trade between India and France, gem and jewelry exports, and disinvestment of PSUs. The RBI may need to intervene to control the rising rupee. India and France are targeting to double bilateral trade to $12 billion. Gem and jewelry exports are expected to grow 30-35% this year. When disinvesting PSUs, companies will take employee unions' views and arrange programs to explain the benefits of disinvestment to employees.
News for week ended 24th October,2010
The document discusses several topics: cotton exports from India where 35-40% of shipments are reported to be fraudulent; India and Oman holding talks to increase bilateral trade which reached $4.5 billion last year despite the global downturn; the French President calling for coordinated action to reform the global financial system to reduce currency instability; changes to the IMF where India will become the 8th largest member and China the 3rd largest; and a WTO case brought by China against US tariffs on Chinese goods where the WTO found the US violated some rules.
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Fiat is setting up a joint venture with Chrysler to produce top-of-the-range SUVs at Fiat's Mirafiori plant in Turin, Italy, requiring an investment of over 1 billion euros. The Mirafiori plant employs around 5,500 staff.
Vivek Kulkarni resigned from the Board of the Bombay Stock Exchange, citing lack of corporate governance and objecting to proposals such as the exchange's plan to buy a mutual funds registrar and transfer agent, as well as its HR policy.
Samsung, which has announced Rs 350 crore in fresh investments in India, signed an MoU with the Tamil Nadu government to expand its facility,
Constitution of India
The document provides details about key aspects of the Constitution of India, including:
1) It describes the basic principles of the constitution such as sovereignty, democracy, secularism, and socialism.
2) It outlines the fundamental rights granted to citizens of India, such as right to equality, freedom of speech, and freedom of religion.
3) It discusses the structure of government, including the executive, legislative, and judicial branches at both national and state levels.
4) It lists the fundamental duties expected of all Indian citizens towards the nation.
So in summary, the document covers the overarching principles, rights and duties of citizens, and framework of government as established by the Constitution of India
Role of india in wto
India launched a safeguard investigation on imports of saturated fatty alcohols from other countries. The investigation was initiated because imports have increased significantly and caused serious injury to domestic producers by reducing their market share, sales, and profitability. Separately, the US filed a dispute against India's domestic content requirements for solar cells and solar modules, arguing it is inconsistent with WTO obligations. The document also discusses India's efforts to protect the geographical indication for Darjeeling tea from unauthorized use in other countries.
Foreign policies and indian business
US policies such as corporate tax reform and changes to H-1B visa rules could negatively impact Indian businesses, especially IT outsourcing firms. Brexit may hamper trade between India and the EU that passes through the UK. Key sectors such as automobiles, pharmaceuticals, and garment exports face risks from lower growth in the UK and EU. India's large trade deficit with China is a concern, with opportunities in sectors like cotton and gems but risks from imports under agreements like RCEP.
News file
The document provides news updates from October 4th to 9th. It summarizes that South Korea is expected to receive record overseas plant orders of over $60 billion this year due to growing Middle East demand. It also discusses countries adopting tactics to devalue currencies like China. Further, an Indian company entered the liquor business through a joint venture. IMF projected India's growth at 9.7% in 2010. Additionally, the EU agreed to amend laws after India resolved a dispute over seized generic drugs. The India-EU free trade agreement may nullify the UK's migration caps.
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The document discusses employment figures in India from July to September 2010. It notes that employment rose by 4.35 lakh (435,000) according to a government survey, with the largest increases in the textile (2.45 lakh) and IT/BPO (1.08 lakh) sectors. Employment also rose in the automobile, metal, and other industries. The survey covered over 2,500 units across several states. Comparing the last four quarters, overall employment has increased by 12.96 lakh since September 2009, led by the IT/BPO, textiles, metals, automobiles and gems/jewelry sectors.
labour laws and legal environment in India
Labour laws in India aim to protect employees and cover areas like wages, working conditions, and contracts. The legal system is influenced by WTO rules and protects intellectual property. Business regulations govern foreign exchange, licensing, trade, and taxes. India welcomes foreign direct investment due to factors like growth, infrastructure, and an English-speaking population. However, certain sectors like retail and agriculture restrict foreign ownership. Completing a free trade agreement between the EU and India faces challenges around intellectual property, pharmaceutical regulations, and political obstacles, but would increase bilateral trade and investment opportunities.
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The document contains summaries of multiple news articles:
1. Major Indian IT firms like Tata Consultancy Services, Infosys and Wipro are set to hire around 90,000 employees this year, much higher than the 20,000 hired last year, as business picks up both domestically and from foreign customers.
2. At a meeting of the International Monetary Fund, world leaders failed to pressure China to allow its currency, the yuan, to rise more quickly in value despite calls from the US, Europe, and Japan to do so.
3. The RBI and Indian government will encourage foreign banks operating in India to open branches in smaller towns and rural areas, away from major cities where most
How Antidumping Duty, Countervailing Duty, and Safeguard Duty Is Different
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India pakistan mfn status
- Trade between India and Pakistan has fluctuated over time, with Pakistan typically having a favorable balance until the early 1990s when it shifted in India's favor.
- Granting MFN status to India would require Pakistan to treat Indian imports no less favorably than imports from other WTO members under the principle of non-discrimination.
- There are arguments both for and against granting MFN status to India based on potential economic benefits and risks regarding increased imports and trade imbalance.
Anti dumping duty and competition law in india
This document provides an overview of anti-dumping measures and competition law in India. It defines key terms like dumping and anti-dumping duties. Dumping occurs when a foreign producer sells a product in another country at a price below its normal value, such as the price in its home market. Anti-dumping duties are levied to offset injury to domestic industries caused by dumping. The legal framework for anti-dumping in India is outlined, along with differences between anti-dumping duties and normal customs duties. Justifications for anti-dumping duties include protecting domestic industries from predatory pricing by foreign exporters. The World Trade Organization's agreement on anti-dumping is also summarized. Competition law in India
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This document provides an overview of taxation and investment in India. It discusses India's business environment, currency, banking/financing systems, foreign investment policies, and tax incentives. It also covers the various forms of business entities, taxation rules for businesses and individuals, withholding taxes, indirect taxes, labor laws, and Deloitte's office locations in India. The key topics include India's federal democratic system, the three-tier economy, regulation of prices and intellectual property, the banking sector led by the Reserve Bank of India, policies around foreign direct investment, and various tax incentives to promote investment.
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The document discusses foreign trade and investment in India. It defines foreign direct investment and explains how the Indian government controls and regulates FDI through policies around restricted, prohibited and unrestricted sectors. It also discusses factors that influence India's competitiveness in global trade, noting that India ranks 40th in competitiveness out of 137 countries. Key trade statistics are provided, such as India's top trading partners and the commodities involved in its largest exports and imports.
WTO and Its Impact
The document discusses the World Trade Organization (WTO) and its impact. It provides an overview of the WTO's functions such as administering trade agreements, handling disputes, and monitoring policies. Key WTO agreements covered include those related to agriculture, services, and intellectual property. Both favorable and unfavorable impacts of WTO membership on India are examined, such as increased exports but challenges complying with agreements like TRIPS. While WTO globalizes trade, developing nations like India face problems adjusting to new rules and competition.
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The document discusses various trade and economic issues between India and the United States. It notes that while trade has increased significantly in recent years, both countries see barriers to even greater economic partnership. Key issues discussed include India's intellectual property protections, US visa policies, bilateral investment, defense cooperation, and negotiations on trade agreements.
International Trade & Globalization: News on Trade Agreements, Tariffs, and C...
Here we will delve into the top six latest news on trade agreements, tariffs, and cross-border commerce in India this year. Stay tuned to get a detailed knowledge of the changing landscape of international trade in India through Gujarati news.
Source- https://medium.com/@newgujaratinews/international-trade-globalization-news-on-trade-agreements-tariffs-and-cross-border-commerce-797b49cadfe9
Stay updated with the latest business news in Gujarati subscribe at: https://newgujarati.news/
India Left RCEP, What Next?
India pulled out of the arranged Regional Comprehensive Economic Partnership (RCEP) in 2018
subsequent to entering Discussions in 2013. India has an import/export imbalance with 11 out of
the 15 RCEP nations and a few researchers have reviewed that India chose to quit the
arrangement in light of such unfriendly exchange balance. For sure, India has an import/export
imbalance with the majority of its exchange partners in past free trade agreements (FTAs). It is
in this setting that this brief looks at India's import/export imbalance with two of the top
exchanging partners inside RCEP with whom India has a current economic alliance — i.e., Japan
and South Korea, and focuses to what India must help to tilt the exchange balance to earn
benefit. It also likewise investigates India's exchange relations with Australia, with which the
nation is arranging a FTA. It features what India must do in future FTA arrangements to
diminish import/export imbalances and benefit from such negotiations.
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Mihos Security Group Presentation
Mihos Security Group began as a personal protection organization for celebrities and politicians. They expanded their services to address a lack of adequately trained security personnel. Mihos Security offers a diverse range of highly trained security professionals, including law enforcement officers and uniformed security. They provide armed and unarmed security services for corporate and residential clients, as well as self-defense courses and American Heart Association CPR training. Mihos Security aims to customize security details for each client's unique needs.
News for week ended 10th october,2010
The summary discusses the rising Indian rupee, bilateral trade between India and France, gem and jewelry exports, and disinvestment of public sector units. The Reserve Bank of India may need to intervene to control the rising rupee. India and France are targeting to double bilateral trade to $12 billion. Gem and jewelry exports from India are expected to grow 30-35%. Public sector units will take employee unions' views into account and provide awareness programs before initiating disinvestment processes.
News for week ended 7th November,2010
Chinese President Hu Jintao was named the most powerful person in the world in the Forbes 2010 list, ahead of US President Barack Obama ranked second. India's Sonia Gandhi ranked 9th and Manmohan Singh 18th. India has made improvements in business regulations and implementing electronic processes that have helped its economy become one of the 40 most improved since 2005 according to the World Bank. In Brazil, Vale signed a deal with POSCO and Dongkuk Steel to build a steel mill to produce 3 million tons annually by 2014, with plans to eventually increase to 6 million tons.
News for week ended 10th october,2010
The summary discusses the rising Indian rupee, bilateral trade between India and France, gem and jewelry exports, and disinvestment of PSUs. The RBI may need to intervene to control the rising rupee. India and France are targeting to double bilateral trade to $12 billion. Gem and jewelry exports are expected to grow 30-35% this year. When disinvesting PSUs, companies will take employee unions' views and arrange programs to explain the benefits of disinvestment to employees.
News for week ended 24th October,2010
The document discusses several topics: cotton exports from India where 35-40% of shipments are reported to be fraudulent; India and Oman holding talks to increase bilateral trade which reached $4.5 billion last year despite the global downturn; the French President calling for coordinated action to reform the global financial system to reduce currency instability; changes to the IMF where India will become the 8th largest member and China the 3rd largest; and a WTO case brought by China against US tariffs on Chinese goods where the WTO found the US violated some rules.
News
Fiat is setting up a joint venture with Chrysler to produce top-of-the-range SUVs at Fiat's Mirafiori plant in Turin, Italy, requiring an investment of over 1 billion euros. The Mirafiori plant employs around 5,500 staff.
Vivek Kulkarni resigned from the Board of the Bombay Stock Exchange, citing lack of corporate governance and objecting to proposals such as the exchange's plan to buy a mutual funds registrar and transfer agent, as well as its HR policy.
Samsung, which has announced Rs 350 crore in fresh investments in India, signed an MoU with the Tamil Nadu government to expand its facility,
Constitution of India
The document provides details about key aspects of the Constitution of India, including:
1) It describes the basic principles of the constitution such as sovereignty, democracy, secularism, and socialism.
2) It outlines the fundamental rights granted to citizens of India, such as right to equality, freedom of speech, and freedom of religion.
3) It discusses the structure of government, including the executive, legislative, and judicial branches at both national and state levels.
4) It lists the fundamental duties expected of all Indian citizens towards the nation.
So in summary, the document covers the overarching principles, rights and duties of citizens, and framework of government as established by the Constitution of India
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Role of india in wto
India launched a safeguard investigation on imports of saturated fatty alcohols from other countries. The investigation was initiated because imports have increased significantly and caused serious injury to domestic producers by reducing their market share, sales, and profitability. Separately, the US filed a dispute against India's domestic content requirements for solar cells and solar modules, arguing it is inconsistent with WTO obligations. The document also discusses India's efforts to protect the geographical indication for Darjeeling tea from unauthorized use in other countries.
Foreign policies and indian business
US policies such as corporate tax reform and changes to H-1B visa rules could negatively impact Indian businesses, especially IT outsourcing firms. Brexit may hamper trade between India and the EU that passes through the UK. Key sectors such as automobiles, pharmaceuticals, and garment exports face risks from lower growth in the UK and EU. India's large trade deficit with China is a concern, with opportunities in sectors like cotton and gems but risks from imports under agreements like RCEP.
News file
The document provides news updates from October 4th to 9th. It summarizes that South Korea is expected to receive record overseas plant orders of over $60 billion this year due to growing Middle East demand. It also discusses countries adopting tactics to devalue currencies like China. Further, an Indian company entered the liquor business through a joint venture. IMF projected India's growth at 9.7% in 2010. Additionally, the EU agreed to amend laws after India resolved a dispute over seized generic drugs. The India-EU free trade agreement may nullify the UK's migration caps.
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The document discusses employment figures in India from July to September 2010. It notes that employment rose by 4.35 lakh (435,000) according to a government survey, with the largest increases in the textile (2.45 lakh) and IT/BPO (1.08 lakh) sectors. Employment also rose in the automobile, metal, and other industries. The survey covered over 2,500 units across several states. Comparing the last four quarters, overall employment has increased by 12.96 lakh since September 2009, led by the IT/BPO, textiles, metals, automobiles and gems/jewelry sectors.
labour laws and legal environment in India
Labour laws in India aim to protect employees and cover areas like wages, working conditions, and contracts. The legal system is influenced by WTO rules and protects intellectual property. Business regulations govern foreign exchange, licensing, trade, and taxes. India welcomes foreign direct investment due to factors like growth, infrastructure, and an English-speaking population. However, certain sectors like retail and agriculture restrict foreign ownership. Completing a free trade agreement between the EU and India faces challenges around intellectual property, pharmaceutical regulations, and political obstacles, but would increase bilateral trade and investment opportunities.
Weekly news
The document contains summaries of multiple news articles:
1. Major Indian IT firms like Tata Consultancy Services, Infosys and Wipro are set to hire around 90,000 employees this year, much higher than the 20,000 hired last year, as business picks up both domestically and from foreign customers.
2. At a meeting of the International Monetary Fund, world leaders failed to pressure China to allow its currency, the yuan, to rise more quickly in value despite calls from the US, Europe, and Japan to do so.
3. The RBI and Indian government will encourage foreign banks operating in India to open branches in smaller towns and rural areas, away from major cities where most
How Antidumping Duty, Countervailing Duty, and Safeguard Duty Is Different
India is one of the largest consuming countries in the world. Many products are exported and imported every day.
India pakistan mfn status
- Trade between India and Pakistan has fluctuated over time, with Pakistan typically having a favorable balance until the early 1990s when it shifted in India's favor.
- Granting MFN status to India would require Pakistan to treat Indian imports no less favorably than imports from other WTO members under the principle of non-discrimination.
- There are arguments both for and against granting MFN status to India based on potential economic benefits and risks regarding increased imports and trade imbalance.
Anti dumping duty and competition law in india
This document provides an overview of anti-dumping measures and competition law in India. It defines key terms like dumping and anti-dumping duties. Dumping occurs when a foreign producer sells a product in another country at a price below its normal value, such as the price in its home market. Anti-dumping duties are levied to offset injury to domestic industries caused by dumping. The legal framework for anti-dumping in India is outlined, along with differences between anti-dumping duties and normal customs duties. Justifications for anti-dumping duties include protecting domestic industries from predatory pricing by foreign exporters. The World Trade Organization's agreement on anti-dumping is also summarized. Competition law in India
India taxation and_investment_2012
This document provides an overview of taxation and investment in India. It discusses India's business environment, currency, banking/financing systems, foreign investment policies, and tax incentives. It also covers the various forms of business entities, taxation rules for businesses and individuals, withholding taxes, indirect taxes, labor laws, and Deloitte's office locations in India. The key topics include India's federal democratic system, the three-tier economy, regulation of prices and intellectual property, the banking sector led by the Reserve Bank of India, policies around foreign direct investment, and various tax incentives to promote investment.
Foreign Trade and Investment And Its Competitiveness
The document discusses foreign trade and investment in India. It defines foreign direct investment and explains how the Indian government controls and regulates FDI through policies around restricted, prohibited and unrestricted sectors. It also discusses factors that influence India's competitiveness in global trade, noting that India ranks 40th in competitiveness out of 137 countries. Key trade statistics are provided, such as India's top trading partners and the commodities involved in its largest exports and imports.
WTO and Its Impact
The document discusses the World Trade Organization (WTO) and its impact. It provides an overview of the WTO's functions such as administering trade agreements, handling disputes, and monitoring policies. Key WTO agreements covered include those related to agriculture, services, and intellectual property. Both favorable and unfavorable impacts of WTO membership on India are examined, such as increased exports but challenges complying with agreements like TRIPS. While WTO globalizes trade, developing nations like India face problems adjusting to new rules and competition.
India us relations
The document discusses various trade and economic issues between India and the United States. It notes that while trade has increased significantly in recent years, both countries see barriers to even greater economic partnership. Key issues discussed include India's intellectual property protections, US visa policies, bilateral investment, defense cooperation, and negotiations on trade agreements.
International Trade & Globalization: News on Trade Agreements, Tariffs, and C...
Here we will delve into the top six latest news on trade agreements, tariffs, and cross-border commerce in India this year. Stay tuned to get a detailed knowledge of the changing landscape of international trade in India through Gujarati news.
Source- https://medium.com/@newgujaratinews/international-trade-globalization-news-on-trade-agreements-tariffs-and-cross-border-commerce-797b49cadfe9
Stay updated with the latest business news in Gujarati subscribe at: https://newgujarati.news/
India Left RCEP, What Next?
India pulled out of the arranged Regional Comprehensive Economic Partnership (RCEP) in 2018
subsequent to entering Discussions in 2013. India has an import/export imbalance with 11 out of
the 15 RCEP nations and a few researchers have reviewed that India chose to quit the
arrangement in light of such unfriendly exchange balance. For sure, India has an import/export
imbalance with the majority of its exchange partners in past free trade agreements (FTAs). It is
in this setting that this brief looks at India's import/export imbalance with two of the top
exchanging partners inside RCEP with whom India has a current economic alliance — i.e., Japan
and South Korea, and focuses to what India must help to tilt the exchange balance to earn
benefit. It also likewise investigates India's exchange relations with Australia, with which the
nation is arranging a FTA. It features what India must do in future FTA arrangements to
diminish import/export imbalances and benefit from such negotiations.
The Incompatibility of Anti-Dumping Laws
This document discusses the incompatibility of anti-dumping laws. It begins by defining dumping under WTO agreements and noting that dumping is condemned but not prohibited. While anti-dumping measures aim to address dumping that causes injury, the procedures involved are lengthy and costly, disproportionately impacting developing countries. Issues include panels being composed of representatives from the initiating country, conflicting with natural justice. The document examines cases where developing countries' legitimate claims were rejected on technical grounds. It argues that principles of equity, natural justice and good faith should be applied to remedy unfair outcomes. In summary, while anti-dumping aims to address unfair trade, its implementation has disproportionately burdened developing countries.
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The document discusses international economic institutions like the WTO, GATT, IMF and their role in facilitating global trade. It notes that developing countries face several trade issues and these organizations were established to resolve financial and commercial problems between nations. The key institutions are GATT, which was later replaced by the WTO, and this summary focuses on India's commitments and obligations as a WTO member.
Labour laws and legal environment in india for european union
The document provides an overview of labour laws, legal environment, business regulations, and foreign investment regulations in India as they relate to European investors. It discusses key labour laws covering areas like trade unions, wages, minimum wages, bonuses, working conditions, and temporary/contract workers. It also outlines intellectual property laws, commercial laws, taxation, foreign direct investment procedures and policies, bilateral investment and trade between India and European countries, and advantages of an EU-India free trade agreement. The legal environment and regulations in India have become more liberal and attractive for foreign/European investors and companies in recent decades.
Mr commerce minister, us will go back to tpp
The political leadership is in right directions. We have observed sincere desire of our present Commerce Minister Mr Tofail Ahmed to sign FTA/PTA with Sri Lanka and Thailand has been slowed down by different ministries and departments. The vision of political leadership should be honored by the administration.
Bangladesh has one possible solution to joint TPP and become stakeholder of the game under TPP Plus option. Bangladesh should try to join Regional Comprehensive Economic Partnership (RCEP). Bangladesh should immediately go for free trade agreement with USA and EU the largest buyers from Bangladesh. We should also immediately sign FTA with China and India, the major sources of raw materials of export products.
Wto and its impact on indian economy
The document discusses the World Trade Organization (WTO) and its impact on the Indian economy. It provides background on the establishment and objectives of the WTO. While WTO membership has increased exports and foreign investment for India, it has also posed challenges. The agreement on intellectual property rights and increased competition from foreign firms in sectors like pharmaceuticals and services have been unfavorable for India's economy. Overall, the WTO both benefits and disadvantages India's trade.
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News for week ended 17th october,2010
- 1. NEWS……………………… for week ended 10/10/2010 By:- Robin Inderpal Singh
- 2. Bangladesh, India to sign ‘border haat’ agreement To allow makeshift bazaars at their common bodes. The modus operandi of the proposed ‘haats’ for boosting bilateral trade Bangladesh imports from India in 2008-09 were $ 2.841 billion and exports to India were $ 276.58 million Total bilateral trade stood at $ 3.117 billion.
- 3. Anti-dumping duty on phenol imports Ministry to impose anti-dumping duty of up to $ 547 per tonne. This duty is on the import of phenol, chemical used by plywood and pharma industries It is imposed on the Japan and Thailand. The to be range from $10.03 per tonne to $ 547.03 as recommended by ADAG.
- 4. WTO drug seizure case to stay till EU changes its Customs laws India will not withdraw its case against the EU at WTO for wrongful seizure of drugs. Until EU agrees to amend its customs laws to prevent such action in future. This is the statement of commerce secretary Mr. RahulKhullar. Earlier India along with Brazil, filed a complaint against EU
- 5. ‘Preference Shares can’t be treated as FDI’ RBI rejected proposal of DIPP to allow to allow optionally convertible debentures and preference shares as the part of FDI. RBI said FDI investor should bear the entire project risk similar to borne by an ordinary shareholder of an Indian company for the instrument. The investor does not expose himself to the full risk and the instrument acquires the characteristics rather than a purely equity instrument.
- 6. China says yuan must not be 'scapegoat' for US economic woes "The United States can't use domestic reasons to pass on its domestic employment and economic growth problems (to other nations)," commerce ministry spokesman Yao Jian. "The yuan's rate must not be the scapegoat of US domestic problems."
- 7. hmm