Wait...
  1. Home >
  2. Export Import News >
  3. Economy News >
  4. India-US trade talks to be held on July 12 in New Delhi >
  5. India-US trade talks to be held on July 12 in New Delhi

Online Export Import Data Search

Complete Training Video : Click Here

India-US trade talks to be held on July 12 in New Delhi.


Date: 11-07-2019
Subject: India-US trade talks to be held on July 12 in New Delhi
India and the United States are to hold talks here on July 12 aimed at resolving the recent trade tensions between the two countries against the backdrop of President Trump's remarks on high Indian trade tariffs. 

A team of US Trade Representative (USTR) will hold talks with senior officials of the Commerce ministry. 

"On trade, Foreign Secretary (Vijay Gokhale) did mention in his briefing that the two sides will meet very soon. And I understand that ministry officials from the two sides are going to meet in the next couple of weeks," External Affairs Ministry spokesperson Raveesh Kumar told the media last Thursday. 

This would be the first engagement between the two sides on trade issues after the meeting Prime Minister Narendra Modi had with US President Donald Trump in Osaka on the sidelines of the G20 summit. 

The trade talks between the two countries slowed down after Washington rolled back the privileges that New Delhi was enjoying under their GSP or Generalised System of Preferences programme since June 5. 

External Affairs Ministry spokesperson Raveesh Kumar told the media last Thursday. 

This would be the first engagement between the two sides on trade issues after the meeting Prime Minister Narendra Modi had with US President Donald Trump in Osaka on the sidelines of the G20 summit. 

The trade talks between the two countries slowed down after Washington rolled back the privileges that New Delhi was enjoying under their GSP or Generalised System of Preferences programme since June 5. 

The GSP, implemented since 1974, is the largest and oldest US trade-preference scheme and it allows duty-free imports for thousands of products from designated beneficiary countries. 

On its part, India had also imposed retaliatory tariffs on 25 American goods, less than two weeks after the Trump administration announced an end to the preferential trade treatment for India over the trade barriers. 

On Tuesday, US President Donald Trump once again attacked New Delhi for imposing high import duties, saying that tariffs are "no longer acceptable". 

"India has long had a field day putting Tariffs on American products. No longer acceptable!" tweeted Trump. 

During US State Secretary Mike Pompeo's visit to New Delhi, India and the US had acknowledged there were issues between the two countries on trade and committed themselves to remove differences between them. 

Speaking to the media after talks with the visiting US Secretary of State Mike Pompeo, External Affairs Minister S. Jaishankar said both the countries should take "constructive and pragmatic view" on the issues pertaining to trade between them. 

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 19-09-2019



Date: 17-09-2019
Notification No. 30/2019-Customs
Seeks to amend notification No. 50/2017-Customs dated 30.06.2017 to reduce basic customs duty on Open cell (15.6” and above) for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels and certain goods for use in the manufacture of Open cell of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels.

Date: 14-09-2019
NOTIFICATION No. 37/2019-Customs (ADD)
Seeks to impose the definitive anti-dumping duty on the imports of "Electrical Insulators" originating in, or/and exported from China PR.

Date: 14-09-2019
NOTIFICATION No. 36/2019-Customs (ADD)
Seeks to rescind notification No. 11/2015-Customs (ADD) dated 11th April, 2015.

Date: 13-09-2019
Notification No. 64/2019-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 13-09-2019
Public Notice No. 33/2015-2020
Annexure I to Appendix 2A revised.

Date: 13-09-2019
PUBLIC NOTICE NO. 32/2015-2020
Enlistment under Appendix 2E of M/s Expo Overseas Entrepreneurs Association (EOEA) Indore Madhya Pradesh- Authorized to issue Certificate of Origin (Non-Preferential)- reg.

Date: 13-09-2019
Notification No. 65/ 2019-Customs (N.T.)
Amending Notification No. 12/97-CUSTOMS (N.T.), dated the 2nd April, 1997 so as to include Barhi, Distt Sonepat, Haryana

Date: 13-09-2019
Circular No. 31/2019-Customs
Revised Norms for Execution of Bank Guarantee under Advance Authorisation, DFIA and EPCG Schemes

Date: 12-09-2019
Notification No. 43/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI -reg.



Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001