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

Recent Searches: No Recent Searches
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: 27-05-2020
Notification No. 9/2020-Customs (ADD)
Seeks to levy definitive anti-dumping duty on imports of 'Electronic Calculators of all types excluding calculators with attached printers, commonly referred to as printing calculators; calculators with ability to plot charts and graphs, commonly referred to as graphing calculators; programmable calculators',originating in, or exported from, People's Republic of China for a period of five years, in pursuance of final findings of sunset review investigations issued by DGTR and in supersession of the notification No. 24/2015- Customs (ADD), dated the 29th May, 2015.

Date: 22-05-2020
Notification No. 47/2020-CUSTOMS (N.T.)
Appointment of CAA in case of in case of M/s Satnam Steels, Rajkot.

Date: 22-05-2020
PUBLIC NOTICE No. 06/2015-2020
Inclusion of Gopalpur Port, Odisha as a Port of Registration under Para 4.37 of Handbook of Procedures, 2015-2020.

Date: 22-05-2020
TRADE NOTICE NO. 12/2020-2021
Issuance of Preferential Certificate of Origin for India’s exports to Thailand and Vietnam under ASEAN-India FTA

Date: 21-05-2020
Notification No. 24/2020 - Customs
Seeks to amend notification No. 56/2000-Customs dated 05.05.2000, No. 57/2000-Customs dated 08.05.2000 and No. 40/2015-Customs dated 21.07.2015 providing for extension of last date of export by six months, for those cases where the last date of export falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.

Date: 21-05-2020
Notification No. 25/2020 - Customs
Inclusion of Gopalpur Port [INGPR1] as notified port for getting benefits under AA/ EPCG schemes and other export incentive schemes like MEIS/SEIS and other such schemes.

Date: 21-05-2020
Notification No.46/2020 - Customs (N.T.)
Exchange Rates Notification No.46/2020-Custom (NT) dated 21.05.2020.

Date: 21-05-2020
Notification No.10/2020-Customs (ADD)
Seeks to amend notification No. 27/2015-Customs (ADD) dated 1st June, 2015 to extend the levy of Anti-Dumping duty on acrylic fibres originating in or exported from Thailand for a further period of 6 months.

Date: 20-05-2020
Instruction No. 06/2020-Customs
Instruction Number 06 - Customs on Requirement of Veterinary Certificate

Date: 19-05-2020
Notification No. 45/2020-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.



Exim Guru Copyright © 1999-2020 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 InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001