/Tag: FTA

Indian car market poised to drive past Germany

2018-11-19T08:17:23+00:00November 16th, 2018|2017/2018, Global Edition – November 2018, Home Page|

Bernhard Mattes is the President of the German Association of the Automotive Industry (VDA) – a representative body for the country’s auto manufacturers and component suppliers. In this interview with ‘India Global Business’, he addresses a range of issues from the sluggish India-EU free trade agreement talks to the scope for Indian suppliers to expand into the region. What is the kind of impact you foresee Brexit having on India-EU ties? Brexit is a topic we are viewing with great [...]

India-EU trade relations: At a crossroads

2018-10-22T10:46:50+00:00October 12th, 2018|2017/2018, Global Edition – October 2018|

An analysis of the prospects of an India-EU Free Trade Agreement (FTA) Against the backdrop of the Indian President’s recent visit to three European Union countries. Indian President Ram Nath Kovind’s three-nation tour to Central Europe — Bulgaria, Cyprus and the Czech Republic – in early September resulted in the signing of 12 memorandum of understanding in the field of energy, environment, defence production, tourism, trade and investment and financial services. Given that the President is just a titular head [...]

India-Korea: A renewed push

2018-08-27T07:45:53+00:00August 1st, 2018|2017/2018, Home Page, UK Edition - August 2018|

Notwithstanding an eight-year-old trade agreement, India and South Korea bilateral trade has been underwhelming. A fresh attempt is being made to resurrect it. On July 9, South Korean electronics giant Samsung made a big splash when it inaugurated the world’s largest mobile manufacturing facility in Noida, a satellite town of New Delhi. With Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in meeting in tow, the new 35-acre facility that takes the Korean firm’s production capacity to 120 [...]

India vows to protect and promote WTO

2018-12-31T07:44:34+00:00January 22nd, 2018|2018/2017, Cover Story, India Investment Journal January Edition, Year|

India’s Minister for Commerce and Industry, Suresh Prabhu, has taken a vehement stand in favour of the World Trade Organisation (WTO) and told ‘India Investment Journal’ that the US will come around to its views on food security for the world’s poor. India has been fighting a battle to protect what it believes are the basic principles of multilateralism on which the World Trade Organisation (WTO) is built. Commerce and industry minister Suresh Prabhu was in the UK in January, [...]

Putting trade and investment back into EU-India strategic partnership

2018-08-01T12:12:08+00:00December 19th, 2017|2017/2018, December 2017, INDIA-EU, Year|

The chief of Europe’s leading industry body presents his view on how relations between India and the European Union will pan out in 2018 and the prospects of a long-pending free trade agreement (FTA). This year marks the 55th anniversary of diplomatic relations between India and the European Union. And while that is an achievement in itself, the partnership has yet to produce an actual free trade agreement (FTA) between both regions. Despite many agreements in areas like humanitarian aid, [...]

Unlocking the true value of a ‘Winning Partnership’

2020-03-12T14:50:38+00:00July 20th, 2017|2018/2017, From the Scence, India Investment Journal July Edition, Year|

A new compilation of essays on India-UK ties created a cross-country buzz over the last few weeks with its launch events in London and New Delhi. “The UK’s relationship with India has been predominantly transactional, but it needs to become transformational. India and the UK need to understand where the true value comes from the partnership, and how they can turn this special relationship into a global relationship, one that changes the world for the better, tackling significant issues such [...]

Four countries in six days: Prime Minister Modi makes a European connect

2020-03-16T09:01:10+00:00June 16th, 2017|2017/2018, Hot Spot, June 2017, Year|

The Indian Prime Minister was on a packed tour of Germany, Spain, Russia and France in May/June and has returned with a slew of agreements and promising pacts for the future. When Prime Minister Narendra Modi arrived in Berlin at the start of his European tour, the term used to describe the visit was the opening of a “new chapter” in the bilateral relations between India and Germany. The PM set off for his meeting with German Chancellor Angela Merkel at her [...]

Germany: India’s gateway to the EU

2020-03-16T11:37:40+00:00June 15th, 2017|2017/2018, December 2017, Hot Spot, INDIA-EU, June 2017, Year|

One of the European Union’s (EU) leading economies sets out what makes it the right gateway to Europe for Indian companies. Prime Minister Narendra Modi was only in Berlin for 24 hours on May 30, but the wake of his visit has left little doubt as to how important India is to Germany and the EU. German Chancellor Angela Merkel used a joint appearance in front of a business audience to emphasise that agreeing an EU-India free trade agreement (FTA) [...]

UK minister wants a quick free trade agreement with India

2019-01-02T07:27:38+00:00May 26th, 2017|2018/2017, India Investment Journal May Edition, India-UK, Year|

India Inc. hosted the inaugural UK-India Awards in London, where senior British and Indian ministers called for closer ties in a post-Brexit scenario. London: UK Foreign Secretary Boris Johnson pushed for a speedy conclusion of a free trade agreement (FTA) between India and the UK at the inaugural UK-India Awards in London on May 12. “Whenever we go to India, we have to pack bottles of whisky because as you know there is a duty of 150 per cent in [...]