Economy & Trade

Aug. 20 – India’s import and export system is governed by the Foreign Trade (Development & Regulation) Act of 1992 and India’s Export Import (EXIM) Policy. Imports and exports of all goods are free, except for the items regulated by the EXIM policy or any other law currently in force. Registration with regional licensing authority […]

Aug. 15 – This week, India and China held official talks for the first time regarding their respective approaches towards Central Asia. The talks represent further bilateral engagement with regard to regional cooperation, despite their occasional competing interests. India and China are both geographically close to Central Asia, and both countries have already established close […]

Aug. 15 – The Commonwealth of Nations has invited China to attend the intergovernmental organization’s Commonwealth Business Council meeting, which will be held this November in Sri Lanka. Several other non-Commonwealth countries have also been invited, including Japan, South Korea and Russia. The business council forum will be held during the Commonwealth Heads of Government […]

Regional Sea Power Balance Shifting To Delhi Aug. 14 – India has shown off its new aircraft carrier INS Vikrant, which was unveiled at the Indian naval shipyard in Cochin, Kerala, on Monday. The successful unveiling of the carrier means India has beaten its regional rival China to join the four states able to design […]

Aug. 9 – Asia has seen a recent influx in solar-panel shipments over the last quarter thanks to the increased use of solar energy by the Chinese and Japanese governments, with three of the world’s four largest producers having exceeded quarterly sales projections by as much as 32 percent. The three companies, Canadian Solar Inc., […]

While both countries have benefited from a meteoric rise in bilateral trade, in recent months Vietnamese leaders have sought to address the trade deficit that exists with China.

Aug. 5 – The redevelopment of Sri Lanka as a production, processing and export manufacturing destination is continuing following the end of its recent war. As evidence of this progress, the Suriyawewa Investment Promotion Zone (SIPZ) is to be built at Hambantota Port in the island’s southeast area, and is expected to attract over US$400 […]

Aug. 2 – The Indian central government has agreed to establish the new state of Telangana after congress’ ruling-party coalition gave its endorsement. As the country’s 29th state, Telangana will be formed by splitting the coastal state of Andhra Pradesh into two regions. Of the 23 districts that are currently a part of Andhra Pradesh, […]

By Nathan Barlow Aug. 1 – During 2003-2011, the value of trade between the European Union (EU) and India nearly tripled from US$38.2 billion to US$105.9 billion, pushing the EU into the forefront as India’s leading trade partner. In fact, EU-India trade amounted to about 9.9 percent of India’s total bilateral trade just last year […]

Jul. 29 – The Indian Government has provided Vietnam with a US$100 million credit line for the purchase of four patrol vessels. The credit line was granted in light of the Vietnamese Government inviting India to explore for oil in the Phu Khanh basin in the South China Sea, which Vietnam considers its territory. China, […]