Matthias's Feed
May 1, 2012

India’s exports fall for the first time since 2009

NEW DELHI, May 1 (Reuters) – India’s exports in March fell
for the first time since the 2009 global financial crisis as
demand weakened in the United States and Europe, further
clouding the outlook for the country’s balance of payments.

Exports fell 5.7 percent to $28.7 billion from the same
period a year earlier, continuing a sharp slowdown in shipments
in recent months that, combined with high imports of oil and
gold, has sparked concern over the country’s swelling trade
deficit.

Apr 23, 2012
Apr 20, 2012
Apr 16, 2012
Apr 15, 2012
Apr 12, 2012

Pakistan holds trade show in India, but obstacles remain

NEW DELHI, April 12 (Reuters) – Showcasing gourmet chefs and
catwalk fashion, Pakistan unveiled a trade fair on Thursday in
India’s capital as commercial ties between the nuclear-armed
rivals begin slowly to bloom.

Despite a combined population of 1.4 billion people and
thousands of years of shared history and culture, cross-border
trade between India and Pakistan is paltry – a legacy of three
wars since their independence from Britain in 1947.

Apr 12, 2012

Pakistan reveals soft side to India with trade show

NEW DELHI (Reuters) – From gourmet chefs to fashion houses showcasing muslin suits on the catwalk, Pakistan will unveil a trade fair in New Delhi on Thursday to reveal a soft side to traditional foe India as commercial ties between the nuclear-armed rivals begin to bloom.

Despite a combined population of 1.4 billion people and thousands of years of shared history and culture, cross-border trade between India and Pakistan is paltry – a legacy of three wars since their independence from Britain in 1947.

Apr 10, 2012

India challenges U.S. visa rules at WTO, eyes steel case

NEW DELHI, April 10 (Reuters) – India is challenging a U.S.
law that raised visa fees for high-skilled foreign workers as a
violation of global trade commitments and is planning another
case against U.S. import duties on steel pipe, In d ian officials
said on Tuesday in t he latest sign of prickly trade ties between
the two allies.

The complaint at the World Trade Organization against the
2010 U.S. visa fee increase, w hich India protested at the time,
i s at the level of “consultations” between the two parties, the
last stage before entering a full-fledged legal dispute.

Apr 10, 2012

Exclusive: India to challenge U.S. duty on steel pipes: source

NEW DELHI (Reuters) – India is preparing to challenge a U.S. import duty on steel pipes by requesting “consultations” at the World Trade Organization, a senior trade ministry official said, in the latest in a series of recent disputes between the two allies.

The United States Commerce Department in March set a preliminary import duty of nearly 286 percent on a certain type of steel pipe from India to offset government subsidies. A final decision on duty rates is expected by August.

Apr 10, 2012

India to challenge U.S. duty on steel pipes: source

NEW DELHI (Reuters) – India is preparing to challenge a U.S. import duty on steel pipes by requesting “consultations” at the World Trade Organisation, a senior trade ministry official said, in the latest in a series of recent disputes between the two allies.

The United States Commerce Department in March set a preliminary import duty of nearly 286 percent on a certain type of steel pipe from India to offset government subsidies. A final decision on duty rates is expected by August.