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Showing posts with the label Exports India

India-UAE sign the CEPA

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90% of exports India to attract Zero Duty in UAE   India looks forward to conclude a similar  Economic partnership agreement with GCC The Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal has termed the India UAE Comprehensive Economic Partnership Agreement (CEPA) is extremely beneficial for MSMEs, Startups, traders and all sections of businesses.  The CEPA is a balanced, fair, comprehensive & equitable partnership agreement, which will give enhanced market access for India in both goods and services. “It will create jobs for our youth, open new markets for our Startups, make our businesses more competitive & boost our economy” said Goyal.    “The finalization of the 880-page document in a record time of 88 days is a big achievement for both nations, it will boost economies of India and UAE and will usher in a new dawn for the people of the two countries” Goyal adds. Choicest key highlights are, 1: I

Exports India to attain target of US$650bn

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India eye on merchandise exports target of US$400 bn &  t he Services sector for US$250 bn exports! The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said it is possible to achieve exports of USD 650 billion within the current financial year. Chairing a Review Meeting of all major Export Promotion Councils (EPCs), Goyal said the $400 bn target of Merchandise exports is within sight and the Services sector should strive for $250 bn exports. Expressing his satisfaction that India achieved $300 bn merchandise exports in the first nine months of the current FY (April-Dec, 2022), Goyal assured the EPCs that his Ministry will do whatever it takes in handholding the EPCs and resolving their issues to attain even higher export targets in the next FY. Goyal said we can set a much higher goods exports target in the current last quarter of this FY. “In December alone we touched $37 bn goods exports despite the Omicron fear fact