Export Import News letter 27.3.2018

Ø      Joint Group Most Important Dialogue Mechanism between India and China

Ø      Textile Ministry to set up inter-ministerial panel on R&D with Rs.1,000 cr funding

Ø      Anti-Apartheid artwork for United States of America

Ø      Roundtable of Invest India Held Today

Ø      India to talk tough on trade deficit

Ø      Sink or sail? - shipbuilders face critical point for survival 

Ø      US Fed rate hike: Indian exports may take small hit in long-term

Ø      Steel tariffs strain India’s ties with Trump

Ø      News Now - CPI inflation slides to 4.4% on lower food, stable core

Ø      India, China to discuss trade issues next week 

Ø      Autonomy for Port Boards 

Ø      Government to promote 12 champion service sectors to boost export

Ø      Free trade zones are being used to traffic counterfeit goods

Ø      Take urgent steps to stream line cross border trade

Ø      Not following mooring safety procedures leads to injury

Ø      with inputs available, India declares its seafarers as favourites 

Ø      India has 30 days to respond to the US complaint on its export subsidies

Ø      Containers lost at sea. Why it happens and what to do when it happens

Ø      U.S.-China Lock Horns: Should India Be Worried  

News Letter on Export Import 23.3.2018

India, China Exports at Risk From Asia Currency Strength

https://www.msn.com/en-us/lifestyle/whats-hot/india-china-exports-at-risk-from-asia-currency-strength/vp-BBK9rnH

 

Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits

            

RBI/2017-18/139, A.P. (DIR Series) Circular No. 20 dated March 13, 2018

For more details : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11227&Mode=0

 

Tea exports rise 7% in April-January in FY18

https://www.thequint.com/hot-news-text/tea-exports-rise-7-in-april-january-in-fy18

CABINET CLEARS MOU WITH IRAN FOR AVOIDANCE OF DOUBLE TAXATION

http://diplomacyindia.com/cabinet-clears-mou-with-iran-for-avoidance-of-double-taxation-16572/

Will prepare plan on air cargo support to boost agri exports: Prabhu

https://www.thehindubusinessline.com/economy/agri-business/will-prepare-plan-on-air-cargo-support-to-boost-agri-exports-prabhu/article23209014.ece

1st Meeting Of The Working Group To Make India USD 5 Trillion Economy

http://www.pib.nic.in/Pressreleaseshare.aspx?PRID=1524916

China accounts for 66% of India's bulk druga imports in FY'17

http://www.business-standard.com/article/pti-stories/china-accounts-for-66-of-india-s-bulk-drug-imports-in-fy-17-117121900785_1.html

India's April-Jan non-basmati rice exports jump 34 percent

https://in.reuters.com/article/india-rice-exports/indias-april-jan-non-basmati-rice-exports-jump-34-percent-idINKCN1GQ0M1

Karachi port operations suspended due to collision of ships 

https://shippingandfreightresource.com/collision-of-ships/?awt_l=4ybgL&awt_m=3Xl9cPqAu_EYylg

India, EU to decide fate of trade agreement next month

http://www.dailyshippingtimes.com/news-upload/upload/fullnews.php?fn_id=19109

WTO ruling continues to haunt solar industry

http://www.financialexpress.com/economy/wto-ruling-continues-to-haunt-solar-industry/1100540/

WTO MEMBERS TO WORK ON ALTERNATIVE MECHANISM FOR DISPUTE SETTLEMENT – THE HINDU BUSINESS LINE

https://www.thehindubusinessline.com/news/world/wto-members-to-work-on-alternative-mechanism-for-dispute-settlement/article23229585.ece

WTO MEMBERS TO WORK ON ALTERNATIVE MECHANISM FOR DISPUTE SETTLEMENT – THE HINDU BUSINESS LINE

https://www.thehindubusinessline.com/news/world/wto-members-to-work-on-alternative-mechanism-for-dispute-settlement/article23229585.ece

 

Merchandise Exports from India Scheme (MEIS) benefit for ‘Bengal-gram’ 7% under ITC (HS) code 07132000 upto 20.06.2018.

file:///C:/Users/exim/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/2R1UMUW9/dgft-pn-66-21-03-18.pdf

 

Launch of e-MPS- facility to make online payment for miscellaneous applications.

DGFT Circular for more details :

http://files.indiantradeportal.in/download.aspx?file=uploads/General%20Documents/NU_SPS-TBT/15-03-2018/DGFT_TN_25_Dtd_14-Mar-18.pdf

 

Parliamentary panel suggests anti-dumping duty, GST revision to boost textiles sector

http://www.gstreadyindia.com/parliamentary-panel-suggests-anti-dumping-duty-gst-revision-to-boost-textiles-sector/

 

Latest circular on clarifications on exports related refund issue

http://gsttaxindiagov.in/gst-circular-no-37-11-2018-gst-dated-15th-march-2018-issued-by-cbec/

Eight sectors add 1.36 lakh jobs in July-September FY1

http://www.financialexpress.com/economy/eight-sectors-add-1-36-lakh-jobs-in-july-sept-fy18/1096157/

E-wallet will address GST refund issue of exporters: Suresh Prabhu

https://timesofindia.indiatimes.com/india/e-wallet-will-address-gst-refund-issue-of-exporters-suresh-prabhu/articleshow/63351875.cms

Plan For Timely Grant Of Patents In Works

https://www.mid-day.com/articles/suresh-prabhu-plan-for-timely-grant-of-patents-in-works/19201154

Draft Agriculture Export Policyput up in the public domain

http://www.pib.nic.in/Pressreleaseshare.aspx?PRID=1525186