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India wants to protect its foreign investors, but there's a catch

The draft text of the new law dated Nov. 15 does not cover demands related to enforcement of tax obligations.

Asean

Jan 21, 2020, 05.46 AM IST

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ASEAN

Centre appoints Rohan Shah as Governor on ERIA Board

The appointment is for a period of three years. The Board of ERIA meets once in every six months in Jakarta and then in Japan. ERIA, formed by the Governments of the ASEAN countries, is engaged in research and guidance on policy formulation related to economic integration, cross border trade issues and narrowing development gaps in the ASEAN region.

Palm oil import duty reduction disappoints industry

Currently, edible oil imports are now touching 70 per cent of our consumption.

Edible oil producers seek lower duty on raw, refined imports

Producers seek decreasing import duties of crude palm oil (CPO) to 30% from 40% ...

ET Prime Distribution
  • Commerce and Industry Minister Piyush Goyal said that eight rounds of negotiations have been held with South Korea for upgrading the existing comprehensive FTA.

    Prime Minister Narendra Modi took the call of not joining the RCEP agreement on November 4 in Bangkok, as India's concerns were not addressed in the pact.

    "We have already initiated dialogue with ASEAN countries and I am happy to share with the House that ASEAN has agreed for a review of the FTA. We will take up various issues in the review and then we will report to the House," he told the House. He also said the Coffee Board is trying to develop an Indian brand of coffee .

    Addressing members of the Indian community at an event organised by the Consulate General of India at the educational organisation, Asia Society, Defence Minister Rajnath Singh applauded the courage and valour of India's armed forces and recalled his France visit in October to receive the first of the 36 Rafale fighter jets.

    PM Narendra Modi, while addressing 10 Asean leaders, on Sunday welcomed the decision to have a relook at the free-trade agreement between India and the 10-member grouping. Last month, India and Asean initiated a review of the free-trade agreement in goods to make it “user-friendly, simple and trade facilitative”.

    Prime Minister Modi has said that India remains committed to a comprehensive and balanced outcome of RCEP negotiations and seeks balance across goods, services and investments and also within each pillar.

    India’s utilisation ratio of its current FTA with ASEAN is just about 6%. In contrast, ASEAN countries have a 36.3% utilisation. Also, unlike with Japan and Korea, the investment component is also not quite large.

    The need for tech talent across the world has been exponentially growing as every industry digitises itself to stay relevant, competitive and ensure it works on real-time for its end users. With a vision to be part of the APAC growth story, the Singapore office is envisioned to become a talent gateway between south-east Asia and the rest of the world.

    Prime Minister Narendra Modi and other leaders came together for a group picture during the 16th ASEAN-India summit in Thailand's Bangkok. S...

    Prime Minister Narendra Modi on Sunday said Association of South-East Asian Nations (ASEAN) lied at the core of India's Act East Policy and ...

    In his opening address at the India-ASEAN summit, the prime minister said enhancing surface, air and maritime connectivity between India and 10 nations of the bloc will significantly boost regional trade and economic growth.

    In his address at the annual India-ASEAN summit, PM Modi talked about the mutual coordination between India's vision of the Indo-Pacific and ASEAN Outlook for the strategically key region which has been witnessing growing Chinese assertiveness.

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