South Asia Free Trade Agreement

Type: Keyphrase
Name: South Asia Free Trade Agreement
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Over 1,000 items identified for preferential trade with India

KARACHI: The Pakistan Business Council (PBC) has identified 1,177 items for which Pakistan and India could seek preferential treatment for each other.In a study, the PBC has spotted 419 items Pakistan could export to India and 758 items India could export ... [Published The News International - 8 hours ago]
First reported Mar 25 2014 - Updated Mar 25 2014 - 1 reports

Reduce VAT on bicycles: Assocham

In order to give a fillip to the bicycle Industry in Punjab, the Associated Chambers of Commerce and Industry of India (Assocham) has urged the state government to reduce the value-added tax (VAT) on bicycle components currently at 5.5 per cent.On behalf ... [Published Business Standard India - Mar 25 2014]
First reported Mar 21 2014 - Updated Mar 22 2014 - 1 reports

Trade with India: Nawaz Sharif must fulfil his mandate

It seems that the PML-N government may well be set to achieve one of its key policy goals ie bolstering trade with India. During 2013, the process of normalization was scuttled by the untoward tensions on the Line of Control (LoC) and the situation was ... [Published The Friday Times - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Tax-News.com: Indian Bike Makers Seek Backing Amid Chinese 'Dumping'

Indian business association ASSOCHAM has called on the Punjab Government to support the local bicycle manufacturing industry with a lower rate of value-added tax (VAT) to help it to compete with Chinese manufacturers.India is the world's second largest ... [Published Tax-News.com - Mar 21 2014]
First reported Mar 19 2014 - Updated Mar 20 2014 - 3 reports

NDMA or MFN status: India shares non-papers on proposed duty structure

March 20, 2014India has reportedly shared non-papers on proposed duty structure on Pakistani goods with Islamabad through diplomatic channels, which compelled the Commerce Ministry to plead its case for grant of NDMA or MFN status for India, well-informed ... [Published Business Recorder - Mar 20 2014]
First reported Mar 18 2014 - Updated Mar 19 2014 - 1 reports

Farmers to stage sit-in against NDMA status to India

ISLAMABAD: Thousands of Pakistani farmers have decided to stage a sit-in at Wagah Border from March 31 onwards for an indefinite period to put pressure on Islamabad for its decision to grant non-discriminatory market access (NDMA) to New Delhi.Pakistan ... [Published The News International - Mar 18 2014]
Entities: Pakistan, India, Agriculture
First reported Mar 16 2014 - Updated Mar 17 2014 - 1 reports

MFN status to India: Pakistan to hold special Cabinet meet on Friday

Pakistan is going to hold a special Cabinet meeting on Friday to discuss trade normalisation with India. On the agenda are two broad issues - removal of the negative list of items for trade, which technically means giving India the most-favoured nation ... [Published Business Standard India - Mar 16 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Rising imports of bicycles and components from China to India at 25pct - ASSOCHAM

Rising imports of bicycles and their components from China to India at almost 25% cost comparative advantage owing to free trade agreements together with South Asia Free Trade Agreement are posing a serious threat to domestic bicycle industry producing ... [Published Steel Guru - Mar 17 2014]
First reported Feb 12 2014 - Updated Feb 12 2014 - 1 reports

Operationalization of SAFTA

The South Asia Free Trade Agreement (SAFTA) was signed during the 12th SAARC Summit held at ... [Published Press Information Bureau India - Feb 12 2014]
First reported Jan 20 2014 - Updated Jan 20 2014 - 1 reports

Recipe to expand Saarc trade

New Delhi, Jan. 19: Saarc member countries believe greater participation of private companies in the cross-border business will enhance the collective growth of the region. Trade between the members of the South Asian Association for Regional Cooperation ... [Published Calcutta Telegraph - Jan 20 2014]

Quotes

Commenting upon the release of the research, the Secretary General of ASSOCHAM, D S Rawat, said: "The imports of bicycles and their components from China to India have risen by about 41 percent during the course of past five years, as such it is imperative for India to review the Free Trade Agreement and South Asia Free Trade Agreement to safeguard the interests of the domestic bicycle industry."
...Pakistan will also open other borders for trade with India but the problem is the country has not yet established Land Port Authority, he added. "In short-term there will be trade diversion, not trade creation" he added
"Pakistan need not fear about India penetrating its sensitive sectors, as most of the important items will largely remain in the sensitive list under Safta. Granting the MFN status to India is the only logical solution to the blueprint agreed upon in 2011" said Icrier Professor Nisha Taneja
...haste with which the government of Pakistan is proceeding to open Wagah border is undermining the country’s negotiating leverage and position. "For agricultural produce and products, the Wagah route cannot be opened any further, until a separate bilateral agri-trade agreement is negotiated involving stakeholders, and is finalised and signed, based on an impartial and independent study for that purpose" he said

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Over 1,000 items identified for preferential tr... [Published The News International - 8 hours ago]
Reduce VAT on bicycles: Assocham [Published Business Standard India - Mar 25 2014]
Trade with India: Nawaz Sharif must fulfil his ... [Published The Friday Times - Mar 21 2014]
Tax-News.com: Indian Bike Makers Seek Backing A... [Published Tax-News.com - Mar 21 2014]
NDMA or MFN status: India shares non-papers on ... [Published Business Recorder - Mar 20 2014]
India trade: Parliament to hold debate only aft... [Published The Express Tribune - Mar 20 2014]
Cabinet meeting on MFN status Friday [Published Financial Daily - Mar 19 2014]
Farmers to stage sit-in against NDMA status to ... [Published The News International - Mar 18 2014]
Rising imports of bicycles and components from ... [Published Steel Guru - Mar 17 2014]
MFN status to India: Pakistan to hold special C... [Published Business Standard India - Mar 16 2014]
Operationalization of SAFTA [Published Press Information Bureau India - Feb 12 2014]
Recipe to expand Saarc trade [Published Calcutta Telegraph - Jan 20 2014]
Cost of credit needs to be brought down: Anand ... [Published Topnews.in - Jan 23 2012]
India urges Saarc states to ratify services tra... [Published Topnews.in - Feb 08 2011]
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