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Brazil, India offer trade concesssions at G7

Brazil, India offer trade concesssions at G7 LONDON (Reuters) - Brazil and India offered concessions on industrial goods and services on Saturday to break an impasse in global trade liberalisation talks but made clear developed countries must at least match their moves. Indian and Brazilian officials made the offer at a meeting with finance ministers from the Group of Seven industrialised nations in London. India offered to lower its tariff barriers by more than the 50 percent it has already proposed to make global trade talks a success, adding that such a move would be implemented only if developed economies could match or

India feels its FTA offer to Asean is best it can give

India feels its FTA offer to Asean is best it can give Indias new offer to Asean to make the proposed free trade agreement (FTA) a reality was not only better than the China-Asean FTA, but also more favourable than the ideal model FTA, government sources said. India had, during the Indo-Asean senior economic officials meet on August 18, offered to eliminate or reduce its tariff lines to 89.3% and ensure 94% of the trade gets covered in this exercise. New Delhi had then given a weeks time to Asean to respond with similar offer. As per the China-Asean FTA,

India, Asean to consider free-trade pact by ’07

India, Asean to consider free-trade pact by ’07 NRI Special Offer! KUALA LUMPUR: India and the Association of South East Asian Nations aim to forge a free-trade agreement by the start of ’07, both sides said after a meeting on Friday. But Asean-member Malaysia said talks, due to be completed this June, could be tough after New Delhi wanted a host of items — from toilet seats to crabs and chewing gum — excluded from tariff cuts. “India has put forward 1,414 items on the exclusion list which we cannot accept,” Malaysian trade minister Rafidah Aziz told reporters, adding “They represent 44%

India now lures global educational providers

India now lures global educational providers India appears to have become the market where all the global education providers are heading for, including the the University of Cambridge International Examinations (CIE), which is the world’s largest provider of international qualifications for teenagers. CIE chief executive Ann Puntis, who is in the Capital to address a seminar for teachers, said the fees in CIE is 20% of the International Baccalaureat (IB) diploma that is offered in top-end schools in India. Around 200 schools in India offer CIE, which is the British system of school qualifications. CIE South Asia director Mark Batholomew

WTO mini ministerial meet soon: Nath

WTO mini ministerial meet soon: Nath Commerce Minister Kamal Nath is back in India after talks trade talks at Geneva ended in a deadlock as US and EU refused to cut trade distorting subsidies and tariffs. The minister however said that talks will continue and a mini ministerial attended by trade ministers of some key countries may be held by the end of this month. But with negotiating positions being very divergent, a common ground looks increasingly difficult to achieve. I hope that there is another meeting by the end of this month, said Nath on his arrival. The talks are deadlocked