`Balanced and fair' Doha trade deal possible: IndiaOctober 13th, 2009 WASHINGTON - Indian Commerce Minster Anand Sharma says while a perfect Doha deal may not be possible, he is hopeful a "balanced and fair" trade deal protecting the interests of the poorest countries could be reached. "We have to reassure the poorest of the poor that we are all committed to work collectively for development," he said at a conference on global services trade here Tuesday.
Anand Sharma reaffirms India's commitment to AfricaAugust 21st, 2009 JOHANNESBURG - India is committed to further expand and diversify its trade with Africa, to which South Africa was a gateway, Minister of Commerce and Industry Anand Sharma said here Friday. Addressing the India Business Forum (IBF), an umbrella organisation of Indian business representatives in South Africa, Sharma highlighted the need for Indian businesses to continue their proactive engagement in South Africa with its emphasis on ethical factors as well as job creation and skills development for the local economy.
India, Nepal discuss revised bilateral trade treatyAugust 19th, 2009 NEW DELHI - With India-Nepal trade expected to touch Rs.15,000 crore ($3 billion) this fiscal, commerce ministers of the two countries Wednesday discussed a proposed revised treaty to widen the scope of bilateral trade. Commerce Minister Anand Sharma and his Nepalese counterpart Rajendra Mahato met here to take forward the proposed Treaty of Trade and Agreement of Co-operation.
New foreign trade policy to be announced Aug 27August 18th, 2009 NEW DELHI - The foreign trade policy for the next five years will be announced Aug 27, Commerce and Industry Minister Anand Sharma said here Tuesday. "We will soon be coming out with our foreign trade policy for the next five years and have had discussions with all the stakeholders," Sharma said while delivering the valedictory address of a national workshop on 'Achieving Exponential Growth in Agro Exports' organised by the Agricultural and Processed Food Export Development Authority here.
New push from rich, developing nations to global trade talksJuly 9th, 2009 L'AQUILA - The groups of rich and developing countries, including India, are likely to commit themselves to early conclusion of the Doha Development Round of multilateral trade talks under the World Trade Organisation (WTO) later Thursday. A statement in this regard to this effect is expected from the G8 and G5 countries, as well as Egypt, at the G8 Summit being held at this quake-hit Italian city, some 100 km northeast of Rome.
Anand Sharma, Mandelson agree on need to resume WTO talksJune 23rd, 2009 LONDON - Indian Commerce and Industry Minister Anand Sharma and his British counterpart Lord Peter Mandelson have agreed on the need for an early resumption of stalled global trade talks, Indian sources said Tuesday. Sharma, who spent a day in London Monday, met with Business Secretary Mandelson for their first meeting since taking over the new portfolio in last month's cabinet reshuffle in New Delhi.
India demands visas for professionals, presses for WTO talksJune 22nd, 2009 LONDON - Indias new Trade and Commerce Minister Anand Sharma said Monday rich countries must grant Indian professionals more visas as he pressed for a resumption of stalled global trade talks. Sharma, who is in Britain for talks with his opposite number Peter Mandelson, told a gathering of prominent British and Indian businessmen the logjam in the so-called Doha Development Round of trade talks must be broken".
Protectionism would deepen recession, delay recovery: IndiaJune 19th, 2009 WASHINGTON - India has cautioned nations toying with protectionist measures in the wake of the global economic crisis that such a move would not only be counterproductive, but also deepen the recession and delay recovery. "Any kind of protectionism will not only be counterproductive, but deepen the recession and delay the recovery," Commerce and Industry Minister Anand Sharma told reporters Thursday at the end of his three-day visit for talks with the US officials.
Obama team attaches enormous significance to engaging India: Anand SharmaJune 19th, 2009 WASHINGTON - India's Commerce and Industry Minister Anand Sharma is returning home confident that President Barack Obama and his administration attach enormous significance in engaging India and wish to take their relationship forward. "I have no doubt in my mind that President Obama and his administration attach enormous significance in engaging India," he told a press conference here Thursday at the end of a three-day visit.
India hopeful of taking trade talks forwardJune 19th, 2009 WASHINGTON - Asserting that New Delhi had never wanted the Doha Round of World Trade talks to collapse, India has expressed the hope that a common meeting ground would be found to provide a level playing field to the developing countries. The Doha round had a hit a logjam because of non-convergence on many issues, but now there is recognition of the sensitivities of the developing countries, Commerce and Industry Minister Anand Sharma told a press conference here Thursday.
India did not want trade talks to collapse: Anand SharmaJune 19th, 2009 WASHINGTON - India will look to find a middle ground in the global trade talks in the quest for a "fair solution acceptable to all parties", Commerce and Industry Minister Anand Sharma said here, insisting that New Delhi never wanted the talks to collapse. Asserting that India had never wanted the Doha Round of World Trade talks to collapse, New Delhi hopes that a common meeting ground would be found to provide a level playing field to the developing countries.
US, India discuss how to bring down trade barriersJune 18th, 2009 WASHINGTON - India and US will consult with public and private stakeholders on how to bring down trade barriers and open markets for exporters as they discuss multilateral issues like the Doha round of world trade talks even as Washington expects New Delhi to take "bold steps" on trade liberalisation and economic reforms. Visiting Indian Commerce and Industry Minister Anand Sharma and US Trade Representative (USTR) Ronald Kirk agreed on such consultations during a meeting Wednesday to discuss strengthening the bilateral US-India trade relationship.
India Inc has contributed $105 bn to US economy: Anand SharmaJune 18th, 2009 WASHINGTON - Indian firms have contributed $105 billion (Rs.5.25 lakh crore) to the US economy between 2004 and 2007 apart from creating 300,000 jobs, Commerce and Industry Minister Anand Sharma said here late Wednesday. In his address at the US-India Business Council (USIBC) summit, Sharma cited the findings of a study on India Inc's role in the US and said: "During the period 2004-07, the Indian industry had contributed $105 billion to the US economy and created 300,000 jobs."
He also released the study, "Contribution of the Indian industry to the US economy", which has been prepared for the India Brand Equity Foundation, an organisation set up by the commerce ministry and the Confederation of Indian Industry (CII) to build positive economic perceptions of India globally.
Anand Sharma in US to boost India-US trade tiesJune 16th, 2009 WASHINGTON - Indian Commerce and Industry Minister Anand Sharma is all set to hold a series of meetings with top Obama administration officials to renew the dialogue on the way ahead for the India-US trade and economic partnership. The first Indian cabinet-level minister to visit the US after Prime Minister Manmohan Singh's government was voted back to power, Sharma will meet US Commerce Secretary Gary Locke and US Trade Representative Ronald Kirk.
Anand Sharma reiterates need for equal rights for Lankan TamilsApril 27th, 2009 RAJKOT - Congress spokesman and Minister of State for External Affairs Anand Sharma on Monday reiterated the need for equal rights for Sri Lankan Tamils, saying that they should be helped with a healing touch from a humanitarian angle. "There is humanitarian situation in Sri Lanka.
Loading ...