Tag: Trade

Registry of Trade Unions of Labour Department holds Seminar on Hong Kong National Security Law for Trade Unions (with photos) ******************************************************************************************      To enhance the understanding of trade union officials and staff about the Law of the People’s Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (NSL), their awareness of national security and their obligation to abide by the law, the Registry of Trade Unions (RTU) of the Labour Department held today (December 10) the Seminar on Hong Kong National Security Law for Trade Unions at the Hong Kong Convention and Exhibition Centre.             Speaking at ... Read more

The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees (INR) i.e., invoicing, payment, and settlement of exports / imports in Indian Rupees. Accordingly, the Directorate General of Foreign Trade (DGFT) had earlier introduced Para 2.52(d) vide Notification No. 33/2015-20 dated 16.09.2022 to permit invoicing, payment and settlements exports and imports in INR in sync with RBI’s A.P. (DIR Series) Circular No.10 dated 11th July 2022. In continuation to the above notification, changes have been introduced under Para 2.53 ... Read more

Union Minister of Commerce & Industry Shri Piyush Goyal in a virtual meeting with H.E. Don Farrell, Minister of Trade and Tourism, Government of Australia noted that the early implementation of IndAus ECTA is in the best interest of both the countries. Meeting was held to discuss the status of ratification of IndAus ECTA (India-Australia Economic Cooperation and Trade Agreement), its early implementation and to deliberate upon way forward for a comprehensive IndAus ECTA. During the meeting both the delegations reviewed and appreciated the progress made in ratification of the IndAus ECTA, which was signed ... Read more

Trade and Industry Department services suspended ************************************************ Attention duty announcers, radio and TV stations: Please broadcast the following special announcement immediately, and repeat it at frequent intervals:         The Trade and Industry Department (TID) announces that as Tropical Cyclone Warning Signal No. 8 has been issued, its public services have been suspended.      The TID’s public services will resume progressively within two hours if the No. 8 signal is cancelled before 3.30pm.

Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution, Shri Piyush Goyal said that Textile Industry has a big role to play in making Free Trade Agreements a success. Delivering the Keynote address at the 10th Asian Textiles Conference TEXCON  on the theme- ‘Reimagining the Textile and Apparel Industry for the next Decade’, he said that FTAs with Developed Countries is high on the agenda of Modi Government. Shri Goyal said that  innovation is going to be the defining feature in India’s march towards becoming a Developed Nation. He highlighted ... Read more