1.   

India, EU may go in for partial free trade pact

A day ahead of Prime Minister headed panel taking up the long-pending India-EU free trade agreement, the two sides today indicated they may open their markets in a gradual way instead of signing a full-fledged pact in the wake of differences on several key issues. "We have proposed the principle of incremental approach so that what may not happen now can be included later. But what we have on the table from both the sides...it is fairly robust.

2.   

Trade liberalisation: Pakistan to allow import of Indian agricultural goods

As part of the government’s confidence-building measures with New Delhi, Islamabad is set to allow the use of land transportation to import agricultural goods from India. a move that would likely boost trade in food between the two countries and is vehemently opposed by farmers’ lobbies in Pakistan. The federal cabinet has already decided to grant most-favoured nation status to India, which simply means that Pakistan will not discriminate against Indian goods compared to imports from other countries.

3.   

Germany pushes for free trade with India

German Economics Minister Philipp Rösler has urged India to reconsider its reservations about a free trade zone with the European Union. German Economics Minister Philipp Rösler on Thursday once again threw his weight behind the idea of a free trade zone between India and the European Union. He said on the fringes of an Asia Pacific conferencein New Delhi that such a zone would be desirable.

4.   

India-Vietnam trade to touch $7 billion by 2015

India today said its free trade agreement in goods with Asean would help in achieving the bilateral trade target of USD 7 billion with Vietnam by 2015. Vietnam is a member of the 10-nation bloc Association of South East Asian Nations (Asean). Vietnam is a member of the 10-nation bloc Association of South East Asian Nations (Asean).