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Two cases submitted to the Seabed Disputes Chamber of the Tribunal today by Nauru Ocean Resources Inc. and Tonga Offshore Mining Ltd.: https://t.co/3WNhZEZ78Y
India and the US are moving towards closing all the open ends of the interim trade agreement, and both sides are likely to execute the "very, very vibrant" first phase of the pact by the middle of next month, Indian Commerce Minister said on Friday. https://t.co/BS0KZHBCjO
“But this is also the time to take the bull by the horns, because we need sustained foreign investments—a whole lot of them. The finance ministry is working on such issues.”
Reviewing and reviewing: India is reviewing its bilateral investment treaty template to make it more attractive, according to officials aware of the matter, as the West Asia crisis sharpens focus on drawing in more foreign capital. @pranjan1271
https://t.co/tw8kaR3GET
“The government is well aware of the sensitivities around such provisions. That’s why safeguards have to be built into any such relaxations, if they are finally approved,” said one of the officials.
India-US interim trade deal talks conclude without an outcome: "Teams held constructive and positive discussions across a wide range of issues covering Trade in Goods, Non-Tariff Measures, CTF, Economic Security Alignment, other areas of mutual interest." https://t.co/P9rRV5L2Dk
“Tariffs being rationalised and without a trade deal in place. A deal brings with it multiple extraneous pressures. For us, the status quo is a good outcome,” a top official told IE.
Friends like us: Senior Indian government officials have said that an agreement with the US might leave India in a difficult position, particularly in its relationship, as the US has been nudging countries to wean away from their dependence on China. https://t.co/JUsTkkwOVu
#Indonesia#EU: Indonesia’s state controlled exports and concerns over its commitments under preferential trade agreements, such as the EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA) https://t.co/xRsiE52S1z
“India could accept US tariffs locked-in at 18% or so [..] as long as these insulate against higher levies under ongoing Sec 301 investigations. But no deal will be acceptable which does not give India an advantage over competitors,” a source said.
https://t.co/ku6gEoNPoL
India is likely to discuss Washington's Section 301 investigation and potential tariff measures with U.S. trade officials, as the two nations seek to finalise a deal, an Indian government source said on Monday. https://t.co/NdQJ9x16UK
“Now the fight is about Section 301, which is the only statute available to the administration given by the US Congress. The rates do not matter in this case; preferential market access is what matters,” a Commerce and Industry Ministry official said. https://t.co/bl1HTN9keh