ICTC | India China Trade Center

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FOREIGN TRADE POLICY 2015-2020 UNVEILED

Two New Schemes – “Merchandise Exports From India Scheme” And “Services Exports From India Scheme” Introduced The much awaited Foreign Trade Policy 2015-20 was unveiled today by Minister of Commerce & Industry Mrs. Nirmala Sitharaman, at Vigyan Bhawan. The new five year Foreign Trade Policy, 2015-20 provides a framework for increasing exports of goods and …

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CHINESE DELEGATION HEADED BY MINISTER OF RELIGIOUS AFFAIRS OF CHINA CALLS ON UNION TOURISM AND CULTURE MINISTER

India exploring the possibility of extending Tourist Visa on Arrival to China: Dr Mahesh Sharma A six member delegation led by Minister of Religious Affairs of China, Mr. Wang Zuoan met the Minister of State for Culture (Independent Charge), Tourism (Independent Charge) and Civil Aviation, Dr. Mahesh Sharma in New Delhi today. Secretary, Ministry of …

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PRESIDENT OBAMA CALLS PM MODI ‘INDIA’S REFORMER-IN-CHIEF’

Obama Writes Article on PM Modi in Time Magazine, Calls Him ‘India’s Reformer-in-Chief’ NEW YORK: Prime Minister Narendra Modi features on Time magazine’s list of 100 most influential people with an article on him titled, ” India’s reformer- in-chief” Byline, Barack Obama. President Obama describes PM Modi’s journey “from poverty to Prime Minister” as one …

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VSF ENERGY AND CWPC SIGN A MOU DURING SHRI N. CHANDRABABU NAIDU VISIT TO CHINA

Energy sector firm VSF Energy signed a MoU with China Western Power Industrial Company Limited (CWPC) for 350 mw Coal based Supercritical Thermal Power Project at Ankulapatur Village, Chillakur Mandal, SPSR Nellore Dist., Andhra Pradesh State, India. The agreement was signed in the presence of Shri N. Chandrababu Naidu, Hon Chief Minister of the State …

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CHINA EASES CURRENCY CONTROLS, ALLOWING FREE EXCHANGE OF FOREIGN CURRENCY CAPITAL

Recent months have seen a number of regulations by the Chinese government aimed to ease some of the restrictions that are part of China’s currency control system. The latest of these changes is the announcement by the State Administration of Foreign Exchange (SAFE) on March 30, 2015, stating that foreign-invested companies may now convert RMB …

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CHINA ANNOUNCES DUTY-FREE TRADE STATUS TO ALL LEAST DEVELOPED COUNTRIES

Chinese President Xi Jinping, speaking at the Asia-Africa Summit in Jakarta this weekend, has announced a trade initiative to all Least Developed Countries that China enjoys diplomatic relations with. Stating that all such nations would be entitled to duty-free tariff reductions of 97 percent of previous customs rates, he used the summit to promote China …

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H.E. MR. ASHOK K. KANTHA, AMBASSADOR OF INDIA TO CHINA INTERVIEW TO PHOENIX TV

1.What is the purpose and expectation of Mr. Modi’s Visit? In what aspects will it help develop the China-India Relation? Prime Minister Narendra Modi is going to pay an official visit to China from 14th to 16th May that will take him to Xi’an, Beijing and Shanghai. This visit has raised many expectations from the …

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