General / PIB Releases

India’s Seafood Export at all-time High in 2016-17 :MPEDA

New Delhi 07.June, 2017

Riding on a robust demand for its frozen shrimp and frozen fish in international markets, India exported 11,34,948 MT of seafood worth an all time high of US$ 5.78 billion (Rs 37, 870.90 crore) in 2016-17 as against 9,45,892 tons and 4.69 billion dollars a year earlier, with USA and South East Asia continuing to be the major importers while the demand from the European Union (EU) grew substantially during the period.

Mr. J.S. Deepak, Ambassador/Permanent Representative of India to the WTO presents his letter of Credentials to Director-General, WTO

New Delhi, 7th June 2017

Mr. J.S. Deepak, Ambassador/Permanent Representative of India to the World Trade Organization presented his letter of Credentials to Mr. Roberto Azevedo, Director-General, WTO on June 6, 2017. DG, WTO welcomed Ambassador JS Deepak and underlined India’s important role in the WTO especially for the forthcoming WTO Ministerial Conference in Buenos Aires in December 2017.

MJPS

Implementation of the expanded India-Chile PTA

New Delhi, 14th May, 2017

India and Chile have entered into another milestone in their trade relations as an agreement on expansion of India-Chile PTA which was signed on 6th September, 2016 is finally being implemented on 16th May, 2017. The Union Cabinet had approved the expansion of PTA in April, 2016.

The expanded PTA would immensely benefit both sides as a wide array of concessions has been offered by both sides on a number of tariff lines which will facilitate more two way trade.

Visit of Commerce and Industry Minister, Shri Suresh Prabhu to Republic of Korea from September 21-23, 2017

September 23, 2017

The Minister for Commerce and Industry, Shri Suresh Prabhu arrived in the Republic of Korea on September 21, to participate in the 7th Asia-Europe (ASEM) Economic Ministers meeting and the 3rd Joint Ministerial Review of the India-Korea Comprehensive Economic Partnership Agreement (CEPA). This is just the second visit of the Minister after he assumed his current Ministerial charge.

India and Republic of Korea review progress of CEPA during visit of Commerce and Industry Minister, Shri Suresh Prabhu to Seoul

New Delhi, 25th September 2017

The Minister for Commerce and Industry, Shri Suresh Prabhu visited the Republic of Korea from September 21-23, to participate in the 7th Asia-Europe (ASEM) Economic Ministers meeting and the 3rd Joint Ministerial Review of the India-Korea Comprehensive Economic Partnership Agreement (CEPA). This was the second overseas visit of the Minister after he assumed his current Ministerial charge.