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DG Azevêdo Welcomes President Khaltmaa of Mongolia to the WTO

Chennai: Port Wings News Network: Director-General Roberto Azevêdo welcomed Mongolian President Battulga Khaltmaa to the WTO on 22 October. They discussed Mongolia’s support for the trading system, particularly in the context of the current trade tensions, and how the country can enhance its participation in global trade. President Khaltmaa was …

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Debate on WTO Reform Should Reflect all Perspectives: DG Azevêdo

Chennai: Port Wings News Network: At a meeting of the full WTO membership on 16 October, Director-General Roberto Azevêdo noted the emerging debate on ‘WTO reform’ and highlighted the importance that this discussion is inclusive. Roberto Azevêdo said: “The state of this organization is an issue in which everyone has …

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Exports Growth Affected: FIEO Chief Ganesh Kumar Gupta

New Delhi: Port Wings News Network: Responding to the trade data for the month of September, 2018, President FIEO said that though the data shows a marginal negative growth in the month of September primarily due to high base effect last year, the aggregate value of exports in this September …

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Members From Andhra Chamber of Commerce Visit Sri City SEZ

Chennai: Port Wings News Network: An 18-member delegation from the Andhra Chamber of Commerce, headed by Mr. V.V. Sampath Kumar,  Executive Committee Member, visited Sri City SEZ on 12 October 2018. Mr. Shiva Sankar, Senior Vice President (Marketing), Sri City SEZ received the guests and extended a warm welcome. Briefing …

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Tirupur Exporters Thank CBIC Permission for IGST Refund Claims

Chennai: Port Wings News Network: Tirupur Exporters Association (TEA) has thanked the CBIC for permitting IGST refund claims for exporters those import capital goods under the EPCG scheme also. In a press release Shri.Raja M Shanmugham, President, TEA, said that CBIC has now issued notification No: 54 / 2018 – …

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Government Approves Special Package for Footwear and Leather Sector

New Delhi: Port Wings News Network: The Central Government has approved a special package for employment generation in leather and footwear sector. The package involves implementation of Central Sector Scheme – Indian Footwear, Leather & Accessories Development Programme (IFLADP) with an approved expenditure of Rs. 2600 Crore for 2017-20. The …

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Rupee Volatility Affects Trade: FIEO Chief Ganesh Kumar Gupta

New Delhi: Port Wings News Network: Rupee has been quite volatile in this fiscal depreciating by about 14% with the prospect of further weakening, Mr Ganesh Kumar Gupta, President, FIEO, has said. Speaking on key issues and challenges of Export Sector, Mr Ganesh Kumar Gupta said that the limited intervention …

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