Country has made 'meaningful progress' but other concerns have not been resolved, says USTR
The development follows Commerce and Industry Minister Piyush Goyal's visit to London, where he was on a two-day trip starting Monday
The RoDTEP scheme came into effect in 2021 and refunds the embedded non-creditable central, state, and local levies paid on inputs to exporters to boost India's exports
Chief negotiator and commerce secretary designate Rajesh Agrawal, who headed a team of commerce department officials, held talks with his counterpart in Washington during April 23-25
The April 22-26 visit came ahead of Prime Minister Narendra Modi's three-nation Europe tour to Croatia, Netherlands and Norway in May
Government officials said that the trade deal talks between India and the UK are inching towards conclusion
Says govt has been able to protect domestic steel industry from 'dumping'
SACU nations include South Africa, Namibia, Botswana, Lesotho and Eswatini and is the world's oldest customs union, over a century old
Total merchandise trade between the two nations ranged between $1.8 billion and $2.5 billion during FY09 and FY10
While Trump has been labelling India as a high tariff nation and a 'tariff king', Vance refrained from using such words against India
The finance ministry excluded developing countries from the safeguard duties other than China and Vietnam
Govt nudges industry stakeholders to raise imports from Washington
India and the UK are trying to speed up discussions on the trade agreement amid fast-changing geopolitical landscape and America's protectionist trade policies
This will be the first in-person meeting between the officials from India and the US since the finalisation and signing of the terms of reference of the proposed trade deal in March
With the appointment of four new secretaries, the Finance Ministry has, in recent months, witnessed an unusually high frequency of changes at the top bureaucratic level
Govt raises duty drawback rates for gold and silver jewellery
Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion
Imports witnessed 11 per cent growth year-on-year at $63.51 billion
India is also looking at non-tariff barriers as well as tariff barriers in the agreement
Exporters say production and shipping products in three months remain a challenge for tailor-made products