Latest News for: Bilateral trade

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Central banks of Korea, Indonesia agree to implement won-rupiah transactions in 2024

Korea Times 10 Dec 2023
Rhee said the implementation of the local currency transaction framework, which promotes the use of local currencies in bilateral trade transactions, is expected to positively impact economic development through promoting bilateral trade and also the wider use of the local currency.
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Visit can help raise neighbors' ties to new high: China Daily editorial

China Daily 10 Dec 2023
By continuously deepening their economic, trade, investment and infrastructure construction cooperation, the two countries have reaped mutual benefits. China has been Vietnam's largest trading partner for many consecutive ... In 2022, the bilateral trade volume was $234.92 billion.
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Top legislator visits Vietnamese embassy in Thailand

Vietnam News 10 Dec 2023
... bilateral relations in the future ... Currently, Thailand is Việt Nam's second biggest trading partner in the Association of Southeast Asian Nations (ASEAN), he said, noting that the two sides are striving for US$25 billion in bilateral trade in a more balanced direction.
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Saudi Arabia assessing advancements in FTA to enhance trade with Pakistan: Commercial Attache

Urdu Point 10 Dec 2023
He highlighted the presence of specialized institutions facilitating trade exchanges between the two fraternal nations, adding that these entities meticulously were assessing the opportunities and facilities offered by both countries, strategically leveraging them to augment the volume of bilateral trade.
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India, S. Korea, US to set up tech trialogue

Live Mint 10 Dec 2023
... and President Yoon Seok-Yeol on the sidelines of the G20 leaders’ summit in New Delhi in September.“They reviewed progress on various areas of bilateral Special Strategic Partnership, including in trade and investment, defence production, semiconductors and EV battery technology.
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India offers cut in ICT import duties to fast-track EU FTA

Financial Express 10 Dec 2023
India has sought to settle a long-standing dispute with the European Union (EU) by offering exclusive import duty concessions for certain information technology products, under the proposed bilateral free trade agreement (FTA) with the 27-country customs-cum-monetary bloc ... It is the basis of all world trade agreements.
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Coordinator FTO lauded NLC for successfully taking cargo to Kyrgyzstan

Urdu Point 10 Dec 2023
... warehousing services has played a pivotal role in enhancing the overall trade between both countries." ... He hailed the personal endeavours of Ulanbek Totuiaev,Kyrgyzstan Ambassador to Pakistan for the promotion of bilateral trade and facilitating the private sector of either sides.
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'Respect Our...': Jaishankar After Putin Praised India For Not Getting Intimidated By West

Hindustan Times 10 Dec 2023
Notably, the India-Russia trade has ... The bilateral trade target of $50 billion was set for 2030, which was completed in 2023.
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UAE, Indonesia tie up to boost digital infrastructure

GDN Online 10 Dec 2023
The MoU builds on strong bilateral relations between the UAE and Indonesia ... Following the UAE-Indonesia Comprehensive Economic Partnership Agreement (CEPA) which came into effect in September 2023, annual bilateral trade is expected to increase to $10 billion over the course of the next five years.--TradeArabia News Service.
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Oman Sultan to visit India on December 16

The Siasat Daily 10 Dec 2023
New Delhi ... Also Read ... During his visit, the leader will also hold bilateral discussions with PM Modi who will also host a luncheon in his honour ... India and the Sultanate of Oman are strategic partners and the bilateral trade and investment relationship between the two nations has flourished over the years ... .
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PM Rishi Sunak's officials in Delhi to discuss India-UK FTA: Report

Live Mint 10 Dec 2023
... with the Sunak-led Tory government wary of setting any firm new timelines to clinch a deal that is expected to significantly enhance the GBP 36-billion bilateral trading partnership.“The UK and India continue to work towards an ambitious trade deal that works for both countries.
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Bank expansion in NSP countries slows

Taipei Times 10 Dec 2023
The New Southbound Policy aims to enhance trade and exchanges between Taiwan and 18 ... He said that how local financial institutions map out their expansion plans in foreign markets depends on economic activities, and bilateral trade and investments between the markets and Taiwan.
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China-EU cooperation to provide more stability amid global challenges

China.dot.org 10 Dec 2023
As China pursues high-quality development and high-standard opening up, it sees the EU as a key partner for economic and trade cooperation, a preferred partner for scientific and technological cooperation, and a trustworthy partner for industrial and supply chain cooperation, Xi said.
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Our View: How much longer can Cyprus hinder Greece-Turkey relations?

CyprusMail 10 Dec 2023
The 10-point declaration was a statement of intent by Prime Minister Kyriakos Mitsotakis and Erdogan to underline their commitment to a new chapter in bilateral relations. Fifteen accords were also signed, for cooperation on education, trade, agriculture and tourism ... We have been here before, however ... ....
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MEA Secy visits Liechtenstein, Switzerland to enhance cooperation, boost bilateral ties

Beijing News 09 Dec 2023
Discussions were held on the India-EFTA Trade and Economic Partnership (TEPA), India's G20 Presidency, and global and regional issues of mutual interest ... Discussions were held on political engagements, bilateral trade and investments, digitalisation, innovation, ST, mobility and skill development ... Bilateral trade stands at above USD 17 billion.
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