Search Result for : Free Trade

Trump and Theresa agree to increase trade between the two countries

The Dollar Business Bureau UK and US leaders met on the sidelines of the G7 meet and reaffirmed to complete a bilateral trade agreement after UK's exit from the European Union. The two leaders met at Sicily and decided to forge their trade relationship. A spokesperson told the media that the two leaders agreed on the importance of free trade while ensuring that the citizens of both the countries are not left behind due to globalization. "The president and the prime minister reaffirmed their commitment to increasing trade between the UK and the U.S., including a post-Brexit trade deal," the spokesman said. Theresa May was the first leader of a State to visit the White House after Donald Trump became the President. It was ...

Chinas exports, imports rise in April

The Dollar Business Bureau The exports and imports of China increased in the month of April, as foreign and domestic demand weakened and there was a decline in commodity prices. In April, China's exports surged 8% compared to the previous year, missing analysts' predictions, whereas imports expanded 11.9%, an official data revealed on Monday. This has left $38.05 billion of trade surplus for the country in the given month, China’s General Administration of Customs revealed. In March, the country’s exports grew 16.4% and imports rose 20.3%. China's trade surplus in the month of March stood at $23.93 billion. Last week, the Chinese Ministry of Commerce, in its quarterly report, said that the country’s exports and imports are likely to be stabilised and improved in near future. Foreign ...

Possible #1 Joke of 2017: China Wins The Title of a Free Market!

An MES label would mean that other WTO members will need to treat China as a free market equal during trade disputes Manish K. Pandey | The Dollar Business On December 11, 2001, China joined the World Trade Organisation (WTO). It was a milestone for China’s then not-so-open economy and took the country 15 years of arduous and prolonged negotiations to officially become the 143rd member of WTO, from being just a contracting party to the General Agreement on Tariffs and Trade (GATT) since 1986.When China joined the global apex trade body, it agreed to be treated as a non-market economy (NME) – a status that made it easier for trading partners to impose anti-dumping measures on China in case the latter violated global ...

RBI - Import of Goods into India Evidence of Import

Dated November 26th, 2015 | Copy of | Circular No.29 26/11/2015 | To, All Authorised Dealer Category - I Banks Attention of the Authorised Dealers is invited to para A.10.1 of A.P. (DIR Series) Circular No.106 dated June 19, 2003 in terms of which an importer has to submit as evidence of import, (a) the exchange control copy of the Bill of Entry for home consumption; (b) the exchange control copy of the Bill of Entry for warehousing, in the case of 100% Export Oriented Units (EOUs); or (c) Customs Assessment Certificate or Postal Appraisal Form as declared by the importer to the Customs Authorities. 2. With the establishment of Free Trade Warehousing Zones/SEZ Unit warehouses, imported goods can be stored therein, for ...