India has steadily expanded its global trade partnerships to strengthen economic growth, create jobs, and enhance its global standing. After signing six Free Trade Agreements in the last five years, the latest being with Oman this month, India and New Zealand have just concluded negotiations for a forward-looking FTA, marking a historic milestone in bilateral… Read More »
India Oman Trade Agreement This is Oman’s first FTA in nearly two decades. This agreement is India’s second comprehensive Gulf FTA, after the UAE (2022). India’s has signed six free trade pact in the past five years, following deals with Mauritius, the UAE, Australia, the EFTA bloc and the UK. India – Oman has a… Read More »
What is CONCOR and how can exporters use it? CONCOR is a Government of India company under the Ministry of Railways. It is India’s largest multimodal logistics service provider, mainly handling containerized cargo for imports and exports. To simply put, CONCOR moves export–import containers using rail + road, and provides ICD/CFS facilities for customs clearance.… Read More »
All about High Sea Sales in Import Export Business High Sea Sales refers to a transaction where *goods are sold by the importer to a third party after shipment from the exporting country but before the goods arrive at the Indian port and before customs clearance. In simple words: Sale of goods while they are… Read More »
Deemed Exports in India Meaning, Benefits, and Examples In India’s foreign trade, the word “export” usually means sending goods outside the country. But India’s Foreign Trade Policy (FTP) also recognizes some special transactions within India as “exports,” even when the goods do not cross borders. These special supplies are known as Deemed Exports. Deemed Exports… Read More »