Knowledge base

What does the future look like for Indian exports?

Friday,June 19, 2015 at 7:00 am

The near future clearly looks bleak for Indian exports. For India however recent economic figures mean good news. India’s trade deficit aided by lower oil prices is now at a three month low. According to the statistics shared by the Union Ministry of Commerce & Industry, the country’s trade deficit is down from 11.2 billion US dollars in May 2014 to 10.4 billion US dollars in May 2015.   Shifting the focus to the country’s volume o Continue reading

Will the TFTA mark a new dawn for Intra-African trade?

Tuesday,June 16, 2015 at 5:09 am

The winds of change continue to blow across Africa, a continent that is expected to play a bigger part in global trade. Intra-African trade has long been recognized as the catalyst that could open new avenues for employment, draw investment and drive growth. Several attempts were made to exploit the realm of rich opportunities, the last one at the African Union Summit in January 2012. The deal did not see the light and the dream to enhance intra Continue reading

Exporting into new markets: How important is risk?

Tuesday,June 16, 2015 at 4:50 am

Some important considerations to be made during international trade decisions while setting up norms for risk mitigation are discussed in detail. Continue reading

Hong Kong’s new law fails to recognize vessel sharing alliances

Saturday,June 13, 2015 at 11:45 am

It is a move that could make or break Hong Kong’s port standing among other prominent ports in the world. The government of Hong Kong is contemplating putting into force a new law which in its current form will render all vessel sharing alliances illegal. A law that fails to take into consideration the workings of the shipping industry with regards to vessel sharing agreements (VSAs).   Sources from top shipping companies not in favor of t Continue reading

Stringent new conditions become a barrier for Indian dairy exports to Russia

Thursday,June 11, 2015 at 5:01 am

India is indisputably the world’s No.1 milk producing country with the current output said to be about 100 million tons. That is about three times the milk production in China. Bangladesh ranks first among importers of Indian dairy products followed by Egypt and United Arab Emirates. Russia allowed access to its market for Indian dairy exporters only after Russian Prime Minister Vladimir Putin’s visit to India in January this year.   Continue reading