New projects not to have local sourcing clause, on which WTO had raised objections India is hopeful of adhering to the World Trade Organisation’s year-end deadline for removing the compulsory domestic-sourcing
India is readying to defend its policy requiring companies to source local content for the national solar mission project, a rule that has triggered protests from the US and the EU. The commerce department
But there could be technical snags as project has exhausted its time extension limit The Maha Mumbai Special Economic Zone, jointly promoted by Reliance Industries chairman Mukesh Ambani and Anand Jain, could still get a nod if it is scaled down to the extent of land already under possession, according to an official dealing with SEZ issues.
STATE governments will soon have a greater say in the stand the central government takes on key issues in the ongoing talks for opening up goods and services market in global trade at the World Trade Organisation (WTO).
THE proposed free trade agreement between India and Australia has hit rough waters with the latter insisting that issues including environment, labour, intellectual property, government procurement and competition policy be part of the negotiations.
THE proposed pact on liberalising trade in services and investment flows between India and the Asean, which is expected to result in increased opportunities for Indian professionals, is set to get a push at a senior officials meeting in Bali at the end of the month. Attempts would be made to tie all lose ends of the ongoing negotiations at the meet.
