trade deal

28 Jan

Trade deal with EU to create jobs and lift gems, jewellery exports: Industry leader

New Delhi, Jan 28 (IANS) The India–European Union Free Trade Agreement signed under the leadership of Prime Minister Narendra Modi marks a major milestone for India’s gems and jewellery export sector and is expected to significantly strengthen the industry’s presence in European markets, an industry leader said on Wednesday. Speaking to IANS, ACPL Exports SEZ Director Rohit Gupta said the agreement will give Indian gems and jewellery exporters greater confidence and competitiveness in Europe, opening up fresh opportunities for growth at a time when global trade conditions remain challenging. He described the deal as both timely and critical, adding that…

27 Mar

Israel-UAE free trade deal takes effect

Jerusalem, March 27 (IANS) A free trade agreement between Israel and the United Arab Emirates (UAE) has come into effect, the first such economic deal the Jewish state reached with an Arab country. Officials from both countries signed a customs agreement on Sunday, enabling the free trade agreement signed in May 2022 to come into effect, an official statement said. The customs agreement was signed by Israeli Foreign Minister Eli Cohen and UAE Ambassador to Israel Mohamed Al Khaja in the presence of Netanyahu, reports Xinhua news agency. According to the statement, the free trade deal is expected to reduce customs…