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As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
Indian foreign policy makers say that India's interests in the GCC countries are intimately linked with its energy security, trade, employment for Indians and remittances while Middle Eastern foreign policy experts believe that India has showcased itself as "Security Partner" during Modi's visit to UAE. Given the economic and human security ...
The India–United Kingdom free trade agreement is a proposed free trade agreement which began negotiations in January 2022. [1] When completed it will be the first comprehensive free trade agreement that India has signed with a European country; it is expected be the third trade agreement signed by Britain since leaving the European Union negotiated completely anew.
ASEAN-India Trade in Goods Agreement: CECA ASEAN: 13 August 2009 1 January 2010 [7] ASEAN-India Trade in Services Agreement: November 2014 1 July 2015 [7] [19] ASEAN-India Investment Agreement: November 2014 1 July 2015 [7] [19] Global System of Trade Preferences (GSTP) PTA 41 countries 13 April 1988 19 April 1989 India Mercosur Preferential ...
[371] the current Foreign minister Samuel Santos López visited India in 2008 for the SICA-India Foreign ministers' meeting and in 2013 [372] for high-level talks with the then External Affairs Minister Salman Khurshid which also expanded bilateral trade with the two countries reaching a total of US$60.12 million during 2012–13.
According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 61.67% of total trade by India in the financial year 2022–23. [1] These figures include trade in goods and commodities , but do not include services or foreign direct investment .
The India-Middle East-Europe Economic Corridor (IMEC) is a planned economic corridor that aims to bolster economic development by fostering connectivity and economic integration between Asia, the Persian Gulf and Europe. [1] [2] The corridor is a proposed route from India to Europe through the United Arab Emirates, Saudi Arabia, Israel and ...
In 2023, bilateral trade between India and Canada was valued at $9.36 billion with the Indian exports to Canada worth $5.56 billion and Canadian exports to India valued at $3.80 billion. [26] In July 2024, India accounted for 0.74% ($0.74 billion) of Canada's total trade of $99.04 billion and Canada accounted for 0.82% of India's total trade of ...