the Ministry of Commerce and Industry
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
US moots 12.5% tariff on India, 53 others over ‘forced labour’
In a widely anticipated move, the US Trade Representative Tuesday proposed 12.5% tariff on exports from 54 countries, including India and China, accusing them of failure to prohibit import of goods using forced labour. The announcement came while American officials are in India to discuss the details of the framework agreement, which commerce & industry minister Piyush Goyal had said is close to finalisation. USTR is also expected to release its report on the second probe launched by it –...
Australian beef will soon be hit by 55% tariff in China, ministry says
Australian beef will soon be hit by 55% tariff in China, ministry says China’s imports of Australian beef are about to surpass a quota introduced by Beijing to protect domestic farmers Australian beef will soon be subject to an additional 55 per cent import duty in China, with shipments of the meat about to surpass an annual quota set by Beijing, China’s Ministry of Commerce confirmed on Tuesday. Imports of Australian beef have already reached 90 per cent of this year’s quota, meaning that a...
India-US trade talks to resume on June 1 as both sides push to finalise interim pact
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement. The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by Darpan Jain, additional secretary in the department of commerce and the country's chief negotiator for the talks. According to the commerce ministry, the...
China rejects OECD report on industrial subsidies as ‘one-sided’ amid EU trade tensions
China rejects OECD report on industrial subsidies as ‘one-sided’ amid EU trade tensions The dispute comes as industrial policy becomes a major point of contention in global trade, particularly in hi-tech and strategic sectors “The report’s definition of ‘subsidies’ lacks a unified standard and statistical framework, and deviates from consensus under multilateral frameworks such as the World Trade Organization,” the Ministry of Commerce said in a statement on Thursday. “It attributes the rise...
'All major issues settled': Centre's big update on US-India trade deal
India and the United States are inching closer to signing the first tranche of the proposed bilateral trade agreement, with most of the key details already settled, commerce and industry minister Piyush Goyal said on Monday. His remarks came as a high-level US delegation arrived in New Delhi for a fresh round of negotiations. Speaking about the ongoing discussions, Goyal said members of the US negotiating team had already begun arriving in India ahead of meetings scheduled for June 2, 3 and 4.
Beijing threatens retaliation over EU moves to curb imports from China
China on Saturday warned the EU against imposing new trade restrictions, as Brussels prepares a broad crackdown on Beijing’s industrial overcapacity amid mounting fears for the future of European manufacturing. “If the EU insists on unilaterally introducing new trade instruments and adopting discriminatory restrictions, China will take resolute countermeasures and effective steps to safeguard its own interests,” the Chinese ministry of commerce said in a statement. “Communication...
What does Washington’s latest AI chip guidance mean for Chinese tech firms?
What does Washington’s latest AI chip guidance mean for Chinese tech firms? Beijing has criticised the move, but lawyers say the US document is more a clarification than a brand-new curb China’s Ministry of Commerce has lashed out at Washington’s latest guidance on advanced artificial intelligence chip exports, accusing the United States of abusing export controls and disrupting the global semiconductor supply chain. But trade lawyers and industry insiders said the actual fallout over the...
'Preferential access': Goyal says 1st phase of India-US trade deal likely by next month
Sharing an important update on discussions for the much-anticipated India-US trade deal, Commerce minister Piyush Goyal on Friday said that the first tranche could be finalised as early as next month. India and the US are making rapid progress towards resolving the remaining issues in their proposed interim trade arrangement, with both countries expected to implement the first phase of the agreement by the middle of next month, Goyal said. According to Goyal, officials from the US were in...
US puts Alibaba, BYD and Baidu on Chinese military blacklist
The Pentagon has added 188 Chinese companies to its military blacklist — its biggest ever expansion — in a move that targets household names far beyond the defence sector. The Pentagon has added Alibaba, BYD and Baidu to its list of Chinese military companies, barring them from US defence contracts, considered a significant expansion of a designation that now reaches deep into China's civilian tech sector. The list, updated and published Monday, has grown to 188 Chinese entities, up from 134...
CEO of tech company arrested for supplying US-origin computer parts to Iran: How California resident negotiated, purchased and arranged shipment of large quantities of 'banned' US technology for over 10 years
Jamshid Ghomi, a dual US-Iranian national and CEO of an Iran-based technology company has been arrested today on a federal criminal complaint. As per a press release filed by U.S. Attorney's Office, Central District of California, Ghomi is accused of violating US sanctions against Iran by shipping sophisticated US-origin networking, security, and encryption equipment for Iranian customers — including the Iranian regime’s nuclear and military establishment. Ghomi, 33, is a resident of Newport...