India reveals issues over broadening trade deficit with South Korea|Mint – Mint

Sign In Subscribe Search My Readse-paper New Notifications Newsletters IFSC Code Finder New Web StoriesMintGenie For You Top Sections News Companies News Start-ups Company Results People Technology Gadgets Tech Reviews App News Foldable Smartphones 5G Tech Markets Stock Markets Commodities Mark To Market IPO Live Blog Money Personal Finance Q&A Opinion Photos Mutual Funds Mint 50 – Top Mutual Funds News Insurance Lounge Opinion Views Columns Blogs Budget 2022 Budget News Budget Expectations Budget Videos Opinion Auto News Sports Industry Banking Infotech Infrastructure Agriculture Manufacturing Energy Retail Videos India Investment Summit Annual Banking Conclave Mint Explainers Market Analysis Why Not Mint Money Business of Entertainment Long Story Capsule Mint Views Start-Up Diaries Money With Monika Mint Insight Digital Gurus Brand Masters Politics Education Impact Feature Brand Stories Podcast Explore Mint About UsMint Authors NewContact United States SITEMAP Terms of Use Subscriber – Terms of Use Cookie Policy Print Subscription Privacy Policy Disclaimer Mint Code of principles Mint Apps Copyright © HT Digital Streams Limited All rights scheduled. House/ News/ India reveals issues over broadening trade deficit with South Korea 2 minutes read. Upgraded: 04 Nov 2022, 09: 28 PM IST Saurav Anand Premium India worried the requirement for fast-tracking the upgradation procedure of the Comprehensive Economic Partnership Agreement (CEPA) with South Korea (orfonline.org) India revealed concern over the growing trade deficit with South Korea and stressed the requirement for the Comprehensive Economic Partnership Agreement (CEPA) with South Korea to be updated rapidly NEW DELHI: Expressing issues over broadening trade deficit with South Korea, India worried the requirement for fast-tracking the upgradation procedure of the Comprehensive Economic Partnership Agreement (CEPA) with South Korea, the Ministry of Commerce & Industry stated in a declaration. “India raised severe issues on the growing trade deficit in between the 2 nations and gone over market gain access to problems. Both sides consented to work carefully to attend to tariff and non-tariff barriers and deepen the relationship in the services sector,” the ministry stated. The 9th round of India-Republic of Korea (ROK) Comprehensive Economic Partnership Agreement (CEPA) up-gradation settlement was kept in Seoul from 3-4 November2022 The 2 sides highlighted the requirement to have settlements, which are based upon win-win technique, are forward looking and result oriented. Both sides shared the hope that the CEPA upgradation settlements would play a crucial function in enhancing and deepening financial cooperation in between both nations. “Sub groups on sell products, services, guidelines of origin, financial investment, SPS/TBT concerns held extensive conversations,” it stated. They likewise shared a typical view that both sides ought to make utmost efforts to speed up settlements in order to reach an equally useful and acceptable result throughout 2023, while remembering of the value of the upcoming 50 th anniversary of diplomatic relations in between the 2 nations. The Chief Negotiators likewise shared the view that both sides ought to promote favorable trade environment to make it possible for both sides to completely make use of advantages under the CEPA. It was concurred that the 10 th round of CEPA upgradation settlements will be hosted by India in early2023 The Indian delegation was led by Chief Negotiator Anant Swarup, Joint Secretary, Department of Commerce, Government of India, while the Korean side was led by their Chief Negotiator Yang Ghi-Wuk, Director General, Ministry of Trade, Industry and Energy (MOTIE), Government of the Republic of Korea. CEPA was signed in between the 2 nations in August 2009 and ended up being functional on January2010 Capture all business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. More Less Wait for it … Log in to our site to conserve your bookmarks. It’ll simply take a minute. Yes, Continue You are simply one action far from developing your watchlist! Login Now Wait for it … Oops! Appears like you have actually surpassed the limitation to bookmark the image. Get rid of some to bookmark this image. ×
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