India’s cotton production and exports are experiencing decline and continued uncertainty, subsequently casting a shadow on the textile industry as well. On June 10, the Cotton Association of India (CAI) raised the country’s cotton output to 311.18 lac for the year 2022-23. The previous estimates of the trade body had...
The Corporate Sustainability Due Diligence Directive (CSDDD), the draft European Union (EU) regulation aims to foster sustainable & responsible corporate behaviour and restrain corporate abuses. Even as India is still discussing the Carbon Border Adjustment Mechanism (CBAM) and EU Deforestation Regulation (EUDR) in FTA talks with the EU, the due...
The European Union has recently introduced the European Union Deforestation-Free Products Regulation (EUDR). The regulation will have an impact on approximately 479 items that are exported by India, including products such as meat, leather hide, wood furniture, paper, and coffee. These exports are estimated to be worth around $1.3 billion...
With growing prominence of ESG regulations, companies will have to ensure that its business partners institute human rights, environmental and good governance policies in line with its compliance of due diligence. Indian exporters must keep a close eye on the emerging landscape of EU’s legislations in matters of safety &...
While discussing EU’s proposed Carbon Border Tax, Dr Saon Ray, Visiting Professor at ICRIER, feels that India must first understand and analyze the idea of the legislation, and its broader implications for various industries before expressing its opposition. Source: Shutterstock Climate change affects the daily lives of individuals as natural...
After an eight-year hiatus, India and the European Union have relaunched talks on trade and investment issues. The scope of India-EU partnership goes much beyond trade & commerce to cover digital, energy, transport and people-to-people connectivity. The European Union is India’s largest trading partner, while India is its tenth largest...
Ada Dyndo, Head of Foreign Trade Office in Mumbai, Polish Investment and Trade Agency (PAIH) talks about trade and investment opportunities between India and Poland. She emphasises that Poland is one of the most investment friendly countries in Central Europe with a highly developed ecosystem for startups. IBT: What is...
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