NEW DELHI, India, Dec. 29 -- The Confederation of Indian Industry issued the following news release: The implementation of the Economic Cooperation and Trade Agreement (ECTA) between India and Australia has the potential to double bilateral trade in goods and services to USD 45 billion in five years, said the Confederation of Indian Industry (CII). Congratulating the Prime Ministers of the two countries for the quick conclusion of the agreement, CII noted that zero-duty access to Australia's ma  more

WASHINGTON, Dec. 26 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper on the managed trade and quantitative restrictions (No. IF11035) on Dec. 22, 2022, by Andres B. Schwarzenberg, international trade and finance analyst. Here are excerpts: * * * Managed Trade and Quantitative Restrictions: Issues for Congress Background Congress plays a prominent role in shaping U.S. trade policy, due in part to trade policy's impact on the overall health of the U.S. e  more

BANGALORE, India, Dec. 27 -- The Indian Institute of Science issued the following news release: The Group of 20, better known as G20, is an intergovernmental forum comprising 19 countries and the European Union. Consisting of both industrialised and developing countries, its main focus has been the governance of the global economy. Over the years, however, G20 has been working towards addressing other related global challenges as well, such as climate change mitigation and sustainable developme  more

WASHINGTON, Dec. 22 (TNSrep) -- The U.S. International Trade Commission issued the following fact sheet in October 2022: Here are excerpts: * * * Global Reliance on Chinese Manufacturing China's strict COVID policies have contributed to global supply disruptions and raised concerns over global reliance on Chinese manufacturing. This briefing examines the importance of Chinese manufacturing at global, country, sectoral, and product levels. It finds that, since 2002, China's share as the sourc  more

WASHINGTON, Dec. 22 (TNSrep) -- The U.S. International Trade Commission issued the following report (No. 5383) in November 2022 entitled "Certain Fabrics of Triacetate Filament Yarns: Effect of Modification to U.S.- Korea FTA Rules of Origin." Here are excerpts: * * * Table of Contents Acronyms and Abbreviations ... 3 Executive Summary ... 5 Impact of the Proposed Modification on Trade ... 6 Impact of the Proposed Modification on U.S. Producers ... 7 Chapter 1 Introduction ... 9 Backgr  more