Tag Archives: indian economy
Because of the high cost of cotton textile industry over Indian manufacturers, which is very distressed overseas customers. The Indian textile industry, the export of products which is 20 billion dollars a year, refuses to take orders for the manufacture of cotton products. Overseas customers enjoy a wide spectrum of services to the Indian textile industry, // where the main raw material is cotton. But now the Indian producers of cotton production refuse to take orders at fixed prices from … Continue reading
In early February, in India, became known to the preliminary data on exports for January 2009. They made a bombshell. Although at the beginning of the year is traditionally reduced the volume of foreign sales, no one expected that exports will fall by 22% – nearly a quarter! Among the export sectors of Indian economy, which fall in demand in foreign markets face the most serious consequences – and light industry. Available for export about 60% of the total industry … Continue reading
The basis of economic relations between the EU and India are the following contracts and agreements: • Agreement on Partnership and Development 1994 (Cooperation Agreement Between the European Union and the Republic of India on Partnership and Development) introducing MFN. Simultaneously with the above agreement, signed a Joint Political Statement, which is the institutional basis for political dialogue the EU-India. • Agreement Between the European Economic Community and the Republic of India on sugar cane in 1975 defining the import … Continue reading
