News
Solar trade battle rejoined as European firms call on Commission to lift Chinese panel import tariffs
12/08/2015
The long-running row over the EU's controversial decision to impose a Minimum Import Price (MIP) on Chinese solar panels coming into the bloc looks set to reignite, after a group of solar installers wrote to Trade Commissioner Cecilia Malmström urging the Commission to ditch its "anti-Chinese mindset".
India: Overhauling of Import and Export Policy
12/08/2015
In order to give a boost to India's exports and for diversification of Indian export markets and products, the Government has recently announced its Foreign Trade Policy (FTP) 2015-20, on 1.4.2015. The FTP 2015-20 also includes several measures to encourage domestic manufacturing under 'Make in India' mission of the government e.g. (i) Reduction in Export Obligation under EPCG scheme, in case capital goods are procured from indigenous manufacturers (from 90% earlier to 75% now), (ii) Higher level of rewards under Merchandise Exports from India Scheme (MEIS) for export items having high domestic content and value addition.
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