The US has reiterated that India maintains “high” import duties on a range of goods, including agricultural products, pharmaceuticals and alcoholic beverages, along with various non-tariff barriers. India has always maintained that its duties are in compliance with the rules of the World Trade Organisation (WTO). According to the US Trade Representative’s 2026 National Trade...Read More
Australia’s export credit agency has been tasked with underwriting imports of fuel and other strategic goods, as the conflict in the Middle East continues to pose a serious threat to supply of critical commodities. The Australian government has amended legislation giving Export Finance Australia (EFA) “new capabilities” aimed at giving fuel suppliers – including regional...Read More
A US-sanctioned vessel carrying Iranian crude oil from deep inside the Persian Gulf is now indicating it’s bound for India, in what could be the first such import in nearly seven years. The Ping Shun, an Aframax built in 2002 and sanctioned by the US in 2025, on Monday began signaling that it will reach...Read More
A Nuvama Equities report projects positive export growth for Indian OEMs despite Middle East issues. The auto sector is expected to see healthy sales in FY26-28, with double-digit growth anticipated for two-wheelers, PVs, and CVs in March 2026. India’s export growth shall remain positive for most OEMs despite a hit on Middle East exports and...Read More
Bangladesh is eyeing an additional $2 billion from multilateral partners, including the International Monetary Fund (IMF), to manage pressure on external payments amid increased emergency energy purchases caused by the US-Israel war on Iran, said the central bank governor yesterday. The disclosure comes as oil prices soar amid Iran’s effective closure of the Strait of...Read More
Index Yucatan presented the “Huella INDEX” initiative: a project aimed at highlighting the role of export-oriented manufacturing companies as one of the state’s economic drivers. The initiative seeks to raise awareness of the industrial ecosystem comprised of companies affiliated with the organization, which participate in global value chains by producing highly specialized components and manufactured...Read More
Brazil has eliminated import tariffs for almost a thousand IT, telecommunications, and medical equipment products, but has decided to keep taxes unchanged on GPUs, essential components for data centers and artificial intelligence. The decision was made by the Executive Management Committee of the Foreign Trade Chamber (Gecex-Camex), based on the understanding that the products covered...Read More
The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursals made till June 30, citing continuing logistical disruptions due to the ongoing West Asia crisis. The central bank had first introduced the measures in November 2025 amid the US tariff...Read More
The Cabinet Committee on Government Purchase (CCGP) on Tuesday approved several key procurement proposals including the import of a large consignment of MOP fertiliser from Russia and a cost variation for the rehabilitation of Kulaura-Shahbazpur railway section.
The meeting, chaired by Finance and Planning Minister Amir Khosru Mahmud Chowdhury, also rejected a cost variation...Read More
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