A meeting of the council of ministers on Tuesday evening decided to remove restrictions on the import of luxurious vehicles, mobile phones, liquors, and motorcycles.
During a meeting for reviewing various matters and initiatives related to the Office of Controller General of Patents Designs and Trademarks (CGPDTM) in New Delhi on Wednesday late night, Commerce Minister Piyush Goyal reiterated the importance of efforts being made to strengthen the IP regime in the country.
The commerce minister was speaking at a function organised by a media house in New Delhi on Saturday evening. Piyush Goyal said, "The government gives top priority to the interests of India while entering into FTAs (free trade agreements) with countries. India doesn't enter into agreements just for the sake of doing it but only after extensive consultations with all the stakeholders and in-depth brainstorming covering all the issues."
He said nowhere else in India is work being completed at the rate that it is being done in Uttar Pradesh today. Yogi Adityanath is today working as a 'symbol of development'.
During the forum, which was jointly chaired by Piyush Goyal and US Secretary of Commerce Gina Raimondo, India's commerce minister reiterated the importance of such dialogues in leveraging this momentum.
The Minister exhorted the export promotion bodies to give an active push to exports and maintain the momentum of healthy growth recorded in the previous year.
These guidelines informed the chief executive officers and managing directors of the mills via a statement that the government decided to allow export of sugar up to reasonable limit till October 31, 2023. In this regard, the government has decided to allocate sugar mill-wise export quota of 6 million tonne for the export of 2022-23.
Meeting was held on Tuesday to discuss the status of ratification of IndAus ECTA, its early implementation and to deliberate upon way forward for a comprehensive IndAus ECTA, an official statement said.
India and the UK bilateral free trade agreement (FTA) deal is on track despite UK PM Liz Truss' resignation, according to Union Commerce Minister Piyush Goyal.