Commerce Ministry

Senior officials from the Commerce Ministry discussed tobacco farmers' issues with the Andhra CM, focusing on three proposals: interest-free working capital loans, incentives, and price deficit compensation.

China added 14 European entities to an export control list, restricting dual-use item exports in response to EU sanctions against 14 Chinese companies linked to Russia. The measures target entities including Czech Tatra Trucks, Italian Lafert SpA, German Sindlhauser Materials GmbH, and French Cavok UAS.

Pakistan has invited Samsung to establish a regional hub for manufacturing, refurbishing, and exporting mobile phones, with the government pledging support to boost exports and industrial production. Samsung highlighted concerns about tariff structures and commercial imports of used devices undermining local manufacturing.

China indicated the U.S. could restore Hong Kong's preferential trade privileges after the U.S. confirmed it will not renew an executive order revoking the city's special trading status. The U.S. Office of Foreign Assets Control stated the national emergency linked to the order has expired, delisting some individuals but adding others to a different sanction list.

China indicated the U.S. could restore Hong Kong's preferential trade privileges after confirming the U.S. will not renew an executive order revoking the city's special status. The U.S. removed Hong Kong leader John Lee and former leader Carrie Lam from one sanctions list but added them to another, while the decision follows trade talks and may ease U.S.-China tensions.

China indicated the U.S. could restore Hong Kong's preferential trade privileges after confirming the U.S. will not renew an executive order revoking the city's special status. The U.S. removed some sanctions on Hong Kong officials but added them to a different list, signaling a policy shift amid ongoing trade discussions.

Goyal is set to visit Spain, Belgium, and Finland this week with a delegation of leading Indian companies spanning sectors like advanced manufacturing, clean energy, digital technologies, and healthcare. The visit aims to strengthen trade and investment ties, as highlighted by the Commerce Ministry.

The Commerce Ministry is organizing a stakeholders' meeting on June 30 to address issues related to harmonizing export promotion schemes and SEZ reforms, as stated by an official.

India has initiated an anti-dumping probe against three Chinese products following four applications submitted by domestic firms to the Commerce Ministry's Directorate General of Trade Remedies.

China imposed export restrictions on 10 U.S. military-related companies and prohibited government purchases from 46 others in response to U.S. sanctions against Chinese tech firms. The U.S. Defense Department had added companies like Alibaba and Baidu to a list of entities allegedly linked to the Chinese military, prompting China's retaliatory measures.

China sanctioned 10 U.S. defense companies, restricting exports of dual-use items in response to U.S. sanctions against Chinese tech firms. The move follows the U.S. Defense Department adding Alibaba, Baidu, and others to a list of companies alleged to have military ties.

China imposed export restrictions on 10 U.S. military-related companies in response to U.S. sanctions against Chinese tech firms, blocking dual-use goods. The U.S. Defense Department had added companies like Alibaba and Baidu to a list of firms with alleged Chinese military ties, prompting China to retaliate with bans on American defense contractors and suppliers.

Panama's president has established a government task force to determine the future of the closed Cobre Panamá copper mine. The task force, led by the Commerce Ministry, includes the finance and environment ministers. The mine, operated by Canada’s First Quantum, was shut down by a Supreme Court ruling.