Major Focus on Development of E-commerce Hubs - First 100 days of New Govt #ecommerce #export

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Hello Friends,
This is Keval Shah from Afleo Group, in this episode we will be covering the most important updates and insights you need to know from period May 1st to May 6th, 2024,

1. General News in Exim Industry:
• Celebrating 2 years of the India UAE Free Trade Agreement and the remarkable 16% year-on-year increase in bilateral trade.
• Insights from a GTRI report highlighting India's growing import from China and its implications.
• Exciting developments such as India-Nigeria's agreement on local currency settlement and the focus on developing E-commerce hubs to boost exports.

2. DGFT & CBIC Important Notifications:
• Key notifications from DGFT and CBIC, including changes in export policies, clarification on penalties, and updates on India Korea CEPA.

3. News related to International Logistics:
• The challenges of port congestion impacting India's trade and shipping lines' response to vessel rollovers.

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