Iraq
(Source : Consulate General of India, Erbil)
Bilateral Trade - There is no separate data available for bilateral trade between India and the Kurdistan Region. The data from Ministry of Commerce and Industry of the Government of India for bilateral trade between India and Iraq, including Kurdistan Region, is as under -
|
Year
|
India`s Export to Iraq
in US$ million
|
India`s imports from Iraq
in US$ million
|
Total
|
|
2014-15
|
829.32
|
14,247.66
|
15,076.98
|
|
2015-16
|
1,004.39
|
10,837.58
|
11,841.97
|
|
2016-17 (Apr.2016- March 2017)
|
1,115.50
|
11,702.07
|
12,817.57
|
(Source : Ministry of Commerce & Industry, Government of India)
Saudi Arabia
(Source : Embassy of India, Riyadh)
Market access:
Alerts on SPS/TBT notifications, import procedures, export restrictions put in place; change in trade policy (updated from 2012):
|
Sl.
|
Notification no. and date
|
Details
|
Effective from
|
|
1.
|
Ref/No. FV/Pesticide Residue date 05.05.12 - APEDA issued an advisory to Indian exporters of vegetables to comply with the circular of SFDA for maximum residue limit (MRL) of pesticide in fresh and processed food. The details of which are given on APEDA website at:
http://apeda.gov.in/apedawebiste/Announcements/Saudi_Arabia.pdf
|
Saudi Authorities informed non-conformity to Sanitary and pytosanitary (SPS), MRLs terms and conditions in exports from India
|
Saudi Authorities intimated that recurrence of such failures may lead to ban on export of such items from India.
|
|
2.
|
Saudi Arabia issued a notification imposing temporary ban on import of pepper from India due to evidence of pesticide remnant contamination in pepper shipments from India.
|
Note Verbale No. 11/2/21/200248 dated 13.5.2014.
|
30.05.2014
The ban has since been lifted with effect from 07.01.2016.
|
|
3.
|
The Mission received another Note Verbal conveying observation about violation of approved standards in the consignment of meat from India. The same was forwarded to the concerned authorities in India. APEDA and Indian exporters reported increased rejection of Indian consignments of meat at Jeddah port.
|
Note Verbale No. 11/2/2/43045 dated 11.11.2015
Meat products
|
This may serve as a potential warning.
|
|
4.
|
Saudi Food and Drug Authority informed APEDA about detection of E.Coli and Salmonella in samples of some Indian exporters and put a temporary ban on import of frozen Halal Buffalo Meat from them asking APEDA to carry out investigations, take corrective measures. Mission took up the matter with SFDA through diplomatic channel. Mission officials also met SFDA authorities and sent an update to APEDA and others.
|
Note Verbale No. 7/3/108878 dated 28.12.2016
Frozen Halal Buffalo Meat
|
Since October 2016
|
|
5.
|
NV No. 7/3/67289 dated 23.11.2016 received from Saudi authorities conveying about the temporary ban imposed on import of live birds, hatching eggs and chicks from India based on OIE alerts regarding outbreak of highly pathogenic Avian influenza in India. It was immediately brought to the notice of all the concerned authorities in India.
|
Live birds, hatching eggs and chicks
|
Informed in the last week of November 2016
|
|
6.
|
The Mission received a message of Export Inspection Council of India (EIC) about temporary suspension of import of fresh, chilled and frozen shrimps from India on account of presence of WSSV & YHV. The Mission has taken up the matter with SFDA through diplomatic channel.
|
Fresh, chilled and frozen shrimps
|
Information received in the month of January 2017.
|
Venezuela
(Source : Embassy of India, Caracas)
(i) Bilateral Trade
|
|
Export by Venezuela
|
Import by Venezuela
|
Total
|
Growth % of Export
|
Growth % of Import
|
|
Venezuela’s
Trade with India
(2016-2017)
|
US $
5512.06
million
|
US$
62.23
million
|
US$
5574.29
million
|
-52.37%
|
-3.33%
|
|
Venezuela’s Total Global Trade
(2015) #
|
US$
30.56
billion
|
US$
31.56
billion
|
US$
62.12
billion
|
-45.48%
|
-27.01%
|
Source: Export Import Data Bank, Department of Commerce, Ministry of Commerce & Industry, Government of India and Export Import Data Bank, National Institute of Statistics (INE); Market Analysis and Research, International Trade Centre (ITC) Trade Map.
# PDVSA has not published any Data after 2014. The value of exports of Oil has been derived by multiplying the available information regarding Venezuela’s oil production of 2.654.000 bpd & the average oil price of US $44.65 during 2015, and another available information that it exported 64.16% of its oil production.
(ii) Top 10 items of Venezuela Imports from India
(US$ million)
|
S.No.
|
Commodity
|
2016-17
|
Percentage
Growth (%)
|
% share in total Import
|
|
1
|
Pharmaceutical Products
|
24.55
|
-66.45%
|
39.45%
|
|
2
|
Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof.
|
11.01
|
-24.47%
|
17.69%
|
|
3
|
Cotton.
|
3.11
|
-52.77%
|
5.00%
|
|
4
|
Articles Of Apparel And Clothing Accessories, Knitted Or Corcheted.
|
2.78
|
-30.31%
|
4.47%
|
|
5
|
Articles Of Iron Or Steel
|
2.24
|
56.55%
|
3.60%
|
|
6
|
Man-Made Staple Fibres.
|
1.91
|
-48.23%
|
3.07%
|
|
7
|
Organic Chemicals
|
1.75
|
-48.49%
|
2.81%
|
|
8
|
Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers, And Parts.
|
1.21
|
-74.67%
|
1.94%
|
|
9
|
Vehicles Other Than Railway or Tramway Rolling Stock, And Parts And Accessories Thereof.
|
1.18
|
872.17%
|
1.90%
|
|
10
|
Optical, Photographic Cinematographic Measuring, Checking Precision, Medical or Surgical Inst. And Apparatus Parts and Accessories Thereof;
|
1.02
|
-46.73%
|
1.64%
|
Source: Export Import Data Bank, Department of Commerce, Ministry of Commerce & Industry, Government of India.
Important India related statements of commercial significance by political leaders, think tanks, chambers, associations etc:
Venezuela oil flow to India may be hit: Venezuela’s Ambassador to India Augusto Montiel accused US of trying to de stabilize his country on the lines of what it did in Iraq. He also hinted that if President Maduro was toppled, Western multinational companies would see to it that petroleum from the oil-rich country would stop flowing to India. Currently, he said, Venezuela is the fourth-largest supplier of oil to India. Referring to the large flow of oil from Venezuela to India, the Ambassador said President Maduro was totally supportive of it, with oil reserves being under government control. But he cautioned that if the President was toppled, the oil reserves could come under the control of powerful foreign companies who may cut the oil supply to India.