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India’s DPIIT eases FDI norms for countries sharing land border

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India’s DPIIT eases FDI norms for countries sharing land border



India’s Department for Promotion of Industry and Internal Trade (DPIIT) yesterday issued a notification easing foreign direct investment (FDI) norms, while keeping a close tab on the ownership structures of investing entities, especially from China and countries that share a land border with India.

Countries that share land borders with India are China, Bangladesh, Afghanistan, Nepal, Myanmar, Pakistan and Bhutan.

India has eased its FDI norms, while keeping a close tab on the ownership structures of investing entities, especially from China and countries that share a land border with India.
Such entities holding up to 10 per cent non-controlling stakes under the ‘automatic route’, or without government approval, are allowed to invest, subject to sectoral caps, but receiving firms will have to report details.

Entities from such countries holding up to 10 per cent non-controlling stakes under the ‘automatic route’, or without government approval, are allowed to invest, subject to sectoral caps, but companies receiving the investment will have to report details to the industry department, according to DPIIT’s Press Note 2 (2026).

However, government approval for inbound investment will also be needed if an Indian company with existing foreign investment goes through transfer of ownership in the future and the new beneficial owner is from a land border country, including China.

‘Beneficial owner’ has also been defined as an entity that controls the investment in line with the Prevention of Money Laundering Act (PMLA).

Modifications were made in Press Note 3 (2020) introduced to prevent opportunistic takeovers of Indian companies during the pandemic. The note then said an investor from a land border country could go only through the government approval route.

The changes will come into effect from the date of the Foreign Exchange Management Act (FEMA) notification.

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Turkiye’s RMG exports down 2% YoY in Feb 2026

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Turkiye’s RMG exports down 2% YoY in Feb 2026



Turkiye’s exports increased by 1.6 per cent year on year (YoY) to $21.65 billion in February this year, with exports of chemicals and readymade garments (RMG) declining, Turkiye Exporters Assembly (TIM) chairman Mustafa Gultepe and Minister of Trade Omer Bolat announced recently.

In January-February 2026, cumulative exports reached $41.4 billion, while exports over the past twelve months totalled $272.8 billion.

“While 14 of our sectors increased their exports, 12 sectors experienced contraction,” Gultepe said in a release.

Turkiye’s exports increased by 1.6 per cent YoY to $21.65 billion in February, with exports of chemicals and RMG declining, Turkiye Exporters Assembly (TIM) chairman Mustafa Gultepe and Minister of Trade Omer Bolat announced recently.
RMG exports in February were worth $1.3 billion—a drop of 2 per cent YoY, while chemical exports were worth $2.3 billion—a decrease of 7 per cent YoY.

RMG exports in February were worth $1.3 billion—a drop of 2 per cent YoY, while chemical exports were worth $2.3 billion—a decrease of 7 per cent YoY.

The top five exporting provinces were Istanbul, Kocaeli, Bursa, Ankara and Izmir.

In February, 950 Turkish companies exported for the first time.

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Trump signs order to combat fraudulent ‘Made in America’ labels

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Trump signs order to combat fraudulent ‘Made in America’ labels



President Donald Trump recently signed an executive order aimed at combating fraudulent ‘Made in America’ labels by foreign manufacturers and sellers.

The order directs Federal Trade Commission (FTC) chairman to prioritise enforcement actions against sellers and manufacturers that falsely claim their products are made in America or make similar assertions in violation of existing law, the White House said in a factsheet.

President Donald Trump recently signed an executive order aimed at combating fraudulent ‘Made in America’ labels by foreign manufacturers and sellers.
The order directs Federal Trade Commission chairman to prioritise enforcement actions against ⁠sellers and manufacturers that falsely claim their products are made in America or make similar assertions in violation of existing law, the White House said.

It directs all agencies with country-of-origin labeling oversight, in consultation with the FTC chair, to consider new regulations and ensure consistent guidance.

The order also requires agencies overseeing government-wide acquisition contracts to periodically verify American-origin claims for products sold to the federal government, the factsheet said.

Violators should be referred to the Justice Department, it added.

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US trade probe seriously disrupts global economic, trade order: China

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US trade probe seriously disrupts global economic, trade order: China



Beijing today opposed the United States (US) decision to launch a Section 301 investigation into 60 economies, including China, saying it seriously disrupts the international economic and trade order.

The recent US investigation related to alleged failures to prohibit the import of goods produced via ‘forced labour’ followed another Section 301 probe initiated just a day earlier over the ‘overcapacity’ issue.

A statement from the Chinese Ministry of Commerce noted China has already lodged representations with the US side amid ongoing bilateral economic and trade consultations in Paris.

Beijing has opposed the US decision to launch a Section 301 investigation related to ‘forced labour’ into 60 economies, including China, saying it seriously disrupts the international economic and trade order.
A statement from the Chinese Ministry of Commerce noted China has already lodged representations with the US side amid ongoing bilateral economic and trade consultations in Paris.

“We urge the US side to immediately correct its wrongdoings, meet China halfway, adhere to the principle of mutual respect and equal consultation, and find a solution to the problem through dialogue and consultation,” the statement said.

A ministry spokesperson refuted the US allegations, saying Washington has long manipulated the ‘forced labour’ issue and imposed a series of trade restrictions on China based on fabricated allegations, according to a state-controlled news agency.

While China has ratified 28 international labour conventions and established a comprehensive system of labour laws and regulations to prevent and combat forced labour, the US has not yet ratified the Forced Labour Convention, 1930, thus rejecting binding international rules, the spokesperson noted.

The latest US move to erect trade barriers is “unilateral, arbitrary and discriminatory” in nature, and is “a typical act of protectionism”, the spokesperson added.

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