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The Commerce Department imposed low duties on Chinese solar makers, acknowledging an imbalance but offering less assistance to American makers than some anticipated.

China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

Alok Vardhan Chaturvedi (IAS), Additional Secretary in the Department of Commerce, Ministry of Commerce and Industry, has taken the additional charge of the Directorate General of Foreign Trade (DGFT), after Ajay Kumar Bhalla was assigned to the Ministry of Power on June 30.

The Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday welcomed the discussion paper that was recently brought out by DIPP (Department of Industrial Policy and Promotion) on National Manufacturing Policy.

Construction stocks made early gains after the Commerce Department announced the strongest show of new home starts in five years. A reversal late in the day signaled some investors think September's number may be just a fluke.

The Department of Commerce and the Customs department of India have via notification no- 49/2016-CUSTOMS dated 16th September 2016, notified of the new import policy for Marble & Travertine Blocks and Marble and Granite slabs that will come into effect from 1st October 2016. According to the new notification, the following changes have been made to the import licensing system for marble and travertine blocks.

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An online portal for facilitating trade between India and Iran was launched today by Dr. Inder Jit Singh, Additional Secretary, Department of Commerce in the presence of H.E. Gholamreza Ansari, Ambassador of Islamic Republic of Iran, Khaleel Rahim, CMD, STC, and other Directors of STC.

If we talk about Indonesia, it is one of the countries which is seeing a rise in its trade and commerce department. This country is counted among the top developing countries in the world and is in need of support for the indonesia export data of goods that they can't grow or manufacture on their own.

A 4-member delegation from the Govt. of UK consisting of senior officials from UK's Government Digital Service (GDS), led by Mr. Andy Beale, Chief Technology Officer, held a meeting with the Indian delegation led by Secretary, Department of Administrative Reforms and Public Grievances (DARPG), Shri C. Viswanath, on 26th September.

PUNE: A change in regulations on pesticide residue levels in grapes proposed by the European Union (EU) is likely to pose problems for the export of Indian grape to these countries in the coming season. Top officials of the Maximum Residue Level (MRL) Committee met in Pune, along with senior officials of the Union Commerce Department, APEDA at the National Research Centre for Grapes, has decided to approach the EU to file a say on behalf of Indian exporters, senior officials said. In 2010, Indian grape exports faced a setback, with EU reluctant to accept Indian table grape consignments as chlormequat chloride - a plant growth regulator - was detected in excess of the prescribed maximum residue level (MRL).