https://www.taxtmi.com/news?id=18527 Trade between India and Venezuela shows a persistent trade imbalance caused by India's import reliance on Venezuelan crude oil and falling global oil prices reducing trade value. Indian exports have declined due to Venezuela's financial crisis and foreign exchange controls that impede repatriation of income; India has sought resolution of outstanding payments with no response and is targeting export-competent products to strengthen exports. en-us Mon, 31 Jul 2017 18:31:45 +0530 Mon, 31 Jul 2017 18:31:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18527 Trade between India and Venezuela shows a persistent trade imbalance caused by India's import reliance on Venezuelan crude oil and falling global oil prices reducing trade value. Indian exports have declined due to Venezuela's financial crisis and foreign exchange controls that impede repatriation of income; India has sought resolution of outstanding payments with no response and is targeting export-competent products to strengthen exports. News - Mon, 31 Jul 2017 18:31:45 +0530 https://www.taxtmi.com/news?id=18527