Latest news with #NationalConferenceofTradeLeaders
Hans India
17-05-2025
- Business
- Hans India
125 merchants vow to boycott trade with Turkey, Azerbaijan
New Delhi: More than 125 top trade leaders from across the country on Friday resolved to boycott all forms of trade and commercial engagement with Turkey and Azerbaijan, including travel and tourism. The trade leaders also appealed to the Indian film Industry not to undertake shooting of any film in Turkey or Azerbaijan and if any shooting is done, the business community and the people would boycott such films. The resolution also warns corporate houses not to shoot any product promotion film in Turkey or Azerbaijan. The decision was taken at a National Conference of Trade Leaders convened by the Confederation of All India Traders (CAIT) here, where representatives from 24 states participated. It was strongly affirmed in the conference to stand in solidarity with Prime Minister Narendra Modi and to oppose stoutly anyone against India at this crucial juncture. The resolution comes in response to the recent stand taken by Turkey and Azerbaijan in open support of Pakistan, at a time when India is facing a sensitive and critical national security situation. The collective Indian trading community views this as a betrayal, particularly considering the humanitarian and diplomatic support extended to both these countries in the past by India. Addressing the gathering, CAIT Secretary General and Member of Parliament Praveen Khandelwal said: 'It is deeply unfortunate that Turkey and Azerbaijan, who have benefited from India's goodwill, aid, and strategic support in times of distress, have now chosen to side with Pakistan — a country known globally for its support to terrorism. Their position not only hurts India's sovereignty and national interest but also directly insults the sentiments of 140 crore Indians.' The conference noted that Turkey's repeated anti-India rhetoric at international platforms and its continued support for Pakistan's narrative is unacceptable whereas Azerbaijan's alignment with Turkey and public endorsements of Pakistan's stand reflect a disturbing disregard for India's long-standing friendship and assistance.
Indian Express
17-05-2025
- Business
- Indian Express
Indian trade body CAIT to boycott Turkey, Azerbaijan; urges film industry to restrict shoots in the 2 countries
Traders' body, Confederation of All India Traders (CAIT), on Friday announced that it would boycott all trade and commercial activities with Turkey and Azerbaijan amidst increasing tensions with the two countries over their support to Pakistan in the India-Pakistan hostilities. The decision was taken by 125 trade leaders from across the country at the National Conference of Trade Leaders, convened by BJP MP Praveen Khandelwal-led CAIT. Apart from resolving to stop all imports and exports to the two countries, CAIT also appealed to the Indian film industry and corporate houses not to shoot films or any product promotion films in Turkey and Azerbaijan and asked travel companies to cancel travel plans to the two countries. 'A memorandum will be submitted to the Ministry of Commerce and Industry and Ministry of External Affairs urging policy-level review of all commercial ties with these nations,' a statement from CAIT said. 'It is deeply unfortunate that Turkey and Azerbaijan, who have benefited from India's goodwill, aid, and strategic support in times of distress, have now chosen to side with Pakistan — a country known globally for its support to terrorism. Their position not only hurts India's sovereignty and national interest but also directly insults the sentiments of 140 crore Indians,' Khandelwal said. India's exports to Turkey in 2024-25 were valued at $5.72 billion, which amounts to 1.3 per cent of India's total exports, according to the government's Niryat portal. On the other hand, India imported shipments worth only $ 2.84 billion from April 2024 to February 2025 (March 2025 data was not available on the Commerce Ministry website), thus running a trade surplus with the Middle-East country. India exported goods and services worth $ 93.97 million to Azerbaijan in 2024-25, which is 0.02 per cent of India's total exports. India imports from Azerbaijan were worth only $ 1.93 million in 2024-25 (till January 2025), thus running a massive trade surplus with it too. The announcement comes in the wake of Jawaharlal Nehru University and Jamia Millia Islamia snapping their ties with Turkish institutions and travel companies Ixigo and Easemytrip suspending all bookings to the countries and discouraging travellers to travel there unless for essential purposes. India's aviation security regulator Bureau of Civil Aviation Security (BCAS) on Thursday revoked the security clearance of an Indian arm—Çelebi Airport Services India—of Istanbul-headquartered Çelebi Aviation Holding on grounds related to 'national security'. Devansh Mittal is a trainee correspondent with The Indian Express. He studied political science at Ashoka University. He can be reached at ... Read More
Time of India
16-05-2025
- Business
- Time of India
CAIT announces trade boycott of Turkey and Azerbaijan over support to Pakistan
The Confederation of All India Traders (CAIT) on Friday declared a nationwide boycott of all trade and commercial relations with Turkey and Azerbaijan, citing their recent expressions of support for Pakistan following India's Operation Sindoor. As part of the move, CAIT stated that traders across the country will cease imports from the two countries and that Indian exporters, importers, and business delegations will be discouraged from engaging with any companies or institutions based in Turkey or Azerbaijan, as reported PTI. The decision was taken during a National Conference of Trade Leaders convened by CAIT in New Delhi, with participation from trade representatives across 24 states. In addition, CAIT announced that the Indian business community will boycott Indian films shot in Turkey and Azerbaijan and warned corporate entities against conducting product promotions or ad shoots in either nation. The traders' body said a memorandum will be submitted to the Ministry of Commerce and Industry and the Ministry of External Affairs, urging a policy-level review of all commercial ties with both countries. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ótimas notícias para os cidadãos brasileiros! Leia mais Undo "The resolution comes in response to the recent stand taken by Turkey and Azerbaijan in open support of Pakistan, at a time when India is facing a sensitive and critical national security situation. The collective Indian trading community views this as a betrayal, particularly considering the humanitarian and diplomatic support extended to both countries in the past by India and especially by Prime Minister Narendra Modi, during their respective crises," CAIT said in a statement. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
&w=3840&q=100)
First Post
16-05-2025
- Business
- First Post
From apples to marbles & jewellery, Indian traders call for full boycott of Turkey, Azerbaijan over pro-Pakistan stance
In a decisive move reflecting growing national sentiment, Indian traders announced on Friday a complete boycott of Türkiye and Azerbaijan, citing the two countries' support for Pakistan during the recent military conflict with India. read more The growing social media movement to ' Boycott Turkey ' is having a tangible impact on Indian businesses with a surge in travel cancellations and backlash against Turkish imports such as apples, jewellery and marble. The campaign stems from Ankara's vocal support for Pakistan and its criticism of India's recent cross-border military strikes under 'Operation Sindoor'. Tensions escalated after it emerged that Pakistan had deployed Turkish drones extensively during its military confrontation with India. In a strong response, over 125 leading Indian trade representatives have pledged to sever all commercial ties with Turkey and Azerbaijan including suspending travel and tourism activities. STORY CONTINUES BELOW THIS AD The trade also appealed Indian film industry not to undertake shooting of any film in Turkey & Azerbaijan and if any shooting is done, the business community and the people will boycott such a film. The resolution also warns corporate houses not to shoot any product promotion film in Turkey & Azerbaijan. The decision was taken at a National Conference of Trade Leaders convened by the *Confederation of All India Traders (CAIT) in New Delhi, where representatives from 24 states participated. CAIT Secretary General and Member of Parliament Praveen Khandelwal said 'It is deeply unfortunate that Turkey and Azerbaijan, who have benefited from India's goodwill, aid and strategic support in times of distress, have now chosen to side with Pakistan — a country known globally for its support to terrorism. Their position not only hurts India's sovereignty and national interest but also directly insults the sentiments of 140 crore Indians.' The conference noted that Turkey's repeated anti-India rhetoric at international platforms and its continued support for Pakistan's narrative are unacceptable, whereas Azerbaijan's alignment with Turkey and public endorsements of Pakistan's stand reflect a disturbing disregard for India's long-standing friendship and assistance. CAIT National President B C Bhartia said the traders' community expressed strong resentment and disappointment against both countries, calling their actions 'ungrateful and hostile.' *It was unanimously agreed that such nations do not deserve any economic cooperation or trade advantage from India. The trade leaders acclaimed the decision of the Government for revoking security clearance for Celebi Ground Handling India Private Limited ', a Turkish company, in the interest of national security, which is handling services at nine major airports of India. STORY CONTINUES BELOW THIS AD Among the key decisions taken at the meeting was a move to cease all trade with Turkey and Azerbaijan. Traders across India will stop importing goods from these two countries and halt the export of Indian products to them. Indian exporters, importers\ and business delegations will also be discouraged from pursuing any new trade agreements or establishing business ties with Turkish and Azerbaijani entities. Travel agencies and event planners will be urged not to promote either country as a destination for tourism or business. In addition, a memorandum will be submitted to the Ministry of Commerce and Industry and the Ministry of External Affairs, calling for a policy-level review of all existing commercial relations with Turkey and Azerbaijan. On Indian traders and businessmen boycotting Turkish apples after Turkey supports Pakistan amid tensions, Delhi Chief Minister Rekha Gupta said, 'This is good. If any country gets involved in any way against India, the people of India will boycott it in every possible way. I truly commend all these traders; this is their real patriotism. India stands united.' STORY CONTINUES BELOW THIS AD VIDEO | On Indian traders and businessmen boycotting Turkish apples after Turkey's support for Pakistan amid tensions, Delhi Chief Minister Rekha Gupta (@gupta_rekha) says, "This is good. If any country gets involved in any way against India, the people of India will boycott it… — Press Trust of India (@PTI_News) May 16, 2025 Meanwhile, jewellers in Lucknow have decided to boycott the purchase, sale, and display of Turkish-design jewellery and other jewellery items imported from Turkiye. From topping the sales chart on Akshay Tritiya to eventually facing a complete boycott from jewellers, Turkish jewellery items will now have no more takers, jewellers believe. STORY CONTINUES BELOW THIS AD 'On the Akshay Tritiya, which was celebrated recently, the maximum demand was for Turkish jewellery. Now, after Turkey's active support to Pakistan during Operation Sindoor, we have decided not to import any more Turkish jewellery items. A decision in this regard was taken on Wednesday,' Aadish Jain, vice-president of Chowk Sarafa Association, Lucknow told PTI. Turkish apples are off the shelves in Alwar's fruit markets as traders in Rajasthan joined the chorus to boycott products from Turkey after it backed Pakistan during India's military strikes on terror camps in the neighbouring country. Earlier, marble traders in Ajmer had refused to import stones from Turkey. The Fruit Mandi Union in Alwar has declared a complete halt on the sale of apples imported from Turkey. Traders said the decision reflects public sentiment and is aimed at hurting Turkey's economic interests. 'More than 15 tonnes of Turkish apples arrive in Rajasthan every day between March and June,' said Saurabh Kalra, General Secretary of the Fruit Mandi Union. STORY CONTINUES BELOW THIS AD He said 'Due to Turkey's stand against India, we've decided to stop selling them. This is not just a market decision, it's a message. 'Posters calling for a 'Boycott of Turkish apples' will be put up in shops starting Friday. An awareness drive will also be launched to ensure no Turkish apples are sold in the market. 'If any trader is found selling them, it will be treated as an act against national interest,' Kalra added. Pakistan also used Turkish drones on a large scale during the conflict. While India's trade ties with both countries have already come under scrutiny, multiple educational institutions, including Jawaharlal Nehru University (JNU), have either suspended their collaboration with Turkish universities or are considering it. With inputs from agencies
&w=3840&q=100)
Business Standard
16-05-2025
- Business
- Business Standard
CAIT calls for boycott of Turkiye, Azerbaijan over 'support' to Pakistan
Traders' lobby CAIT on Friday decided to boycott all trade and commercial engagement with Turkiye and Azerbaijan, citing their recent "support" for Pakistan in the wake of Operation Sindoor. According to CAIT, the decision includes a nationwide boycott of Turkish and Azerbaijani goods, with traders across India halting imports from these countries. The association also stated that Indian exporters, importers, and business delegations will be discouraged from any engagement with companies or institutions based in Turkiye and Azerbaijan. The traders' lobby shared that a memorandum will be submitted to the ministry of commerce and industry and the ministry of external affairs, urging policy-level review of all commercial ties with these nations. The Confederation of All India Traders (CAIT) has also declared that the business community will boycott Indian films shot in Turkey and Azerbaijan. It also warned corporate houses against filming any product promotions in these two countries. The decisions were taken at a National Conference of Trade Leaders convened by CAIT here, where representatives from around 24 states participated. "The resolution comes in response to the recent stand taken by Turkey and Azerbaijan in open support of Pakistan, at a time when India is facing a sensitive and critical national security situation. "The collective Indian trading community views this as a betrayal, particularly considering the humanitarian and diplomatic support extended to both countries in the past by India and especially by Prime Minister Narendra Modi, during their respective crises," CAIT said in a statement.
