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India-EU trade links: Stronger the better
May 20, 2013

India-EU trade links: Stronger the better

The hurried sense of negotiations taking place between the EU and India is becoming a cause of worry. The Indian government should tread cautiously so as to safeguard the domestic concerns and public interests at large. If structured well, the FTA can push up India's growth for the next decade.

India-EU Trade Talks: Need a full FTA, not 'early harvest'
Jul 14, 2022

India-EU Trade Talks: Need a full FTA, not 'early harvest'

Political interest in the deal is high, but bureaucratic hurdles won’t be easy to jump over

India-Kazakhstan conference recommends increasing trade ties
Dec 18, 2008

India-Kazakhstan conference recommends increasing trade ties

Experts identified trade in hydrocarbons and uranium as the two important cogs of bilateral energy cooperation

India-US Defence Trade Continuity Under Trump
May 12, 2023

India-US Defence Trade Continuity Under Trump

This brief explores the factors informing the Donald Trump administration’s continuity on the US’s defence trade with India. The administration’s impetus to maintain US-India defence trade stems from factors like the ‘reverse revolving door’ policy that has increased the influence of US defence contractors, its ‘Buy American’ policy to boost US arms exports, and defence trade being construed as an incremental means to correct the bi

India’s Trade Recalibrations in the Age of Uncertainty
Mar 29, 2025

India’s Trade Recalibrations in the Age of Uncertainty

In the Trump 2.0 era, India’s pivot toward bilateral trade deals with trusted Western economies has become a necessity rather than a choice.

Interpreting May’s big gamble: After Brexit, UK-India trade ties can improve
May 04, 2017

Interpreting May’s big gamble: After Brexit, UK-India trade ties can improve

After Brexit, UK-India trade ties can improve; Theresa May feting British Indians with an eye on polls.

Lessons from transboundary waste trade: Why India should focus on the judicious use of its own waste
Aug 23, 2018

Lessons from transboundary waste trade: Why India should focus on the judicious use of its own waste

This paper examines two types of waste on which India can explore transboundary waste-trade opportunities and challenges: farm-produce waste and municipal solid waste. Using lessons learnt from trade between other countries, the paper argues that while India can augment its economy through increased waste exports or imports, certain conditions must be met for India to benefit from sustained international waste trade practices. The paper recommend

MARITIME TRADE AND SECURITY: STRIKING THE RIGHT BALANCE
Jan 11, 2007

MARITIME TRADE AND SECURITY: STRIKING THE RIGHT BALANCE

As part of the Maritime Security Programme which was launched by then Chief of the Naval Staff Admiral Arun Prakash on 19th May 2006 at ORF Chennai, Observer Research Foundation, the National Maritime Foundation and the College of Naval Warfare, ORF Mumbai joined hands to conduct an International seminar at ORF Mumbai on 11th and 12th January 2007.

Modi was right. India isn’t ready for free trade
Nov 20, 2019

Modi was right. India isn’t ready for free trade

Until the country can address its own economic problems, agreements like the RCEP may do more harm than good.

Myanmar: Trade with India rising; much more needs to be done
Feb 20, 2015

Myanmar: Trade with India rising; much more needs to be done

Myanmar's bilateral engagement with India in trade has gained momentum since 2008 when political and economic reforms were launched in the former 'pariah' state. India-Myanmar trade has more than doubled in the last seven years and has crossed $2 billion in 2013-14,

Nepal: Trade ties with India recharged
Jan 10, 2014

Nepal: Trade ties with India recharged

The year 2013 ended on a note of strengthened confidence between Nepal and India. On 21-22 December 2013, the Inter-governmental Committee Meeting on Trade, Transit and Cooperation to Control Authorised Trade, between the two countries was held in Kathmandu.

New foreign trade policy: Going for the big push
Apr 03, 2015

New foreign trade policy: Going for the big push

After a long delay, the government has finally announced the much awaited new foreign trade policy, with thrust export promotion, reducing trade transactions costs, e-commerce, services exports and ease of doing business. It is a welcome relief to see that economic reforms on the trade front are back on track and in full swing.

New trade war in the East
Aug 09, 2019

New trade war in the East

With the South Korea-Japan spat escalating, it is unlikely that the US can play a mediatory role. The fallout of such dispute will affect the world economy

Oil trade helps fuel peace engagements
Jul 26, 2012

Oil trade helps fuel peace engagements

Though India and Pakistan have been working on improving bilateral trade, the recent meeting of Experts' Group on Trade in Petroleum and Petrochemical Products come in the wake of the ongoing energy crisis in Pakistan.

On the verge of a US-China trade war
Apr 07, 2018

On the verge of a US-China trade war

The latest round of Trump tariffs got a tough response from Beijing. Chinese authorities declared that they would fight back against US plans at any cost.

Purpose, Platform, and Power: Advancing Trade Under India’s G20 Presidency
Dec 14, 2022

Purpose, Platform, and Power: Advancing Trade Under India’s G20 Presidency

As India assumes the G20 presidency, it has the opportunity to further the cause of mutually beneficial, rules-based international trade at a time when the world is facing a series of multiple and overlapping political and economic crises. This paper opens by describing a confluence of factors that together open a window of opportunity for India’s presidency to advance pragmatic engagement on trade, specifically in shoring up the multilateral t

Quality rules in India: Trade, technical regulations and consumer protection
Aug 21, 2023

Quality rules in India: Trade, technical regulations and consumer protection

India’s competitiveness in manufacturing and the success of ‘Make in India’ depend on its ability to produce high-quality products and services. Product quality is important for human health and consumer safety, as well as for protecting the climate and the environment. One way of ensuring that products and services meet certain standards is through technical regulations with mandatory compliance. However, technical regulations also have th

RCEP: India should tread warily on free trade treaty
Oct 31, 2019

RCEP: India should tread warily on free trade treaty

India has to weigh carefully the gains to be had from signing the treaty, which may mean making itself vulnerable to having its markets inundated with Chinese goods.

Servicing India-ASEAN trade
Nov 05, 2014

Servicing India-ASEAN trade

Against the backdrop of near failure of the World Trade Organisation's Doha Round, the FTAs with Asean in goods as well as in services and investment is expected to further help the integration of the Indian economy into the global economy. The pact with Asean also presents India with an opportunity to revive its own GDP growth.

Sustainability will be integral component of post-COVID international trade order
Jul 28, 2020

Sustainability will be integral component of post-COVID international trade order

With trade acting as a conduit between production and consumption, a post-Covid trade order must be built upon the principles of sustainability to curb the negative impacts on the ecosystem.

The African continental free trade area and its implications for India-Africa trade
Oct 08, 2018

The African continental free trade area and its implications for India-Africa trade

The African countries are set to launch the African Continental Free Trade Area or AfCFTA, the biggest free trade agreement in the world since the World Trade Organization was created in the 1990s. When implemented, the AfCFTA is projected to increase intra-African trade by 52.3 percent by 2022, from 2010 levels. In turn, higher trade levels can facilitate economic growth, transform domestic economies, and help the countries achieve the Sustainab

The African Continental Free Trade Area: Opportunities for India
Feb 07, 2022

The African Continental Free Trade Area: Opportunities for India

Unlike in other regions of the world, the value of intra-Africa trade has remained low over the years. Moreover, Africa accounts for just 2 percent of global trade. In 2021, African countries launched the African Continental Free Trade Area (AfCFTA), which aims to create a single African market for the free movement of goods, services, labour, and capital, and increase intra-African trade. AfCFTA may be able to provide Indian firms and in

The Changing Global Trade Regime and Emergence of Mega FTAs: Strategy for India’s External Sector Sustainability
Jan 12, 2015

The Changing Global Trade Regime and Emergence of Mega FTAs: Strategy for India’s External Sector Sustainability

This study discusses three major mega free trade agreements (the TPP, TTIP and the RCEP) and attempts to develop a strategy for India to navigate the repercussions engendered by these groupings and thereby safeguard India?s trade and sustain its economic growth.

The China-US trade war is a thinly disguised strategic battle
Sep 18, 2018

The China-US trade war is a thinly disguised strategic battle

Under the garb of a trade war, this is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne.

The last thing Beijing needs at this time is a trade war
May 24, 2018

The last thing Beijing needs at this time is a trade war

The US wants to thwart China’s technological ambitions as much as Beijing wants to foster them. The US delegation that went to China earlier this month, clearly signalled that it was not in it for just the trade.

The Middle Corridor: Reviving Connectivity for EU-Central Asia Trade and India’s Strategic Imperative
Sep 13, 2024

The Middle Corridor: Reviving Connectivity for EU-Central Asia Trade and India’s Strategic Imperative

In the backdrop of the Russia-Ukraine war, this paper explores the changing dynamics of the European Union (EU)-Central Asia relationship. It emphasises the growing significance of the Middle Corridor—also known as Trans-Caspian International Transport Route connecting South East Asia with Europe—as a potential alternative route for both the EU and Central Asia, particularly in the context of compliance issues, with sanctions on Northern Rout

The Policy and Operational Challenges in Formulating India’s New Foreign Trade Policy
Oct 07, 2021

The Policy and Operational Challenges in Formulating India’s New Foreign Trade Policy

In 2022, the Government of India is set to introduce the new Foreign Trade Policy (FTP) that will provide direction to the country's broader trade policy regime in the succeeding five years. This FTP will be more difficult to draft than the previous ones, for various reasons including the increased global pressure to address trade policy uncertainties, the need for alignment with the self-reliance mission, Atmanirbhar Bharat Abhiyan, and the tenu

The trade-off with US
Sep 27, 2016

The trade-off with US

The need for India-US trade to grow in bid to combat the recessionary tendency of the economy for a mutually engaging relationship

The World in Disarray: Is This the End of Multilateralism for Trade?
Aug 14, 2023

The World in Disarray: Is This the End of Multilateralism for Trade?

Russia’s war on Ukraine, interrupted value chains, and increased regionalisation are putting pressures on the already-strained multilateral trading system. Though a strong World Trade Organization (WTO) is needed to navigate these challenges, the organisation risks becoming irrelevant if far-reaching reforms are not implemented as soon as possible. In the short- and medium-term, WTO members must agree on limiting export barriers, especi

The WTO Crisis: Exploring Interim Solutions for India’s Trade Disputes
Sep 22, 2020

The WTO Crisis: Exploring Interim Solutions for India’s Trade Disputes

The ‘crown jewel’ of the World Trade Organization (WTO) — the dispute resolution mechanism — is facing a crisis. The US obstruction to new appointments in the WTO’s Appellate Body (AB) has frozen the appeals process and brought the mechanism to a halt. Until such crisis is resolved, New Delhi will need to explore other means for resolving its current and future trade disputes. This paper outlines interim solutions that India can emplo

Time to Boost India-Bangladesh Trade and Economic Relations
Jul 28, 2023

Time to Boost India-Bangladesh Trade and Economic Relations

Among India's neighbours, Bangladesh occupies a special position not only because of India's role in its liberation but because geographically, too, it surrounds Bangladesh from three sides. The beginning of close economic relations between the two countries can be traced back to 1971. After its independence, Bangladesh's requirements of consumer goods, especially food, came from India. Over the years, the country has sought easier access to Indi

To what extent will coronavirus outbreak rewire global trade dynamics?
Mar 03, 2020

To what extent will coronavirus outbreak rewire global trade dynamics?

Unless mainland China somehow manages a swift recovery, historians of globalisation will view this moment as a watershed

Trump’s visit is not about trade alone
Feb 25, 2020

Trump’s visit is not about trade alone

Despite disagreements over trade, relations between the US and India are poised for further consolidation. Defence ties continue to remain strong

Understanding India–US trade tensions beyond trade imbalances
Feb 05, 2020

Understanding India–US trade tensions beyond trade imbalances

The United States (US) has revoked India’s benefits under the Generalized System of Preferences (GSP) and imposed Section 232 tariffs on Indian steel and aluminium. In response, India announced retaliatory tariffs. This brief probes the ongoing trade tensions between India and the US, despite a reduction in the trade deficit. It discusses the heightened influence of the office of the US Trade Representative (USTR) and outlines its apprehensions

Understanding India–US trade tensions beyond trade imbalances
Feb 05, 2020

Understanding India–US trade tensions beyond trade imbalances

The United States (US) has revoked India’s benefits under the Generalized System of Preferences (GSP) and imposed Section 232 tariffs on Indian steel and aluminium. In response, India announced retaliatory tariffs. This brief probes the ongoing trade tensions between India and the US, despite a reduction in the trade deficit. It discusses the heightened influence of the office of the US Trade Representative (USTR) and outlines its apprehensions

US trade ‘Realignment’: The impact of GSP withdrawal on India’s top exports to the United States
Feb 03, 2020

US trade ‘Realignment’: The impact of GSP withdrawal on India’s top exports to the United States

The benefits that India enjoyed for many years under the Generalized System of Preferences (GSP) programme of the United States was withdrawn, effective 5 June 2018. India was the largest beneficiary of the programme, of which it has been part since its inception in 1974. This paper evaluates the impact of the withdrawal on specific sectors of Indian exports. For comparison, the paper uses the Harmonized System Code (HS Code) Commodity Classifica

US, India policies can work towards upping regional trade and growth: US envoy
Sep 03, 2015

US, India policies can work towards upping regional trade and growth: US envoy

At a conference on 'Building Pan Asian Connectivity' in Kolkata, US Ambassador to India Richard Verma has said the Asia policy of the United States and India's Act East policy can work in complementary ways to increase regional trade and growth.