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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 need for India-US trade to grow in bid to combat the recessionary tendency of the economy for a mutually engaging relationship
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 ‘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
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
Unless mainland China somehow manages a swift recovery, historians of globalisation will view this moment as a watershed
Despite disagreements over trade, relations between the US and India are poised for further consolidation. Defence ties continue to remain strong
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
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
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
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.
The average tariff rate for WTO member countries was down to nine per cent in 2013.
It is increasingly becoming clear that the battle is less about the trade deficit and more about America’s intention of preserving its global primacy.
While the establishment of new Integrated Check Post at Attari is a welcome move, there are certain issues which have dampened the spirits of Punjab's traders. The Pakistan government has still not allowed trade of items freely from the Attari-Wagah land route despite it being the cheapest and shortest trade route.
While there has been no perceptible effect of tariffs on the economy of either the US or China so far, additional tariffs which could eventually cover the entire $500 billion of US imports from China will most certainly have a negative effect on both countries and the world.
The world sees India as not contributing positively to the international trade negotiations and this makes it difficult for India to actively participate in ongoing major plurilateral trade negotiations, according to Dr. Harsha Vardhana Singh, India's former DDG to WTO.
The indecision of the AAP since the announcement of the Delhi poll results has the potential for the national voter to prefer national parties or alliances, rendering regional parties minimal players with maximalist muscle-flexing.
The motor vehicles agreement between BBIN nations is a welcome development and marks a good beginning. But now what is needed is a sustainable approach to infrastructure development in the region.
The solution is simple in concept but difficult to implement. Judicial administration will have to be separated from the administration of justice. A separate class of court administrators, reporting to the presiding officer but not having to take orders from him, may have to be formed.
An 'Agreed Line of Administrative Control' in the place of the existing Line of Actual Control (LAC) could free India and China from some of current problems at the bilateral border talks, feels Mr R Swaminathan, former Secretary and Director-General (Security), Government of India.
Experts at a conference on "Internet Governance and India: The Way Forward" have unanimously agreed that "anonymity" in cyber world is important for protection of dissenting voices. They also accepted that internet stands on three basic tenets of openness, freedom, universality.
Experts at a discussion on Indus Water unanimously agreed that a 'blue revolution' must follow the 'green revolution' so that the human possibilities for development are not compromised in the basin.
Reported jihadi threats forcing the down-grading of a New Year Eve entertainment programme and those regarding seven more Maldivians joining the civil war in Syria have revived the on-again-off-again national discourse on religious radicalism in Maldives.
By ratcheting up tension, China is causing alarm in other countries that use the busy South China Sea as the shortest and most convenient link between the Pacific and Indian Oceans. The Chinese could well end up the losers as the countries affected could band together to offset Chinese aggressiveness. Worse, it could well trigger off Japanese nationalism and rearmament.
What was not acceptable to Karnataka have been made acceptable to Sikkim now. Naturally, advocates in Sikkim too would not want to have a judge, allegedly tainted by misdemeanour, to be their Chief Justice.
The attack on Union Agriculture Minister Sharad Pawar at a function in New Delhi, where a kirpan-wielding individual popped up to hit him, should be viewed not as a stand-alone case.
There is a lot to feel hopeful about the maiden meeting between Prime Minister Manmohan Singh and Pakistan President Pervez Musharaff in distant New York. If the two nations needed to move ahead with the peace process, set in motion by predecessor Prime Minister Atal Behari Vajpayee, Manmohan Singh needed the personal chemistry working with Musharaff. At the end of the day, both said it did work.
At this rate, the TNA can become 'untouchable' in national politics, as they were earlier. It does not serve the Tamil cause - and certainly not the moderates' cause. It is the hardliners alone, many of whom are outside the country forever that will be happy.
Is green tax an answer for a cleaner India? The author contemplates if taxation is an answer
In Bangladesh, the municipal elections held last month (January 2011) provided an opportunity to assess the trends in the country's politics. The results showed that the ruling Awami League is on a declining graph as far as its popularity is concerned.
Chinese foreign policy statements may seem sloganistic, ritualistic and without content but one has to realise it need not be articulated in the Euro-American way, says Prof. Geremie Barme of Australian National University College of Asia and Pacific.
Tehran has responded in a carefully structured, calibrated fashion to the resolution passed by the IAEA Board of Governors last Saturday regarding Iran's nuclear programme. We may not have heard the last word yet, but are quite close to it.
The Government and the political and bureaucratic class should be sensitive to the cause professed by the civil society and acknowledge that absence of accountability and responsibility could lead to anarchy of a more militant kind.
Pakistan's "memogate" controversy has raised questions about the strength of the country's civilian government. This has been admitted even by Foreign Minister Hina Rabbani Khar.
Proceedings of the weekly interaction in the Chennai Chapter of the Observer Research Foundation
The IAC is at the cross-roads now. That it has also been the fate of most such organisations over the past years in various parts of the country should not also be lost sight of. Many have come and gone, but very few have remained as an electorally successful political outfit.
