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103 results found
For New Delhi, the China FTA came as a surprise as less than a year earlier, Yameen had declared that Maldives’ first FTA, whenever signed, would on
The Chabahar agreement which entails the development of free trade zone could be capitalised to generate employment and rope in investments.
India pulled out of the planned Regional Comprehensive Economic Partnership (RCEP) in 2018 after entering negotiations in 2013. India has a trade deficit with 11 out of the 15 RCEP countries and some analysts have theorised that India decided to opt out of the agreement because of such adverse trade balance. Indeed, India has a trade deficit with most of its trade partners in past free trade agreements (FTAs). It is in this context that this br
Even as trade talks between the US and China seem set to resume, geopolitical tensions between the two powers show no sign of abating.
A successful conclusion of the FTA with EU would go a long way in building international market confidence, giving much needed stimulus to the international economy. The loss of revenue from reduction in tariffs should be viewed in gains of transfer of technology, productivity increases and greater competition.
The Centre seems to be keen on development of Free Trade Agreements with our East Asian and South-East Asian neighbours. The general idea floated in this context is: Trade is good. More is better. But, unbridled market force in the form of unbridled trade without the concomitant safeguards in regulation and risk management mechanisms might not be a wise idea.
Various estimates show that RCEP’s share in the world GDP may touch 50 per cent by 2050. The fear that India may be left out if it decides not to join the group is real. But given the economic clout of China and other economies, India may find it very difficult to grab a significant share of the this RCEP cake.
Until the country can address its own economic problems, agreements like the RCEP may do more harm than good.
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.
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
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 Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was formed to foster socio-economic cooperation between its seven member nations – India, Bhutan, Myanmar, Thailand, Bangladesh, Nepal, and Sri Lanka. The group signed a free trade agreement (FTA) in 2004, but the pact is still not operational due to the lack of consensus on certain key issues. Some members like India are keen to finalise the terms of t
There is a strong case to be made for a deeper EU-India partnership against the backdrop of global uncertainties and ongoing wars, an assertive China, and the likelihood of a more transactional United States (US) under Trump 2.0. Meanwhile, the EU-India Roadmap to 2025 has run its course, and the EU-India summit of 2025 could be an opportune moment to release a fresh blueprint for cooperation. As the new European Commission’s agenda springs int
The latest developments from Africa.
Japan’s ties with the US face uncertainty under Trump, with trade disputes, security tensions, and shifting global alliances. Concerns over US reliability are pushing Japan to strengthen regional partnerships, maintain economic ties with Washington, and cautiously re-engage with China
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has gained more importance recently because of the many hurdles that have come in the way of the South Asian Free Trade Agreement (SAFTA) since 2016, mainly due to issues between India and Pakistan. This brief explores the possibilities of stronger trade and investment ties between the BIMSTEC nations by expediting the signing of a Free Trade Agreement (F
The British government's Integrated Review brought out in 2021 places a high priority on its partnership with India
Enabling greater free trade and removing NTBs should be undertaken with the goal of not just regional integration and growth but also development of communities, employment and poverty alleviation across South Asia.
British officials have been signalling that Brexit could augur well for trade ties between India and the EU as the two nations would find it easier to conclude a free trade pact without the involvement of the entire panoply of EU member states.
There is need for greater transparency in the Free Trade Agreement negotiations. There could be more information sharing with civil society groups and the general public so that the content of the negotiations would get public approval faster, making it easier to conclude the FTA.
In October 2019, China’s Free Trade Agreement (FTA) with Mauritius opened the Chinese market to Mauritian exporters and investors. Not long after, concerns arose that Mauritius might be lacking in the capacity to benefit significantly from the agreement and thus lose in terms of a trade imbalance that clearly favours China. This brief revisits China’s motivations for the FTA, and finds economic and geopolitical goals. Given Mauritius’s smal
The rising animosity has a great potential to affect the ability of the two nations to counter regional threats.
India and the European Union continue to struggle to conclude a bilateral Free Trade Agreement even a decade after the negotiations were first launched in 2007.
The United States, Japan, India, Australia – may emerge as guarantors of free trade and defense cooperation to check China
The normalisation of trade between India and Pakistan could lead to preferential trade arrangement under SAFTA (South Asian Free Trade Agreement of 1996). This would increase regional trade and stability.
The US-led TPP would face increasing competition as China recently concluded a free trade agreement with Australia (ChAFTA) and South Korea and is pushing for a broader Asia-trade pact - Regional Comprehensive Economic Partnership.
A ‘new age’ free trade deal with India remains critical in anchoring the United Kingdom economically to the Indo-Pacific
Has India’s free trade agreement with the 10-member Association of South-east Asian Nations (ASEAN) spurred India Inc.’s globalising drive eastwards? This region, after all, has recently emerged as a major destination for investments from Japan – which is widening its options due to its conflicts with China – and the US, with its so-called ‘pivot to Asia’. India’s Free Trade Agreement (FTA) with ASEAN, which kicked off in January 20
In order to get an accurate picture of trade in India’s neighbourhood, one has to look beyond Free Trade Agreements.
India and Sri Lanka are now working on a comprehensive economic agreement following the success of the Free Trade Agreement of 1999. This was stated by Sri Lanka's Minister for Export Promotion and International Trade,
is paper formulates an analytical framework to assess the impacts of India's Free Trade Agreements (FTAs) on commodity value chains. Existing academic literature have relied on examining Balance of Payments (BoP) to assess the impact of FTAs. is paper views such methodology as reductionist, and instead oers alternative lenses of the impacts on the commodity value chain. is paper brings into fold the concerns for the wellbeing of various stakehold
With the good news from the 17th SAARC (South Asian Association for Regional Cooperation) meeting in the Maldives about the future effective implementation of the South Asian Free Trade Area agreement, trade relations among member-countries will get a big boost.
The visit has been mutually beneficial, especially with the signing/renewal of MoUs, adapting the Comprehensive Economic and Maritime Security Partnership vision, and India’s offer of financial assistance.
The Maldives became the second country in South Asia, after Pakistan, to enter into a free trade agreement with China. The Yameen government pushed the FTA through the nation's Parliament, the Majlis, stealthily, with the opposition not attending the parliamentary session.
China, Japan and South Korea have a long way to go in their trilateral free trade agreement. The road to an agreement is going to be long and complex. However, how this trilateral venture is going to be viewed by the US is to be watched with care and interest.
The recent European Parliamentary election shows the rise of the extreme right wing parties. This is something that would hurt Indians living in Europe and UK. Some of these parties are strongly nationalist and anti immigration (racists), free trade and outsourcing.
This brief examines the importance of economic integration between India and Sri Lanka in fostering both nations’ growth as well as regional stability. Their deep cultural, historical, and geographic ties support an evolving economic relationship driven by trade, investment, and connectivity. As Sri Lanka’s largest trading partner and investor, India plays a pivotal role in its economic recovery, particularly following Sri Lanka’s recent ec
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.
A common thread that runs through TPP, TTIP and CETA deals is the Investor-state dispute settlement system (ISDS), an opaque supranational court that decides disputes, bypassing the domestic courts and national laws. Now, the fear is that these trade deals might just end up producing managed rather than free trade.
President of Germany's Green Party affiliated Heinrich Boell Stiftung, Ralf Fuecks, thinks that Ukraine has to "return to sovereignty within certain safeguards" and that "an agreement with Russia is possible". He hinted this could be in the form of a free trade zone and a more comprehensive economic cooperation.
While the US-China trade talks have stalled for now, it would be too soon to pronounce a verdict on the trade row.
भारताने आपली अर्थव्यवस्था एवढी मजबूत करायला हवी की, वेगवान जागतिक आर्थिक बदलांना, विशेषतः ट्रम्प प्रशासनाकडून मिळणाऱ्या आव्हानाला, समर्थपणे तोंड देता येईल.