36 results found
This paper considers and explains the shifts and consistencies in India’s engagement with structures of global trade governance beginning from the Uruguay round of trade negotiations in late 1980s. It makes three major arguments. First, that although India has participated actively in global trade negotiations since the establishment of the General Agreement on Trade and Tariffs (GATT) it was only under the present-day trade governance institut
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.
Unless mainland China somehow manages a swift recovery, historians of globalisation will view this moment as a watershed
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
India’s desire to reconfigure the global balance of power is predicated on its ability to become an indispensable element in the global economic order. Thus, it is not surprising that the new foreign trade policy seems to shed the reticence of the past.
The world of BRICS is expanding. Despite setbacks, this association of Brazil,Russia, India, China and South Africaall of them important, emerging-marketeconomiesremains relevant as it continues to comprise a big share of the world's population,its resources, and global trade. This paper describes the rise of BRICS and their growing mutualinterest in cementing their economic and political ties. It argues that while problems remain inpromoting coh
In Russia’s pageantry of state visits to Iran, its counter to the West is quite evident.
In recent times, the centre of gravity for global trade and economic activities has shifted to the Indo-Pacific and, consequently, there is heightened competition between global powers that have stakes in the region. The importance of connectivity has therefore come to the forefront, covering domains like digitisation with interoperable regimes comprising data protection and cyber security, along with cross-border infrastructures that need attent
The human toll of the COVID-19 pandemic has been devastating. At the same time, measures to tackle the crisis have affected national economies and grounded global trade to a halt. Small Island Developing States (SIDS) such as the Seychelles are amongst the countries that have suffered some of the worst economic impacts of the outbreak. The current situation illustrates the global state of unpreparedness for a pandemic and points to similar inadeq
World Trade Organisation rules are not pandemic proof, and have fallen short of addressing the ongoing disruption to global trade and commerce.
India stands a good chance to benefit from the shift in global trade triggered by the pandemic, and could fill in the vacuum by supplying West Asian c
With one seventh of the world's population and one of the fastest growing economies India has the potential to be a major player in global trade negotiations. It should bear this position in mind while moving ahead with the EU-India FTA.
The Davos model of globalization is in need of a successor that New Delhi could potentially offer
भारत और संयुक्त अरब अमीरात का व्यापक आर्थिक भागीदारी समझ
The fall in prices and the strengthening of international financial linkages will allow India to attain a current account surplus
India has to compete with ASEAN and others around the world in increasing its share of global trade. It is promoting its own free trading arrangement
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 Eastern Corridor is a crucial highway for global trade flows, where any disruption could severely affect the global economy. The route comprises some of the world’s most vulnerable Sea Lanes of Communication (SCLOs), with potential flashpoints such as the South China Sea. For years, these SLOCs have been characterised by tensions in South Asia and Southeast Asia; the more recent years are seeing a heightening of both intent and capacity for
Russia’s and China’s attempt to explore alternative trade route by financing the Northern Sea route could open a new theatre of contestation
Triangular partnerships can provide solutions to the most pressing challenges of today and play an important role in achieving the SDGs
For India to become a part of the global value chains, a better intellectual property regime is needed. Further, India needs to take measures to be a part of the mega regionals which are going to shape the future of global trade architecture such as TPP and RCEP.
As an aspiring global power, what India should take note of is that the TTIP will potentially contribute greatly to the evolution of rules of global trade, particularly in areas where multilateral-level consensus is still elusive. It is in India's interests to keep a close watch of the situation and make necessary interventions.
किमतीतील घसरण आणि आंतरराष्ट्रीय वित्तीय संबंध मजबूत झा�