ISDS Case Map
India
The government is reviewing the continuation of the of the free trade agreement (FTA) with Asean n the wake of the trading bloc’s reluctance to address India’s concerns over what it believes are asymmetries in the decade-old treaty.
By opting out of RCEP, PM Modi had already shown the way. This is an opportunity for the domestic economy.
India and the US have inched closer towards hammering out a “limited” deal that could cover annual trade of over $13 billion, or roughly 15% of bilateral shipment.
India and the U.K. have affirmed their commitment to negotiate a free trade agreement (FTA) with a view to further strengthening economic ties, the Commerce Ministry.
India is eyeing a major reset of its free trade agreements, including exiting those that have brought few tangible benefits to the country and have instead hurt domestic industry.
The ministry of commerce on Friday said that India has violated article 7 of SAFTA (Trade Liberalization Programme), therefore, Pakistan has formally suspended imports and exports with India in last year.
ALBA Asia Pvt Ltd, the Indian dry bulk port operating company controlled by French shipping group Louis Dreyfus Armateurs SAS (LDA), has collapsed with state-run Visakhapatnam Port Trust terminating a contract for running a dry bulk terminal at the port just five years into a 30-year deal.
After concluding a “quick” trade deal, India and the US need to sit down on the negotiating table for working towards a more sustainable, robust and enduring partnership in the form of a free trade agreement (FTA).
The top minister said that the trade deficit of countries part of the Regional Comprehensive Economic Partnership (RCEP) has nearly doubled over the past 15 years, while their manufacturing levels also remain abysmally low.
The biggest concern of India with RCEP at this juncture is not merely the economic reasons, but more geopolitical: the existence of China.
