ISDS Case Map
India
As India distances itself from China following the clash in Ladakh between soldiers of the two countries, the Centre is keen to have another go at negotiating the India-US free trade agreement.
The fifth round of the preferential trade agreement talks between Iran and India were held in Iran.
India and Uzbekistan are engaged in negotiations for finalizing a preferential trade agreement and a bilateral investment treaty.
India hasn’t shunned efforts to forge “balanced” trade agreements despite renewed push for self-reliance, and talks with key partners, including the US, the EU and Australia, will gain momentum once the impact of the pandemic wanes considerably.
Attempts to woo India back to negotiating table fail, as the country struggles to fight pandemic.
The 15 member countries of the RCEP grouping have proposed that India defer opening up its market to them, in a move to address New Delhi’s key concern of its burgeoning trade deficit with them especially China.
US-India deal would greatly compromise India’s huge diversity of local seeds and plants which are conserved and reused by millions of Indian farmers year after year. It will also destroy India’s hope for food sovereignty.
To urge India back to the negotiations for the Regional Comprehensive Economic Partnership (RCEP), its 15 member countries have offered New Delhi the option of deferring commitments related to opening up its market.
India and the US could strike a “smaller” trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said.
As part of the settlement, the Japanese automaker is expected to receive between $185 million and $238 million, two sources aware of the matter said.
