ISDS Case Map
India
Singapore and India will reduce or remove tariffs on a further 30 products, improve rules of origin and facilitate mutual recognition of nursing standards following the second review of the Comprehensive Economic Cooperation Agreement (CECA) between the two countries.
Chinese officials will visit India soon to hold bilateral discussions on the issues hampering the negotiations of the proposed mega free trade deal -- Regional Comprehensive Economic Partnership (RCEP), Commerce and Industry Minister Suresh Prabhu said.
Senior officials of India and European Union (EU) held detailed discussions on the long stalled negotiations for a proposed free trade agreement and updated each other on their positions, a government official said.
India may not accept international arbitration orders annulling tax demands on British firms Vodafone Plc and Cairn Energy.
The tribunal, headed by Sir Franklin Berman, will hear the government's objection to tax matters being covered under the Netherlands-India Bilateral Investment Treaty.
According to the recently published report by the NITI Aayog on FTAs states that India’s exports to FTA countries have not outperformed overall export growth or exports to the rest of the world; and also FTAs have led to increased imports and exports; the former has been greater.
The President of Sri Lanka expressed that his government will safeguard the local industrialists. In several occasions, he has mentioned that the government does not want to go for trade agreements that are deleterious to the country's economy. However, in January this year, the president was seated in the high chair clapping when the bilateral trade agreement with Singapore is signed, which liberalized the country's service sector effectively for the first time.
Some of Asia’s biggest infrastructure investors are seeing plenty of opportunities in India. In China’s mammoth Belt-and-Road initiative, however, not so much.
Peru is keen to conclude a comprehensive free trade agreement with India and wants it to be signed for mutual benefit.
The rise of China in the Indo-Pacific has also challenged the long-standing dominance of US in Asia. Therefore, political uncertainty in the US, rapid economic growth, China’s Belt and Road Initiative and its growing assertiveness, and erosion of ASEAN unity – among others – has compelled India to step up its contribution to a region that is also of vital economic interest to India.
