ISDS Case Map
India
Work to finalise a Free Trade Agreement (FTA) between India and the Eurasian Economic Union is likely to happen in 2017, said Alexander Tsybulski, Russian Deputy Minister of Economic Development.
Mega regional trade deals are in vogue in an otherwise fragile global economy. In an environment of falling aggregate demand, these trade deals are seen as a means to insulate economies from market uncertainties.
Negotiations is slowing down and signing of BITs, with India's major global partners, is taking more time than previously anticipated
Its inclination to dole out free tariff lines to all could be disastrous. The fear of being left out of all trade pacts is exaggerated.
The long-stalled negotiations for a free trade agreement between India and the EFTA, a bloc of four European countries including Switzerland, are expected to resume this month.
Other members fear a pact could lead to a surge in imports of Chinese goods, hurting local manufacturing
The agreement aims at reducing tariffs for certain products. Tariffs are customs duties on merchandise imports.
Government is reviewing FTAs that India has signed with trading partners after the industry voiced concerns about benefits of these pacts for domestic players.
India and Chile agreed to expand their bilateral preferential trade agreement (PTA) with both sides offering to lower or eliminate tariffs on a number of items traded with each other.
Describing the ongoing Free Trade Agreement (FTA) negotiations with India as "complicated", Australian Trade Minister Steve Ciobo indicated that the deal was now not a top priority for his government in the short term.
