India


Nirmala Sitharaman: Govt open to revisiting FTAs
The government is open to reviewing and renegotiating existing free trade agreements (FTAs) India has signed with different countries, Union minister of state for Commerce and Industry Nirmala Sitharaman said on Monday.
Karuturi challenges Ethiopia decision to cancel farm project
Karuturi Global Ltd., one of the largest investors in Ethiopia’s farm industry, is challenging the termination of its project, claiming the government broke the terms of its agreement with the company.
‘It will be senseless to start FTA talks from scratch’
The newly-appointed European Union (EU) Ambassador to India Tomasz Kozlowski said it will not make any sense if the free trade agreement (FTA) talks start from the very beginning. In his first interview to the media, Kozlowski said the EU is preparing its strategy before the chief negotiators of the two countries meet on January 18.
India’s new model bilateral investment treaty and its carve-out for TRIPS flexibilities
India has released its new model Bilateral Investment Treaty (BIT). It contains a carve-out for TRIPS flexibilities.
Trudeau sets sights on free-trade deal with China
Prime Minister Justin Trudeau intends to play an activist role in promoting Canadian business and investment with a major trade mission to China and India and a keynote address to the World Economic Forum in Switzerland.
RCEP: India to propose mechanism to resolve non-tariff measures
India is set to propose a non-legal and non-adversarial mechanism to resolve trade-impeding non-tariff measures among the 16 Regional Comprehensive Economic Partnership (RCEP) countries.
ANALYSIS: In final version of its new model investment treaty, India dials back ambition of earlier proposals – but still favors some big changes
Following the release in April of 2015 of a draft model investment treaty, the government of India unveiled a final version of its proposed negotiating text.
Model text for the Indian Bilateral Investment Treaty (2015)
As published by the Ministry of Finance, Government of India
RCEP: India offers no duty cuts on steel to China, Aus, NZ
India has not offered any duty cut on steel to China, Australia and New Zealand as part of the ongoing negotiations for the Regional Comprehensive Economic Partnership (RCEP) agreement.
Modi’s Pak stopover ignites hope for trade talks
Trade dialogue between India and Pakistan — officially in the cold storage for almost three years — is set to be revived, now that Prime Minister Narendra Modi has broken the political ice with Islamabad with his Christmas visit to Lahore.