ISDS Case Map
India
The standing committee attached to the commerce ministry has sought views from stakeholders including the public on the advantages and disadvantages of India's free-trade engagements with the various countries and groupings.
There will be no signing or conclusion of the FTA by January end, and if it happens it could only happen by mid or late 2013.
Objecting to Indo-EU Free Trade Agreement which has been signed between Government of India and European Union in 2009, farmers in Manipur have decided to prevent implementation of the agreement and sent a memorandum to Central Government in this regard after a consultative meeting on Monday.
Recent disputes, including the GMR-Maldives government row and the clash between foreign telecom firms Telenor, Sistema, Etisalat and Vodafone and the Indian government, have exposed India's vulnerable position in investment agreements. While the foreign telecom companies can use a potent weapon - the 'investment protection' clause in bilateral treaties - against India, GMR cannot do the same with Maldives.
Bilateral trade between Bangladesh and India rose nearly 20 per cent to more than US$ 4.50 billion in the fiscal year (FY) 2011-12 following reduction of sensitive lists by the relevant authorities in both the countries in late 2011.
Businessmen and traders of Pakistan and India have agreed that infrastructure bottlenecks are hindering the growth in trade relations between the two sides and these should be removed to deepen the ties.
The India-Asean commemorative summit just concluded in Delhi has been widely acknowledged as one of India’s recent successful diplomatic initiatives. As many as nine heads of states and governments out of ten Asean states attended — Philippines sent its vice-president because the president was unwell — along with a total of 47 ministers, proving, if proof were needed, that when Delhi puts its heart into something, it usually turns out alright.
Advisor to Prime Minister on Textile Dr Mirza Ikhtiar Baig said that trade concessions on 65 items from the EU, implementation of GSP plus status from Jan 1, 2014, preferential trade agreement (PTA) with Turkey, signing the second phase of free trade agreement (FTA) with China and trade opportunities with India are reasons for buoyancy in textiles.
India and the Asssociation of Southeast Asian Nations (Asean), the 10-member regional grouping, moved closer on Thursday to completing a bilateral trade pact, by finalising a free trade agreement (FTA) on services and investments. They are expected to sign the pact in August 2013.
The 10-member Association of Southeast Asia Nations (ASEAN) concluded a long-bargained free trade agreement (FTA) with India on services and investment on Wednesday ahead of a two-day commemorative summit in New Delhi, India.
