ISDS Case Map
India
ASEAN member nations are committing to forging an expanded FTA with India in late December, despite hurdles in the service sector, with negotiations not progressing as expected, Trade Minister Gita Wirjawan said late Monday.
Negotiations on the much-delayed Free Trade Agreement in Services and Investment between India and 10-nation ASEAN grouping are in the final stages and effort is being made to conclude these by next month.
Negotiations to widen the Asean-India free trade agreement in the services and investment sectors have reached a deadlock.
A foreign investment protection deal between India and Canada--which was expected to be signed this week, according to media reports--is likely to be delayed because New Delhi is reviewing all similar agreements after its tax dispute with Vodafone Group PLC.
Ahead of the Indo-Asean summit on free trade agreement on November 19, India is considering the proposal of suspending negotiations on both services and investment.
In a bid to boost trade and investments, India and Canada will be reviewing the progress of ongoing negotiations for the proposed free trade pact during the week-long visit of Canadian Prime Minister Stephen Harper starting November 4.
To further enhance bilateral trade, India and Turkey should start negotiations for signing a free trade agreement (FTA), the Turkish envoy here said.
The much-delayed negotiations for the proposed free trade agreement between India and the EU are unlikely to conclude this year due to persisting differences over several issues such as opening up of the services sector and level of duty cuts in the automobile segment.
Australian Prime Minister Julia Gillard attended a business forum in New Delhi today, part of her government’s attempts to capitalize on booming trade with India.
Signed with much fanfare, an Indo-Bangladesh deal on further trade between two countries is yet to take off
