ISDS Case Map
India
There is little chance that the proposed free trade agreement (FTA) between India and the European Union (EU) would be signed before or at the India-EU summit to be held in New Delhi in February next year, a top German official said.
Bilateral trade talks between New Delhi and Islamabad inched yet another step towards Pakistan granting India a ‘most favoured nation’ (MFN) status, even as both neighbours today laid “strong foundation” for a preferential trade agreement.
Admitting that some issues are blocking the finalisation of the Free Trade Agreement with India, the European Union on Monday voiced hope that negotiations would be completed by the next India-EU Summit scheduled to be held in February.
EU investors are not the only ones seeking ‘protection’ in India.
The proposed India-US investment protection treaty is back on the negotiating table and is moving forward, Commerce Secretary Rahul Khullar said today.
As Prime Minister Manmohan Singh heads for the Maldives next week to participate in the 17th Saarc summit, it is expected that he will be suggesting some mechanisms to promote a greater level of regional economic integration.
India is on Canada’s radar screen as it wishes to be a part of a trillion-dollar infrastructure plan to consolidate trade and investment ties with Asia’s third-largest economy, Canadian international trade minister Ed Fast said on Friday.
India is particularly displeased with Pakistan, after an early end to a party it was enjoying over Islamabad’s proposed grant of a ‘most favoured nation’ (MFN) status in bilateral trade. All eyes are now focused on Pakistan commerce secretary Zafar Mahmood’s upcoming India visit. This is likely to be followed by a sideline meeting between the prime ministers of the neighbouring countries.
The Cabinet on Wednesday approved a 20 percent reduction (233 tariff lines) in sensitive list for South Asian Free Trade Area (Safta) which, according to the Commerce Ministry, will earn goodwill for the country.
South Africa is achieving significant success in trade with its Ibsa part- ner countries, India and Brazil, President Jacob Zuma highlighted at a press conference in Pretoria last week. (South Africa hosted the fifth Ibsa Dialogue Forum summit on October 17 and 18.)
