ISDS Case Map
India
India today ruled out sharing test data of drugs, or data exclusivity, of Indian pharma firms with developed countries and multi-national companies, and stressed that the provision will not form part of any free trade agreements pursued by the country.
The Preferential Trade Agreement (PTA) between India and South Africa Customs Union (SACU) has run into some regulatory issues even as both countries have vowed to achieve bilateral trade worth $15 billion by 2014 from around $10 billion at present.
The prospect of an imminent of India-European Union Free Trade Agreement has suffered a setback according to officials who said they now believe it may not be signed before the end of the year or early 2012.
India is one of the world's largest producers of generic drugs. But a proposed Free Trade Agreement with the European Union could curb the supply of affordable drugs to millions of people. Al Jazeera reports from New Delhi
India and the Europe Free Trade Association (EFTA) are likely to conclude a free trade agreement (FTA) entailing a comprehensive bilateral trade and investment agreement by this year after fast tracking of the negotiations between the two groups.
Given the changing international trade environment, India needs to strike the right balance between regionalism and multilateralism.
All eyes are on the EU-India trade agreement, and the repercussions it will have on access to medicines in India and other developing countries. At the same time, the EU is in the process of negotiating other trade agreements that could harm or hinder access to medicines, such as this week's negotiations between the EU and the Mercosur countries.
Union Commerce Minister Anand Sharma today expressed for an early conclusion of Bilateral Investment Promotion and Protection Agreement (BIPPA) with Nigeria.
Amid concerns expressed by the Indian industry, the government today said in Parliament that it will protect the interest of the domestic drug industry while finalising the free trade pact with European Union.
After more than a year since the free trade agreement (FTA) between India and the 10-member Association of Southeast Asian Nations (Asean) became operational, it is now approaching consolidation.
