ISDS Case Map
India
Sources say that the two sides are nowhere close to an agreement.
India and the US on Monday agreed to fast-track and conclude within a given timeframe agreements on enhancing and deepening trade and investment engagement, and Intellectual Property Rights (IPR) cooperation agreement and an agreement for putting in place traditional knowledge digital library.
Following the conclusion of an FTA with South Korea, the European Commission’s Chief Negotiator, Ignacio Garcia Bercero, has stepped up efforts to reinvigorate the trade negotiations with India. However, two key contentious issues are standing in the way of further progress, namely tariff liberalisation and public procurement.
The anger among the Fishworkers, in the face of such a monstrous Agreement, was elaborated by T. Peter (President, KSMTF): “The Fishing Community in Kerala will take all measures to stop this agreement, and will physically prevent any vessel carrying fish from the ASEAN nations from entering Cochin Harbour”.
India and US have made progress towards finalising a framework agreement on trade and investment, which will be signed soon, said visiting US Trade Representative Ron Kirk. Points that still need work, in Washington's view, are strengthening intellectual property and access of US goods and financial services into Indian markets.
Accusing Union ministers from Kerala and Opposition Leader Oommen Chandy of "misleading" the public on the Free Trade Agreement with ASEAN countries, Chief Minister V S Achuthanandan today demanded an apology from them.
Indian commerce and industry minister Anand Sharma is arriving in Nepal on Tuesday to ink the new India-Nepal Trade Treaty that will now get a seven-year shelf life instead of the earlier five with the provision to have it automatically extended every seven years.
East Asian nations (ASEAN+3: China, Japan, Korea) are to carry out a feasibility study for a huge free trade zone, officials said at a summit Saturday. A separate study for a wider economic partnership also covering India, Australia and New Zealand (ASEAN+6) would be carried out in tandem.
Officials from both countries had been looking at the issue but until now it had not been a serious prospect because of India's heavy protection of its agricultural sector.
India said on Sunday that it is in discussions with China for a free trade agreement (FTA) to break down duty barriers to bilateral trade.
