South Korea and India have held five rounds of CEPA (comprehensive economic partnership agreement) negotiations thus far, but the pact -- which is similar to a free trade agreement -- has yet to be concluded due to remaining disputes over rules of origin, services and agricultural trade.
New Delhi and Tel Aviv are seriously working on a free trade agreement because both realise that it is in their mutual interest, the Israeli ambassador, Mr Mark Sofe, said on Thursday.
A leading Sri Lankan trade body has allayed fears that Indians would take over the jobs on offer in the island nation following the signing of the Comprehensive Economic Partnership Agreement between India and Sri Lanka.
Indian and Malaysian trade negotiators are racing to conclude the Comprehensive Economic Partnership Agreement (CECA) by next year, with another eight rounds of talks to go.
Some of the Free Trade Agreements (FTAs) the country has got into in recent years have resulted in unintended adverse consequences, primarily because of non-application of mind at the time of negotiations and signing of the agreement as also lackadaisical enforcement of rules subsequently.
Ministers from the four-nation European economic grouping EFTA agreed on Monday to extend their network of free-trade and investment pacts to India and key Southeast Asian countries.
India is believed to be working out a trade off with Indonesia on palm oil, the last hurdle to a Free Trade Agreement that New Delhi has been negotiating with ASEAN for several years.
Shri Kamal Nath, Union Minister of Commerce & Industry, has stated that a Bilateral Agreement on Intellectual Property Rights (IPR) Cooperation between India and Singapore will be signed shortly.
The fear of having other countries steal a march on Washington by signing their own deals may bring Congress back to the bilateral trade negotiating table.