ISDS Case Map
India
India must seek greater market access for professionals and service-providers in Korea when officials from the two sides meet here for negotiating the proposed bilateral trade pact, industry body FICCI said.
India's trade surplus with Singapore shrunk after the comprehensive economic cooperation agreement between the two countries came into force.
One outcome of the Indo-US deal on Agriculture appears to be the deregulation of the GM foods sector.
Expressing doubt over WTO talks making headway in the near future, Austria on Tuesday asked India to speed up free trade agreement with the European Union to enlarge markets for European and Indian business.
The reduction in customs duty of crude palm oil (CPO) by India has severely hit the 12 vanaspati units set up by Indian companies in Sri Lanka to take advantage of the low duty on CPO there and export duty-free to India under the free trade agreement quota.
Responding to the increasing political resistance to trade liberalisation, India's commerce & industry ministry is planning to set up a special mechanism to monitor the impact of free trade agreements.
India is considering a Free Trade Agreement with China but a decision will be based on sensitivities of domestic industry. Minister of State for Commerce and Industry Jairam Ramesh categorically stated that agriculture will not be included in FTAs.
Major US exporters urged the Bush administration to begin negotiations with the "BRIC" nations -- Brazil, Russia, India and China -- on bilateral investment treaties, which they said were critical to US service company efforts to tap those large markets.
With more than 2,700 Indian firms operating in the country, Singapore has emerged as the favourite destination for domestic corporates looking to internationalise. While bilateral trade between the two nations has gone up as expected post-Comprehensive Economic Cooperation Agreement (CECA) in 2005, it is Singapore's might as a leading hub for innovation and R&D that has attracted companies to set up shop there.
A US congressman said on Sunday he planned to introduce legislation calling for the United States to begin talks with India on a free trade agreement.
