ISDS Case Map
India
India needs to strive toward becoming the second or third largest partner for European Union and increase its contribution in EU trade from the present 1.5 per cent to five per cent by 2011, industry body CII said Sunday.
A deal which could deliver the mother of all FTAs between EU and India was sealed a few minutes before PM Manmohan Singh's summit with European leaders began.
Adopting a 'take-it-or-leave-it' posture, India on Thursday turned down last-minute EU efforts to dilute a trade and investment agreement by introducing onerous non-tariff conditionalities.
Negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between India and South Korea, including goods, services and investments are on the fast track.
The EU Commissioner for Trade, Peter Mandelson, has today told Indian and EU Business leaders that EU and India should boost their bilateral trade and economic relationship with a new trade and investment agreement.
India and ASEAN have complementary expectations from the FTA under negotiation. While ASEAN stands to gain most in goods liberalisation, India's interests clearly lie in services.
ITES/BPO services is an important and growing component of India's trade in
services with the US. While the Indian government has implemented several measures to support the growth of this sector, Indian companies face various barriers in the US market such as anti-outsourcing regulations, restrictive visa/work permit regime and concerns relating to protection of sensitive data.
The six-nation Gulf Cooperation Council (GCC) has asked India to push through financial sector reforms and in return offered its huge oil and gas reserves to meet the country's energy needs.
Britain and the European Union urgently need an unprecedented new free trade pact with India, the UK's leading organization representing 240,000 businesses and 80 of the FTSE's 100 companies has demanded.
In an interesting reversal of roles in the on-going India-Asean free trade agreement (FTA) negotiations, India has expressed dissatisfaction with Asean's negative list of items (products to be excluded from duty reduction commitments) and has asked for amendments in order to enhance market access for Indian products.
