ISDS Case Map
India
In what could be one of the first adverse fall-outs of free-trade agreements, domestic vanaspati producers have alleged that India is turning out to be a major market for imports from Sri Lanka, Nepal and Bhutan, although these countries have no major cultivation of oilseeds.
South Korea and India adopted a final framework Friday to begin talks on a free trade agreement, Seoul officials said.
Country-specific trade agreements might finally give way to an integrated trade agreement or organisation, indicated Abdul Quader Shaikh, Senior Economist, United States (US) Department of Commerce at a seminar on the WTO today.
The regional economic diversification plan gets a boost with the Gulf Cooperation Council (GCC) and India - which signed a framework agreement for economic cooperation in August 2004 - announcing final negotiations for a free trade agreement (FTA) starting January 2006 to thrash out niggling issues like rules of origin and differential tariffs.
Japan is likely to pursue free-trade agreements with China and India as well as Australia to give it more clout in a proposed East Asian community, a leading Japanese daily reported on Tuesday.
India's department of industrial policy and promotion has asked the finance ministry to correct the inverted duty structure on a few product lines under the India-Thailand free trade agreement (FTA).
India and Pakistan will be able to trade directly without the help of third-country destinations once the South Asian Free Trade Agreement (SAFTA) comes into force from January 1.
Association of South East Asian Nations (Asean) has demanded that all its members should be allowed to maintain separate negative lists with India in the free trade agreement (FTA) being negotiated between the two sides. It, however, wants India to have a common negative list for all the 10 Asean members.
With multilateral talks through the World Trade Organisation moving rather slowly, the engagement with the Asian Tigers seems to be the Indian ‘Elephant' economy's chance to catch up with the Chinese Dragon.
A senior US Embassy official today said Washington and New Delhi were working actively on the proposal mooted by business leaders in both countries for a Free Trade Area (FTA) agreement between India and the US.
