ISDS Case Map
India
Discussions on a possible free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) are gaining momentum with the two sides deciding to meet early next year to thrash out important issues like rules of origin (ROO) and differential tariffs which are key to such agreements.
Senior Minister Goh Chok Tong said the East Asia Summit next month would discuss the possibility of a Free Trade Agreement between East Asian countries.
The Government's announcement to initiate free trade agreements (FTAs) with neighbouring economies, including ASEAN and Gulf countries, by 2006 has given Indian industry cause for concern.
Move over World Trade Organization (WTO), regional trade arrangements are here to rule.
Mauritius and India are expected to sign a preferential trade agreement (PTA) next week to boost the island's exports and provide India with the opportunity to tap into African markets.
There has been a spate of trade agreements signed between countries in recent years - from the same region and even beyond. And this may not necessarily have to do with the fact that it has been a tough going for the multilateral trading system. Regionalism may have its own dynamics.
Underscoring the need for a Free Trade Agreement between India and Bangladesh, Indian High Commissioner to Dhaka Veena Sikri today said it was important to overcome a "negative" mindset to help boost trade between the two countries.
Japan's Mitsubishi Motor has set its sights on Thailand and other Asian nations for future expansion, the president of the automaker said on Tuesday. "With FTAs (free trade agreements) envisioned with Asian countries, such as ASEAN and India, we should reap benefits of such initiatives," Masuko said.
The first round of free trade negotiations between the Gulf Cooperation Council and India and Pakistan will commence by the middle of November 2005.
Terming an India-Brazil-South Africa (IBSA) Free Trade Agreement as a “distinct possibility”, the Indian government said it is looking at other ways of enhancing trade relationship with the two countries.
