ISDS Case Map
India
Duty-free imports of vanaspati from Sri Lanka under the free trade agreement (FTA) is likely to be capped at 2,50,000 tonne. Vegetable oils and vanaspati (hydrogenated vegetable oil) will be kept out of the purview of any FTAs which India is likely to sign with any country in future.
Indicating that the idea of a free trade agreement with China has not been abandoned, the Indian government has begun a fresh exercise to explore the pros and cons of such an accord.
The tax holiday provided under the India-Singapore agreement, which Indian companies may take advantage of, is part of a trend that will make it increasingly difficult to tax capital in almost any country.
India will begin negotiations with the GCC as a single bloc as well as with individual member countries of the GCC for a comprehensive economic cooperation agreement, covering the service sector and investment, along the lines of the pact signed between India and Singapore recently.
With the recent signing of the India-Singapore comprehensive economic cooperation agreement (CECA) which threatens to reduce the importance of Mauritius as the investment gateway to India, Port Louis has began talks with New Delhi on a similar deal.
India is keen on signing an FTA with Bangladesh as early as possible but Bangladesh has been rather sceptical about the outcome of such a deal because of the former's alleged protectionist attitude. The findings of a World Bank (WB) study that were made available a couple of days back in Dhaka have, actually, confirmed Bangladesh's worries.
India's decision to grant tax sops to Singapore-based FIIs under the comprehensive economic cooperation agreement (CECA) has prompted oil-rich Saudi Arabia and Kuwait to pitch for similar concessions in the double taxation avoidance treaties that are being negotiated with Indian tax authorities.
In a comprehensive approach to Indo-Pak engagement in Jammu and Kashmir, Former Pak Finance Minister Burki is calling for a sub-regional trade arrangement under the South Asia Free Trade Agreement (SAFTA).
A group of international experts said Saturday at a workshop that mere increase in volume of trade under the proposed Free Trade Agreement (FTA) would not be enough to reduce the huge trade imbalance between Bangladesh and India.
Indonesia and India have agreed to set up a joint study group to boost the bilateral economic relationship which remained far from its huge potential, Indonesian Minister of Trade Mari Elka Pangestu has said.
