ISDS Case Map
India
Concerns have been raised over increased imports of precious metals from the UAE, potentially leading to revenue losses and tariff evasion.
India and Malaysia are part of two free trade pacts – the India-ASEAN FTA (Malaysia is one of the ten ASEAN countries that are signatories to the agreement) and the India-Malaysia CECA. Both pacts are now under review.
India is looking for further tariff cuts in key items of its export interest, as part of the “complete review” of the free trade agreement with Association of South East Asian Nations.
India has convinced the European Union to include the bloc’s proposed carbon tax in talks on a free trade agreement, said two officials in the know, ahead of a similar move with the UK.
Chief negotiators of India and Australia will begin the next round of talks for the comprehensive free trade agreement from tomorrow in Sydney, where both sides are likely to close negotiations on several chapters of the pact, an official said.
Following the recent general elections in India and the United Kingdom (UK), the prospect of the India-UK Free Trade Agreement (FTA) looks closer than ever. Even though the narrative is tempting—recent elections, particularly the change in government in the UK, as the ultimate catalyst for its conclusion—reality is a shade more nuanced.
India’s commerce and industry minister Piyush Goyal suggested that the seven-nation group work on a preferential trade agreement before eventually signing a free trade agreement.
The current crisis in Bangladesh threatens to disrupt this partnership, potentially impacting trade flows and halting discussions on a free trade agreement. India closely monitors the situation as instability has already led to internet disruptions and logistical issues, which could affect critical exports and infrastructure projects essential for regional connectivity.
India and Asean will meet from November 19 to 22, 2024, for the next phase of negotiations on their free trade agreement. The third round was completed in August 2023 in Jakarta. The review seeks to alleviate barriers and promote mutually beneficial trade.
The negotiations to review the free trade agreements (FTAs) implemented with Japan, Korea, and Asean are moving slow but India is pursuing those talks.
