ISDS Case Map
India
To increase trade and facilitate more investment flows, the Philippine and Indian governments are currently in negotiations on a bilateral preferential trade agreement (PTA), that will reduce and eliminate tariffs on various goods.
India needs to follow a cautious approach while negotiating labour provisions in free trade agreements (FTAs) as those could have potential repercussions on domestic manufacturing and overall trade competitiveness.
The ROO revision would be in line with the provisions in the trade agreements that are currently being negotiated, where extent of value addition in a product originating from the exporting country is different for each chapter or product.
Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries.
Chief negotiators of India and the U.K. are expected to soon hold next round of talks for the proposed free trade agreement to iron out differences on issues such as automobiles, medical devices, and movement of professionals, an official said.
Talks to create a historic economic pact with the United Arab Emirates are being revived as the Australian government tries to reboot its free trade agenda after negotiations with the European Union soured over agriculture.
Finalising the rules of origin for the medical devices sector remains a sticking-point in the proposed free-trade agreement between India and the UK and the talks are on to iron out the differences, an official said.
India has urged Singapore and South Korea to speed up the review of trade agreements for concluding the process at the earliest.
There is little possibility this year of the initiation of official negotiations between Bangladesh and India for the signing of a Comprehensive Economic Partnership Agreement.
India is worried about Britain's possible tax on imports of high-carbon goods like steel and wants a mechanism in their planned free-trade agreement (FTA) to address issues arising from such a measure.
