ISDS Case Map
India
In a major policy shift, the government has decided to convert all preferential/free trade agreements (PFA/FTA) into comprehensive economic cooperation agreements (Ceca).
India made it clear on Monday that it would aggressively push for more regional trade agreements, though it attached importance to the multilateral trading system.
India and members of the Southern African Customs Union (SACU) hope to have a “limited scope agreement” for more liberal trading by next year, the first concrete step towards a free trade agreement (FTA).
Commerce and industry minister Kamal Nath said at the economic editors' conference here on Wednesday, that bilateral trade agreements will serve as engines for international trade.
SINGAPORE'S High Commissioner to India is optimistic about a favourable outcome soon to negotiations for an economic cooperation agreement that is expected to open up substantial business opportunities for the two countries.
The proposed Comprehensive Economic Co-operation Agreement (Ceca) between India and Singapore has hit a bump. The Singapore government has made out a strong case for product-specific relaxation of the rules of origin (ROO) criteria for over 480 items.
A comprehensive FTA with India would be of strategic importance to the US in its current policy of competitive liberalisation.
A better way for India might be to pursue an FTA on services with a developed country.
Economic think-tank National Council of Applied Economic Research (NCAER) has questioned the usefulness of the Free Trade Agreement (FTA) which India signed with Thailand.
The government of India has kickstarted the process for clinching a free trade agreement with the Gulf Cooperation Council, with which New Delhi had entered into a framework agreement for economic cooperation in August.
