ISDS Case Map
US
After concluding a “quick” trade deal, India and the US need to sit down on the negotiating table for working towards a more sustainable, robust and enduring partnership in the form of a free trade agreement (FTA).
Piyush Goyal says India and the US will go for a preferential trade agreement first on 50-100 goods and services, followed by a larger free trade agreement.
India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as the two sides seek to shore up a new trade deal.
India and the US are close to concluding an initial limited trade package followed by a possible bilateral free trade agreement (FTA).
Last week, Kenya and US officially started negotiations of the Free Trade Agreement (FTA). A special interest group comprising civil society, trade unions and farmers have also mobilised against the FTA. This is a common trend globally when trade negotiations begin because the future of these vested interest groups is always uncertain.
Kenya’s free trade deal with the US has been challenged before the East Africa Court of Justice days after the two countries opened negotiations on duty-free imports.
India said both New Delhi and Washington are now “nearer” to a smaller trade deal than ever before as the US believes a free trade agreement (FTA) is possible even as India has walked out the Regional Comprehensive Economic Partnership (RCEP).
A series of high profile officials in Beijing have recently voiced openness about China joining a trans-Pacific trade pact abandoned by the United States in one of the first acts of Donald Trump’s presidency.
US Trade Representative Robert Lighthizer said the world needed either a multilateral system to govern global trade or a series of bilateral agreements, but the two were in conflict with each other.
US, Kenya kick off negotiations for free-trade agreement. Trump administration not looking to renew Africa regional pact.
