Dhaka and New Delhi are preparing a joint study report to sign a comprehensive economic partnership agreement (CEPA) to boost bilateral trade and investment once Bangladesh becomes a developing nation.
A Free Trade Agreement between India and the Eurasian Economic Union appears to be on the cards this year, according to statements made by several Kremlin sources.
Portugal will try to conclude a free-trade agreement between the EU and the South American trade bloc Mercosur during its six-month EU presidency, and attempt to expand Europe’s ties with other potential trade partners.
Not only has India failed to agree on its own trade and investment deal with the EU, the country has failed to capture any significant share of China-based global supply chains.
India expects to restart negotiations for a free trade agreement with the US once President-elect Joe Biden’s administration enters, Foreign Minister Subrahmanyam Jaishankar said.
Indian apparel manufacturers are keen on the trade deal as they fear India will lose out to rivals like Bangladesh and Vietnam without a trade pact.
India’s focus has shifted to the creation of a strong domestic agricultural and industrial base, and therefore, joining the RCEP no longer appears to be a priority.
The inclination is clearly towards bilateral trade agreements, where India has more flexibility in negotiating terms that it feelss wouldn’t disadvantage domestic manufacturers.
India, which has not signed any trade agreement since 2012, will soon revive talks on the possible free trade agreement (FTA) with the European Union and the US.
India’s decision to stay out of the China-backed Regional Comprehensive Economic Partnership, or RCEP, Asia’s mega free-trade agreement (FTA), has been met both with a sense of approval and disappointment and divided economists on the issue.
India refused to join RCEP citing reservations that goods manufactured by China could come into India. Jaishankar also said India would like a fair and balanced trade deal with the European Union.
India will avoid joining agreements which are actually trade pacts by stealth with China and instead explore trade agreements with developed countries with large markets such as the US and EU where Indian products and services would be competitive unlike ASEAN.
Prime Minister Narendra Modi called for an early review of the ASEAN-India trade in goods agreement that has been pending for a long time at the virtual ASEAN-India Summit.
Ministers from 15 countries in the Regional Comprehensive Economic Partnership agreed Wednesday to sign the long-awaited trade deal at a summit Sunday, leaving the door open for reluctant India to return later.
A victory for Joe Biden in the American presidential election may delay the conclusion of a “limited” trade deal between India and the US that was negotiated for months.
This study casts serious doubt on earlier more optimistic projections of projected gains and shows that the case for proceeding with the RCEP without India’s participation is even less convincing.
In September this year, India and South Korea resumed renegotiation of their landmark Comprehensive Economic Partnership Agreement (CEPA) that played a key role in spurring trade between the two sides and boosted bilateral ties.
India’s decoupling from China led to a number of harsh steps to undermine the trade and investment relations with China, despite the fact that Chinese investment set the turf for mobile phone manufacturing in the country.
Solicitor General Tushar Mehta has advised the government that the decision of an arbitration tribunal cannot contradict the law passed by a sovereign parliament.
India is seeing public opinion drastically shift in favor of Taiwan amid growing anti-Beijing sentiments. But will New Delhi risk its Asian rival’s wrath for stronger ties with Taipei?