-The Hindu Business Line The negotiations must be conducted in a transparent manner especially on issues regarding intellectual property Every time countries negotiate a trade deal, public health workers are forced to keep their ear to the ground, to ensure there is no trade-off on health. And that seems to be the case this time too, in the build-up to the proposed Free Trade Agreement (FTA) between India and the United Kingdom. Leaked...
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Trade pacts: India’s FTA thrust lacks clarity -Abhijit Das
-The Hindu FTAs are about pursuing economic goals. They should have little to do with achieving social or geo-strategic objectives After hurtling for many months towards finalising the India-UK FTA by Diwali, a substantial trade deal appears unlikely by this deadline. Instead of bemoaning this as a missed chance, it should be taken as an opportunity for introspecting India’s approach to FTAs, particularly with the developed countries such as the UK, European...
More »India’s no to RCEP could still be a no -Biswajit Dhar
-The Hindu The circumstances under which New Delhi had distanced itself from the RCEP negotiations have hardly improved Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic Partnership (RCEP), the largest free trade agreement (FTA) ever. In 2019, RCEP members accounted for about 30% of world output and population and 28% of world trade. But more importantly, about 44% of...
More »Lessons from Vietnam and Bangladesh -Ajay Srivastava
-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...
More »Fingers burnt in FTAs, India now stays out of RCEP -Puja Mehra
-Livemint.com * RCEP negotiations started in 2013 but acquired fresh impetus after the rise of protectionism globally that saw the US pulling out of the Trans-Pacific Partnership * India has seen its trade deficit with most countries rising manifold after an FTA was operationalized India on Monday decided against joining The Regional Comprehensive Economic Partnership (RCEP), a trade pact that has been spearheaded by China with the 10-nation Asean and four others. Mint...
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