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India: Safeguards in FTAs sought
India must incorporate special provisions for the chemical, petrochemical and textile sectors in its free trade agreements (FTAs) with other countries as a steady decline in tariffs in these sectors is exposing domestic players to unfair competition, says a draft report on FTAs prepared by the Indian Institute of Foreign Trade.
MNCs reworking India strategy
Even though the finer implications of the Free Trade Agreement (FTA) with Thailand are yet to become clear, multinational players have begun reworking the economics of operating from India.
More FTAs waiting in the wings - India
The finalisation of modalities for implementation of the Indo-Thai free trade agreement (FTA) on Friday sends out clear signals that the United Progressive Alliance (UPA) is not averse to the idea.
Indo-US FTA on services mooted; Govt yet to take view
A free trade agreement (FTA) on services between India and the US could be on the cards, a move which can give a big leap to the country’s IT industry.
Indian officials deny groundwork on FTA with US
Commerce Minister Kamal Nath’s interest in entering into a free trade agreement (FTA) in services with the US may not prove to be a smooth affair. According to senior ministry officials, there are serious reservations, both within the US and India, over liberalising the services sector.
India will review FTA’s, says PM
Prime Minister Manmohan Singh on Thursday made his maiden foray into the foreign policy realm by announcing a review of the various Foreign Trade Agreements (FTAs) signed by the previous BJP-led NDA government.
India to take re-look at free trade pact with Thailand
India will take a hard re-look at the free trade agreement with Thailand which the Vajpayee Government initiated last year.
India-Thailand FTA: More linkage sought in tourism, hospitality
Bangkok and New Delhi are looking forward to developing further linkages in the areas of tourism and hospitality to widen economic co-operation under the Thailand-India bilateral free-trade agreement, according to high-ranking representatives of both countries.
Kamal Nath to review FTAs, may change stance on rules of origin
Commerce Minister Kamal Nath has put the proposed free trade agreements (FTAs) under the scanner amid fears that in many of the upcoming FTAs India might give away more than it would take, unless the country repositions its stance in many cases.
FTA With Mercosur group shouldn’t hit domestic veg oil, food industries
Ahead of India preparing to sign a free trade agreement (FTA) with the Mercosur group of countries, the vegetable oil and food industries have cautioned the government to work out the arrangement keeping in mind the interests of domestic industry.
Rules of origin need proper perspective under trade pacts
Rules of origin (RoI) are emerging as one of the most important issues in the context of preferential trading relations of a country. They are a set of instruments, a lack of consensus on which can, and have, delayed several agreements on trade.
Dhaka, Delhi agree to map out product standards
India and Bangladesh have agreed on a time-bound programme to recognise each other’s certification of commodities like food products, agro-products, textiles and leather, in a bid to remove a major non-tariff barrier in bilateral trade.
India: New trade pact with Bangladesh ready
The revised India-Bangladesh bilateral trade agreement is likely to be signed soon. The modalities for the agreement were thrashed out at a joint working group meeting of the two countries yesterday.
India seeks to amend trade treaties
India is seeking to amend bilateral trade treaties with foreign countries by diluting international protection agreements - a move which will provide the government respite against any international arbitration, a la Dabhol or Maruti.
Gulf Cooperation Council (GCC) mulls FTA with India
The six-nation Gulf Cooperation Council (GCC) countries are exploring the possibility of signing a free trade agreement (FTA) with India, Commerce Minister of the Kingdom of Bahrain, Ali Saleh Al Saleh, has said.
SAFTA Is On Track, But FTA...?
When the seven SAARC members signed the free trade agreement (SAFTA) in January 2004, there was some scepticism regarding its progress and implementation, given that SAARC itself had been mired under inter-state tensions.
Laissez Unfaire
At the risk of destroying local industry, India has to tread the free trade pact route.
Bechtel and GE mount investment treaty claim against India
Two minority investors in India’s largest foreign investment, the ill-starred Dabhol Power Plant, have launched a bilateral investment treaty (BIT) claim against India in an effort to recoup their losses related to the plant.