trade pacts

Is India recalibrating its approach towards FTA negotiations?

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India has recently reaffirmed its commitment to trade multilateralism with the World Trade Organisation (WTO) at its centre. Parallelly, India has renewed its Preferential Trade Agreement (PTA) negotiations with many countries with vigour. While it has maintained certain long-held positions at the WTO, there are early signs that India may be recalibrating its approach towards … Read more

View: Nothing wrong with reviewing the economic rationale and fallout of India’s varied trade agreements

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Plus, RTAs mess up the duty structure. Ideally, duties should be lowest for raw materials, higher for intermediates and highest for finished goods, with a complication of figuring out which item is what. Synopsis Can one unambiguously conclude that all RTAs lead to trade-investment creation? No. The answer is empiricaland depends on specifics of the … Read more