The pitch comes close on the heels of China’s OBOR initiative, which aims to connect the Eurasian landmass and Indo-Pacific maritime routes.
Foreign firms are the growth engine for Vietnam’s high-technology exports, which reached 27% as a percentage of its total manufactured exports in 2014.
Europeans want to upend politics as usual and the far right is still rising. If the Left doesn’t come up with an unusual politics of its own, it will be upended as well.
The export of generic pharmaceuticals is one of India’s strengths. But both the government and manufacturers need to do more if they want to continue to stay ahead of China.
Multiple indicices show that the economy may not have recovered fully from the demonetisation move yet, indicated by slow rises in output and employment.
The debate surrounding tax treaty arbitration in India has largely been dominated by the misplaced sovereignty argument.
There are a few kinks to be worked out, but if implemented well, the manufacturing sector could be a GST winner while the telecom sector is likely to be worse off.
In a country where a majority of the population is engaged in increasingly unviable agriculture, shouldn’t politicians talk about the trade rules that make it so?
The government has said it will carry out ‘business as usual’ post Brexit, but it remains to be seen whether that will work out.
Concerns remain over the impact of RCEP negotiations on public health and access to medicines.
Rejecting an investment agreement at the WTO is not the best strategy. It would be better to make sure the agreement addresses India’s concerns.
While Indo-US relations will likely remain the same, an indirect in terms of trade, climate change and security should be watched for.
Improving export competitiveness depends on the government, through prudent fiscal policy, and the RBI, through appropriate monetary policy that maintains price stability.
India should look to tap increasing Chinese foreign investments and imports, as well as make travelling in India more attractive for Chinese tourists.
India buys six times the merchandise it sells to China, which is its largest trade partner.
If Bangladesh were to adopt regulatory measures against the environmental impact of the power plant, Indian public sector investors could accuse the country of violating BIT obligations.
The signing of the Continental Free Trade Area agreement targeted for December 2017 could set Africa on a new development path.
The trade pact is the economic pillar of Obama’s broader plan to shift US foreign policy toward Asia but the US senate does not plan to vote on the deal this year and will punt it to the next president.
By misreporting the value of transactions on customs invoices, countries including India are depriving commodity-dependent developing countries of capital.
India is seeking to terminate BITs signed with 57 countries and sign joint interpretative statements with the other 25 treaty states – all an outcome of the country’s new model BIT.
While Tata Motors-owned Jaguar Land Rover could lose 1 billion pounds by 2020, the rest of India Inc needs to hope for a steady pound, decreased global financial panic and British access to the European common market.
Although the region is in the midst of a recession, Latin Americans are keen to boost trade ties with India as part of a strategy to reduce over-dependence on China.
At a time when the countries of the world are increasingly facing the alarming effects of climate change, policies to combat it are trumped by utterly mercantile rules of the World Trade Organisation.
ISRO will have to take a call about whether it still thinks of itself as vulnerable to getting “priced out” of the world market for commercial satellite launches or is now mature enough to play hardball with the US.
The Bahamian foreign minister said the country is not going to shield people who are trying to hide their money from legitimate tax.
Four members of the 10-member ASEAN – the Philippines, Vietnam, Malaysia and Brunei – have rival claims to parts of the South China Sea with China, which says virtually the entire sea belongs to it.
From ease of doing business to the cost of logistics in India, we are still far away from achieving Modi’s aim of doubling goods and services exports to $900 billion in the next four years.
India has often missed the bus in terms of timing its economic moves in the past. It cannot afford to overlook an enhanced commercial engagement with China, even as it courts the United States, Japan, South Korea and other partners from beyond its neighbourhood.
India needs to bring about comprehensive structural and legal reforms to negotiate a balanced free trade agreement.
While the WTO decision on India’s solar programme may have been a hit to the ‘Make in India’ campaign, our arguments surrounding the domestic content requirements aspect simply didn’t make the cut.
Pricked after being sued by foreign investors under different bilateral investment treaties (BIT), India has adopted a new model. But it could impact the ongoing India-US BIT negotiations.
On December 30, for the first time since 1962, a Chinese truck used the Stilwell Road to bring goods to India.
Developing countries must ensure no new issues are taken up at the WTO and that the Trade Facilitation Agreement does not enter into force until the US and EU agree to fulfil their commitments under the Doha Development Agenda.
For those from a generation unfamiliar with the political cult classic, The Ugly American, the conduct of the United States Trade Representative, Michael Froman at the World Trade Organisation Nairobi Ministerial, would have served as a good introduction. Even before he had boarded the plane to Nairobi, Froman had […]
A clumsy commitment to GATS could be disastrous for India’s long-term growth. The resultant marketisation would prioritise employability as the main criteria for the evaluation of an education.
On the eve of their Nairobi ministerial, WTO members should remember it is not food procurement policies in developing countries like India but unfair US agricultural subsidies which threaten free trade and farmer livelihoods across the world.
Focusing on tangible issues such as pharmaceutical exports and building factories makes good headlines for politicians who want to be seen doing something. But to truly improve healthcare in India and Africa, there needs to be much greater focus on the basics.
India is interested in Africa’s natural resources, but as a partner in development and not as an exploiter
The substantial new barriers against generic entry envisaged by the TPP will not only ensure longer monopoly pricing for pharmaceutical products but also render competition between brand and generic manufacturers unviable
The Trans-Pacific Partnership negotiations were conducted in secrecy and leave out large nations such as China, Brazil and India but it is too early to say if such an arrangement will work