Synopsis: Early Harvest Schemes (EHS) as an FTA strategy is misaligned with India’s immediate requirement of an employment-promoting trade policy. Introduction Recent statements from the commerce ministry have indicated that India is going to revamp its Free Trade Agreement (FTA) strategy and that FTA negotiations would be expedited towards early conclusion. The revamped FTA strategy… Continue reading India’s revamped FTA strategy
Tag: Bilateral regional and global groupings and agreements
India’s ‘early harvest’ trade deals could run into trouble
Synopsis: India should be mindful of legal requirements of arriving at an “early harvest” trade deal before signing a full FTA. Introduction India wishes to fast-track its free trade agreement (FTA) negotiations with several countries like the UK, Australia, the European Union, and Canada. It is keen to conclude an “early harvest” trade deal with… Continue reading India’s ‘early harvest’ trade deals could run into trouble
Partners in the Indo Pacific
Synopsis: The ‘2+2’ dialogue between India and Australia will provide substance to an already meaningful partnership. Introduction Recently, India and Australia held the inaugural 2+2 talks. The main focus of the dialogue is to implement the vision of a peaceful and prosperous Indo-Pacific Region. What are the recent developments in India-Australia Relations? Common and shared… Continue reading Partners in the Indo Pacific
India, UK aim to launch FTA negotiations by November 1
What is the News? India and the UK are planning to begin the negotiations on a Free Trade Agreement(FTA) by November 2021. About India-UK FTA India and the UK are planning to sign an interim trade deal by March 2022 which will be followed by a comprehensive Free Trade Agreement(FTA). The interim trade pact would… Continue reading India, UK aim to launch FTA negotiations by November 1
India–Africa Defence Dialogue to be held alongside every DefExpo
What is the News? India has announced that it will hold the India-Africa Defence Dialogue alongside DefExpos once every two years. First India-Africa Defence Dialogue The first-ever India Africa Defence Ministers Conclave (IADMC) was held in Lucknow, Uttar Pradesh in conjunction with DefExpo in 2020. It was co-organised by the Ministry of Defence and Ministry… Continue reading India–Africa Defence Dialogue to be held alongside every DefExpo
The Quad must be flexible to counter China’s many strategies across a wide range of issues
Synopsis: The Quad needs to be flexible to counterbalance China across a range of issues, be it Afghanistan or the South China Sea. Introduction Quad is now shaping up as a security-plus platform. Recently, India and Australia held their first 2+2 ministerial dialogue. Militaries of the four countries participated in the Malabar joint naval exercise last year. Also, work is underway… Continue reading The Quad must be flexible to counter China’s many strategies across a wide range of issues
‘2+2’ Ministerial Dialogue between India & Australia
What is the News? The ‘2+2’ Ministerial Dialogue between India & Australia was held. What is ‘2+2 Dialogue’? ‘2+2 Dialogue’ is a term adopted in foreign diplomacy that implies a dialogue between two countries’ defence and external affairs ministries. The goal of the 2+2 dialogue is to facilitate the highest-level dialogue on the bilateral, regional,… Continue reading ‘2+2’ Ministerial Dialogue between India & Australia
Govt-industry talks on proposed FTAs with EU-Australia at premature stage
Synopsis: FTAs are important for boosting exports and India should try to take a step in the right direction by signing mini trade deals. Introduction According to sources from Industries, discussions with the government regarding proposed trade deals with the United Arab Emirates (UAE) and the United Kingdom (UK) have already kicked off. India hopes… Continue reading Govt-industry talks on proposed FTAs with EU-Australia at premature stage
Free Trade Agreements (FTAs): Challenges & opportunities – Explained, pointwise
For 7PM Editorial archives, click HERE → Introduction The government seems to be resetting its position on trade policy. The Union commerce secretary recently said India would fast-track free trade agreements (FTAs) as the country needs to engage with the rest of the world. Since the world is moving towards bilateral and regional trade arrangements, such deals… Continue reading Free Trade Agreements (FTAs): Challenges & opportunities – Explained, pointwise
Welcome rethink on FTAs
Source: Business Standard Relevance: Significance of International trade to Indian Economy Synopsis: Increasing exports is important criteria for India’s sustained economic growth in the future. Context The government seems to be resetting its position on trade policy. The Union commerce secretary recently said that India would fast-track free trade agreements (FTAs) as the country needed… Continue reading Welcome rethink on FTAs
