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Trade Negotiations

The Indo-Pacific Economic Framework for Prosperity (IPEF) negotiations have mostly been conducted in secrecy with limited public input and it raises concerns whether the member countries, including India, were able to protect their key interests, think tank GTRI said on Sunday. The 14-member IPEF bloc was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23, 2022, in Tokyo. Together, they account for 40 per cent of the world's economic output and 28 per cent of trade. The framework is structured around four pillars relating to trade, supply chains, clean economy and fair economy. India has joined all the pillars except the trade. Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the US, and Vietnam are members of the bloc. The countries have signed pacts on supply chains, clean economy, and fair economy so far. India signed the clean and fair economy pacts on ...

Updated On: 22 Sep 2024 | 6:07 PM IST

Both nations had signed the interim trade deal, also known as India-Australia Economic Cooperation and Trade Agreement (ECTA) that came into force on December 29, 2022

Updated On: 21 Jun 2024 | 12:11 AM IST

The commerce ministry held deliberations with experts, former officers and senior officials from different departments on framing a standard operating procedure for free trade pacts and other related issues under these agreements, an official release said on Tuesday. The commerce ministry in the release stated that the 'Chintan Shivir' was organised on May 16-17 at Neemrana, Rajasthan. "The Shivir facilitated discussions on various issues related to negotiations of Free Trade Agreements (FTAs) by India, its position and strategy that should be adopted for such negotiations," the ministry said. The participants also deliberated on standard operating procedures (SoP) for FTA negotiations, capacity building and resource management for trade negotiations as well as certain contemporary issues under modern FTAs such as labour, environment, and gender. It said that Commerce Secretary Sunil Barthwal spearheaded the deliberations which sought to chart a strategic course for India's future

Updated On: 28 May 2024 | 6:04 PM IST

The 13th Ministerial Conference (MC) will be held from February 26-29 at Abu Dhabi, United Arab Emirates (UAE)

Updated On: 07 Feb 2024 | 11:33 PM IST

Economists said a comprehensive trade deal with Australia was a step in the right direction

Updated On: 14 Feb 2023 | 11:17 PM IST

"Assuming a successful conclusion to the trade negotiations, India should seek deeper integration into European supply chains, presenting itself as an alternative to China," he said.

Updated On: 24 Jun 2022 | 10:46 PM IST

The negotiations should be complete within 30 days, Goyal told a joint news briefing with Australian Trade Minister Dan Tehan

Updated On: 11 Feb 2022 | 8:01 PM IST

Minister bats for 'much larger engagement' like a bilateral trade agreement

Updated On: 22 Oct 2019 | 1:02 AM IST

It is time India deviates from the WTO-dominated consensus approach to trade negotiations, and adapts to the new landscape dominated by global value chains and mega-regional agreements

Updated On: 24 Sep 2016 | 9:10 PM IST