Last Updated : Jan 28 2013 | 2:26 AM IST
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| A comprehensive economic cooperation agreement with Singapore is in train. The Bangkok Agreement has a new signatory (China). Various other acronyms of alphabet soup are stalking the corridors of commerce and external affairs ministries.
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But what really are FTAs, or, more generally, preferential trading arrangements (PTAs)? How do they affect cross-border trade? Are they good or bad for us? Can they substitute for freer, non-discriminatory multilateral trade? These are important questions for which the answers are not always crystal clear. But let
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www.business-standard.com or the Business Standard newspaper
First Published: Oct 28 2003 | 12:00 AM IST
