The future of global trade is being negotiated at the 11th Ministerial Conference (MC11) in Buenos Aires, Argentina, this week, from December 10-13.
Only time will tell. But at the moment, China is on course to becoming world’s largest economy, with or without Quad, before 2030
While India is one of the fastest growing economies in the world, a key factor obstructing its growth and development is the lack of world-class infrastructure.
Given there is still the danger that TPP could be revived, it is only apt that India reforms its domestic economy
The rise of protectionist trade and investment measures, particularly by the Donald Trump administration in last six months, could affect demand and investment flows, and cut economic growth over medium-to-long term.
While trade policies in the West are in a flux, Asia continues to forge ahead with both mega-regional and bilateral deals.
Despite Chinese dominance in Sri Lanka, India has managed to make its own mark
Two events that have significantly altered the discourse on world trade, especially in the Asia-Pacific region, are the Brexit and the US President Donald Trump denouncing the 12-member Trans-Pacific Partnership (TPP) early this year.
India’s ties post-Brexit will depend on the UK’s willingness to accept movement of labour.
Long term investments may get affected by the new BIT, which is more in favour of India’s interests
Since Jim O’Neill coined the phrase BRIC back in 2001, the grouping has come a long way, from being formalised in 2009 to the incorporation of South Africa.
If Euro-realism gathers momentum, the conclusion of TTIP could be a reality soon
Both the EU and the UK have a long road ahead. The future of the UK is bleak at the moment, with financial markets in turmoil and stocks plummeting, but the nation is confident it is only a matter of time before it regains its lost glory
The EU-India FTA (free trade agreement) negotiations have been ongoing for more than nine years.
India has to refrain from holding extreme positions and reverse the perception of it being a tough negotiator obstructing talks
The agenda of a G20 summit is generally set by the country holding the chair.
Infrastructure policy needs consolidation, starting from approval to implementation, apart from an institutional mechanism for fair pricing and competition
The recent competitive devaluation of major currencies, particularly by Asian emerging markets, raises the risk for the country’s external sector
IAFS-III will highlight the government’s vision for cooperation with the fastest growing region in the world
Despite being one of the fastest growing regions, South Asia continues to remain the most disconnected region in the world.
There is no substitute to export-led growth. It is a welcome relief that economic reforms on the trade front are back on track
It is important to ensure the land acquisition Bill gets implemented at the earliest and the issue is not further politicised