1. Editorial: Going beyond the WTO

Editorial: Going beyond the WTO

As RCEP shows, India trade talks are far from over

By: | Published: December 3, 2014 3:44 AM

Indian negotiators are understandably chuffed about the victory at the WTO, with the US agreeing to support India’s position on food subsidies. So, from a situation where India was seen as the spoiler when it came to the first deal the WTO was going to achieve—on trade facilitation—in two decades, India was seen as the hero. Not only did it stand up for the rights of developing countries such as itself, it managed to convince the US of the morality of its stance. While that is a great victory, life moves on and India’s trade negotiators are now confronted with that reality. There are, at the moment, two big trade negotiations going on. The first is the Trans-Pacific Partnership (TPP)—related to the TPP is the Transatlantic Trade and Investment Partnership, or TTIP—and the Regional Comprehensive Economic Partnership (RCEP). While India is not part of the TPP, the RCEP is a round of talks involving 16 countries which account for around 40% of global trade.

In neither of these trade rounds are standards going to be set by a multilateral body like the WTO; they are going to be based on mutual negotiations and any country that is not part of the negotiations has to opt out—it cannot, as in the WTO case, hold back negotiations for the rest. So, chances are, if India is to gain from the RCEP where China is the dominant player as the US is in the TPP, it will have to be prepared to make some major concessions in sectors that Indian negotiators have regarded as sensitive so far and have not been keen to open up. This could mean opening up certain sectors by cutting down on tariff barriers and, in the case of the TTIP, it could imply opening up new investment areas. All these negotiations are about, at the end of the day, creating global value chains and even if they are about trading, investments will flow in the same direction. And to deal with the implications of the trade/investment deals, India cannot afford to lose any more time in making its industry/services globally competitive.

  1. D
    David Smith
    Dec 4, 2014 at 3:18 am
    HIGHER TAXES (But, Not "NEW" taxes) to PAY for SECRET TRIBUNAL PENALTIES; NON Shareholders HAVE TO PAY. "COVETED" HONG KONG INVESTOR BUYS More GOLD? TPP, CETA, C-CIT SHAREHOLDERS & NON Shareholders AWAIT SUPREME COURT of CANADA'S, et al, FINDINGS, et al, to PROCEED. FINDINGS OF HIGHEST COURTS of the TPP & EU NATIONS DIFFER FROM CANADA'S, et al? HOW MUCH Are You SELLING Your RIGHT to SUE "The GLOBAL CORPORATE ECONOMY" For? "But, WILL INDIA, CHINA, The MUSLIM WORLD, et al, SUPPORT PUTIN (B.R.I.C.S., et al); The WHITE KNIGHT"? (CAN.) - As the establishment of branch corporations in other countries, etc. enables corporations to sue the NON shareholders of their "home" nation by claiming that the suits were initiated by the foreign signatories to the trade treaties/"arrangements", it will be good for, not only the NON shareholders of the enterprises that will be generated by the on-going global "cooperation" of corporate treaties, agreements, partnerships, et al, including the China - Canada Investment Treaty, The Trans Pacific Partnership, the EU - Canada CETA, but, for the potential shareholders, as well, who are quite interested to know if President Xi Jinping (China) will support Russia as a co-member of B.R.I.C.S. when President Putin uses his potential role as "The White Knight". And, while President Putin's potential support as “The WHITE KNIGHT” in the development of the CETAgreement, et al, litigation below can dramatically off-set the hundreds of billions of dollars due to the present & future sanctions leveled by American led, et al, corporations & financial insutions via their governments' signing their global corporate economic treaties/”arrangements”, and the potential for making trillions of dollars for the Russian economy over the next 30 - 40 years & beyond, are the citizens (SHAREHOLDERS & NON shareholders) of Germany & AN just being prudent in wanting to wait (not-so "fast track") for the outcome of: 1) the submission to The SUPREME COURT of CANADA & the highest courts of the EU & Trans Pacific nations, et al, to make their findings regarding “The Submission”: "The SHAREHOLDERS & Corporations of AMERICA, et al v the harmless NON shareholders of Canada, both; Native & Non Native, et al"? and 2) "The MERKEL (Chanc. Germ.) Letter; To Sue, or, Be Sued”? (see; davidehsmith.wordpress) Have the federal representatives of the nations that are the potential signatories of CETA, TPP, et al, willingly provided the NON shareholders of China, Canada, Europe, the Trans Pacific nations, et al, with the aforementioned information? Are the federal representatives, et al, depriving the NON shareholders of Canada, et al, of the due diligence information that enables the family of the NON shareholders of Canada, et al, to make informed decisions regarding their financial planning? And, would a reasonable person conclude by a preponderance of the evidence, &/or, beyond a reasonable doubt, that these doents, et al, demonstrate that the SHAREHOLDERS of AMERICA, CANADA , the EU & Trans Pacific nations, et al, really do not care which NON shareholders pay them the punitive penalties, etc., by way of their secret (“Death-Star Chamber”) TRIBUNALS, as long as its not the SHAREHOLDERS who pay & not their corporations regardless of which country the corporations: 1) operating from, 2) maintain their headquarters, 3) use to do their cyber banking, accounting, "taxation", etc. & 4) et al? And, re; the CHINA – Canada Investment Treaty, is it understandable why the “coveted” Hong Kong investor & his ociates are “concerned” with the aforementioned findings of The SUPREME COURT of CANADA, et al, & the effects of the findings, et al, on the EU, AMERICA, the Trans Pacific nations, et al, treaties with CHINA, et al? In regard to arms s; how about the of arms (non nuclear) in general in regard to the "trade" treaties that are continuing to be secretly negotiated and how will the Tribunals, both; B.R.I.C.S. & non BRICS, adjudicate, decide & penalize the NON SHAREHOLDERS for the of legitimate, semi- legitimate & "illegal" s of arms within the signatories nations & the those of others, &/or, unaligned? Of particular interest is China, which does have an treaty with Canada, which puts China "at odds" with other arms manufacturing & nuclear powers that it (China) does not have any "arrangements" with. Are these types of questions that your politicians & the corporate lobbyists calls "forget-me-nots" ("Buyer Beware") that will be (maybe) worked out after the fast tracked signatures are obtained? And, what do you think is the significance of the line in The Submission to The Supreme Court of Canada “...And, lest one forgets that the revelation of the present perilous international treaties/”arrangements” began with the regard for the rights of Native Canadians as per the Treaties/”arrangements” that corporate Canada & the Government of Canada have “foisted” upon Native Canadians...”? What are the various ways that this line will cost the SHAREHOLDERS, et al? On the other hand, it may be worth repeating, "What the TREATY of VERSAILLES was to the 20th century (WWII) PALES in COMPARISON to the TPP, CETA, C-CIT, NAFTA, et al, in the 21st". (US Military Establishment "Shadenfreude" {Germ.}?) And, how will YOUR submission to YOUR highest court IMPROVE upon The Submission that is presently before The Supreme Court of Canada? David E.H. Smith - Researcher - “Qui tam..." ****** Please consider sharing the above info, questions & address for other articles (davidehsmith.wordpress) with 10 of your family members, friends & ociates who will hopefully share it with 10 more in the Muslim World, CHINA, AN & Europe (particularly; Spain, Greece, Italy, France, Portugal...). ****** For more Information & Questions re; The Relationship between Human (Nature) Rights & Economics by way of the CET Agreement, the C-CI Treaty, the TPP, et al, and The WAD Accord & List of RECENT ARTICLES, LETTERS & NOTIFICATIONS by DEHS, see; davidehsmith.wordpress
    Reply
  2. D
    David Smith
    Dec 3, 2014 at 1:35 pm
    SECRET TPP, CETA, et al, GLOBALIZES WALL ST.'s UNREGULATED TRANSGRESSIONS? TOO Big, BigGER, BIGGEST to be "ALLOWED" to FAIL? HOW to DISCOURAGE CORPORATE USA, et al, "Need" to FLEECE NON-Shareholders & GLOBALLY EXPAND $17 Trillion DEBT. HIGHER TAXES (But, Not "NEW" taxes) to PAY for SECRET TRIBUNAL PENALTIES; NON Shareholders HAVE TO PAY. "COVETED" HONG KONG INVESTOR BUYS More GOLD? "But, WILL The MUSLIM WORLD, INDIA, CHINA, et al, SUPPORT PUTIN (B.R.I.C.S., et al); The WHITE KNIGHT"? Very LUCRATIVE INCOME more than OFF-SETS US led SANCTIONS; MERCANTILISM at its "BEST"? Mohammad Javad Larijani, Iran's Sec-Gen High Council Human Rights to Consider The W.A.D. Accord? TPP, CETA, C-CIT SHAREHOLDERS & NON Shareholders AWAIT SUPREME COURT of CANADA'S, et al, FINDINGS, et al, to PROCEED. FINDINGS OF HIGHEST COURTS of the TPP & EU NATIONS DIFFER FROM CANADA'S, et al? HOW MUCH Are You SELLING Your RIGHT to SUE "The GLOBAL CORPORATE ECONOMY" For? (CAN.) - As the establishment of branch corporations in other countries, etc. enables corporations to sue the NON shareholders of their "home" nation by claiming that the suits were initiated by the foreign signatories to the trade treaties/"arrangements", it will be good for, not only the NON shareholders of the enterprises that will be generated by the on-going global "cooperation" of corporate treaties, agreements, partnerships, et al, including the China - Canada Investment Treaty, The Trans Pacific Partnership, the EU - Canada CETA, but, for the potential shareholders, as well, who are quite interested to know if President Xi Jinping (China) will support Russia as a co-member of B.R.I.C.S. when President Putin uses his potential role as "The White Knight". And, while President Putin's potential support as “The WHITE KNIGHT” in the development of the CETAgreement, et al, litigation below can dramatically off-set the hundreds of billions of dollars due to the present & future sanctions leveled by American led, et al, corporations & financial insutions via their governments' signing their global corporate economic treaties/”arrangements”, and the potential for making trillions of dollars for the Russian economy over the next 30 - 40 years & beyond, are the citizens (SHAREHOLDERS & NON shareholders) of Germany & AN just being prudent in wanting to wait (not-so "fast track") for the outcome of: 1) the submission to The SUPREME COURT of CANADA & the highest courts of the EU & Trans Pacific nations, et al, to make their findings regarding “The Submission”: "The SHAREHOLDERS & Corporations of AMERICA, et al v the harmless NON shareholders of Canada, both; Native & Non Native, et al"? and 2) "The MERKEL (Chanc. Germ.) Letter; To Sue, or, Be Sued”? (see; davidehsmith.wordpress) Have the federal representatives of the nations that are the potential signatories of CETA, TPP, et al, willingly provided the NON shareholders of China, Canada, Europe, the Trans Pacific nations, et al, with the aforementioned information? Are the federal representatives, et al, depriving the NON shareholders of Canada, et al, of the due diligence information that enables the family of the NON shareholders of Canada, et al, to make informed decisions regarding their financial planning? And, would a reasonable person conclude by a preponderance of the evidence, &/or, beyond a reasonable doubt, that these doents, et al, demonstrate that the SHAREHOLDERS of AMERICA, CANADA , the EU & Trans Pacific nations, et al, really do not care which NON shareholders pay them the punitive penalties, etc., by way of their secret (“Death-Star Chamber”) TRIBUNALS, as long as its not the SHAREHOLDERS who pay & not their corporations regardless of which country the corporations: 1) operating from, 2) maintain their headquarters, 3) use to do their cyber banking, accounting, "taxation", etc. & 4) et al? And, re; the CHINA – Canada Investment Treaty, is it understandable why the “coveted” Hong Kong investor & his ociates are “concerned” with the aforementioned findings of The SUPREME COURT of CANADA, et al, & the effects of the findings, et al, on the EU, AMERICA, the Trans Pacific nations, et al, treaties with CHINA, et al? In regard to arms s; how about the of arms (non nuclear) in general in regard to the "trade" treaties that are continuing to be secretly negotiated and how will the Tribunals, both; B.R.I.C.S. & non BRICS, adjudicate, decide & penalize the NON SHAREHOLDERS for the of legitimate, semi- legitimate & "illegal" s of arms within the signatories nations & the those of others, &/or, unaligned? Of particular interest is China, which does have an treaty with Canada, which puts China "at odds" with other arms manufacturing & nuclear powers that it (China) does not have any "arrangements" with. Are these types of questions that your politicians & the corporate lobbyists calls "forget-me-nots" ("Buyer Beware") that will be (maybe) worked out after the fast tracked signatures are obtained? And, what do you think is the significance of the line in The Submission to The Supreme Court of Canada “...And, lest one forgets that the revelation of the present perilous international treaties/”arrangements” began with the regard for the rights of Native Canadians as per the Treaties/”arrangements” that corporate Canada & the Government of Canada have “foisted” upon Native Canadians...”? What are the various ways that this line will cost the SHAREHOLDERS, et al? On the other hand, it may be worth repeating, "What the TREATY of VERSAILLES was to the 20th century (WWII) PALES in COMPARISON to the TPP, CETA, C-CIT, NAFTA, et al, in the 21st". (US Military Establishment "Shadenfreude" {Germ.}?) And, how will YOUR submission to YOUR highest court IMPROVE upon The Submission that is presently before The Supreme Court of Canada? David E.H. Smith - Researcher - “Qui tam..." ****** Please consider sharing the above info, questions & address for other articles (davidehsmith.wordpress) with 10 of your family members, friends & ociates who will hopefully share it with 10 more in the Muslim World, CHINA, AN & Europe (particularly; Spain, Greece, Italy, France, Portugal...)? ****** For more Information & Questions re; The Relationship between Human (Nature) Rights & Economics by way of the CET Agreement, the C-CI Treaty, the TPP, et al, and The WAD Accord & List of RECENT ARTICLES, LETTERS & NOTIFICATIONS by DEHS, see; davidehsmith.wordpress
    Reply
  3. I
    Indra P.
    Dec 3, 2014 at 7:16 am
    What Mr. Rajan is talking makes a lot of sense. He has been successful in reigning in inflation-not a mean achievement. Let us see for long he would be able to withstand pressure from politicians who are in control of government.
    Reply

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