Amitendu Palit

Articles By Amitendu Palit

106 Articles

US-China trade deal: Damage done won’t be undone, further damage is being avoided

Notwithstanding the agreement, tariffs imposed by both sides on each other’s products during the last two years, continue. To that extent, the maximum comfort that can be derived from the deal is the signal that while the d

trade, us trade News

Return of import phobia in India! Failure of SEZs and a forceful comeback of the swadeshi ideas

Disengagement has... meant India not being involved in dialogues and discussions on the latest developments in global trade

India played an active role in establishing the WTO and formulating global trade rules. News

US-China trade deal: Deal offers nothing but superficial symbolism

It is unrealistic to assume the Phase-1 deal would end the US-China trade war, the underlying causes of which are systemic and linked to geopolitical rivalry.

China, us china trade war, trade war, us china trade deal, tariff war News

Why India must rethink RCEP stance

Nothing exemplifies the problems with India’s strategic vision on trade as much as the pullout from RCEP does.

Opinion News

RCEP: No competition please, this is India

The vision of making India a global manufacturing hub depends on getting access to global and regional production networks. For that, it needs FTAs like RCEP

RCEP, RCEP members, ASEAN Summit, FTA, Chinese imports, RCEP consumer markets, Indian industry, American milk imports,  News

Leveraging RCEP and the FTA with the USA

Decisions to conclude RCEP, and working out a trade deal with the US are examples of India making trade a decisive instrument, for both, economic and foreign policy goals

Exports appear to have become a priority for the government with the realisation that, reviving external demand is essential for lifting overall demand. News

How Brexit can change trade negotiations between India and UK

For India, and several other countries, negotiating trade deals with UK—distinct from EU—might imply greater negotiating flexibility and better prospects of meaningful outcomes.

It would be good if India seizes the opportunity to get going on a deal with UK that corresponds to its interests News

India can’t have a prominent voice in regional affairs by distancing from trade

India needs to import bulk consumer goods, and intermediates because of their insufficient availability, and higher prices. Even after tariffs, these imports remain competitive vis-à-vis domestic products.

There’s no denying that between the WTO’s rules-based global trade order, of which India has been a member since the beginning, and any other FTA, however large in scope, the former is the superior choice. (Representational image) News

Free trade agreements: India’s main challenge will come after RCEP

Concluding the RCEP is probably not as big a challenge for India, as making it useful is going to be. The toughest part of the deal is yet to be reached.

As India prepares to join the RCEP—and negotiators try hard to obtain a deal that would be as acceptable to a grudging industry as possible—the reality remains unchanged News

Japan-Korea trade war: History comes back to haunt bilateral ties

Trade wars appear to be becoming the norm rather than exceptions, and the new conflict between Japan and South Korea is set to worsen the effects of the US-China trade war

Japan Korea trade war, trade war, trade ties, financial express, financial express editorial, bilateral ties, Second World War, Korean peninsula, Korean independence, South Korea, Japan,  World Trade Organisation, WTO News

Explained: Why India is indeed a ‘tariff king’

There is very little by way of analytical comparison of tariff structures that would negate the impression of India being a high-tariff economy, at least among the emerging market developing countries

World Trade Organisation, US india trade, Donald Trump, WTO members, US products, high tariff economy, MFN status, india tariff, Relative market access News

India ditches data dialogue again

The sensitivity about protection of data is clearly not the main reason behind some developing countries staying away from global digital trade work programmes

One of the most profound truths to emerge over the last couple of decades is the sharp heterogeneity amongst the developing world. (Illustration: rohnit phore) News

India-US trade: Are we reaching a point of no return?

Restoring normalcy in India-US trade relations will need a strong dose of injection of trust.

india, us, india us trade, trade News

Why regional election results are good for RCEP

Many quarters are heaving sighs of relief as leaders familiar with each other have retained power; a great impetus for RCEP prospects

regional election results, RCEP, narendra modi, thailand, US China trade war, Indonesian Presidential election, Parliamentary elections in India, bjp, NDA, General Election Commission News

When countries use ‘security’ to restrict trade

Although the WTO has expressed its right to adjudicate security exceptions invoked by members under Article XXI of GATT, it remains to be seen whether WTO members, particularly major powers, accept this point of view.

Opinion News

Explained: RBI’s new data localisation rules and what’s missing

What is perhaps becoming increasingly clear is that the Supreme Court’s judgment has provided the framework for RBI and the DIPP to push hard on data nationalisation.

Opinion News

Why even heavy local data storage costs aren’t deterring US firms in India

Why aren’t the large costs of local data storage capacities deterring American payment system providers from operating in India? The answer is the size of the Indian market.

Opinion News

Why is India refusing to join WTO e-commerce talks

India remains opposed on the larger ground that such talks can obliterate progress on many pending issues on the DDA and on the more specific ground of e-commerce talks to be embedded in the WTO’s original digital trade age

Opinion News

Trade deficit: India meets its match in the US as both countries now looking for local

For the first time, however, India encounters a US trade administration that is determined to wipe out trade deficits. Such an attitude is much different from responding to challenges that are regulatory in nature, such as in

Opinion News

India took the right call on Huawei

A wider pool of companies participating in trials augurs well for the long-term prospects of 5G growth in India from both price and service efficiency perspectives.

huawei, huawei news, news now News

Trade war: India can gain in the long term – Here is how

While there is a case for increased agri-exports to China, India has healthy prospects when it comes to Chinese firms looking to relocate production.

Opinion News

Trade Wars: America’s new narrative on trade, security and connectivity resonates China’s ‘geopolitical’ BRI

The US security perspective on trade is not limited to blocking imports for reducing dependence on foreign products. It extends to securing greater global access for key US industries in major markets. This objective of the F

trade war, trade war news, latest news, News

US wants Free and Open India Pacific (FOIP) to counter China’s OBOR. But, is the American project good for India?

While advancing ‘Made in China’ is a core objective of the Belt and Road Initiative, ‘America first’ appears to be a similar objective for the Free and Open Indo-Pacific. This is hardly the way the FOIP can expect to

Opinion News

More disruptions ahead in global trade

The unpredictability of US trade policy make future trade patterns difficult to fathom

Opinion News

Indian trade is stuck in non-alignment

Till now, there is no detailed study available indicating the degree of ‘damage’ in terms of loss of jobs and income if imports increase

trade, economy News

Trade war: The risks are different for India

While India is a lesser evil than, say, China for the US as far as its role in contributing to the US’s global trade deficit is concerned, expect H1-B clamp down, closer IP scrutiny.

Opinion News

Trade war: The US scores own goal

US trade actions don’t note the complexity of modern trade in terms of its decentralised organisation across locations. Hitting a ‘made in China’ labelled item might end up inflicting more damage not on China, but on th

Opinion News
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