Amitendu Palit

Articles By Amitendu Palit

122 Articles

China in CPTPP will change regional balance

This will allow the country to engage in commerce-as-usual with Japan, Canada, etc, no matter how bad political relations get. Besides, it can also block Taiwan from joining the trade pact

As an APEC member, China is justified in wishing to join a deal comprising 11 other APEC members. (Representative image)

Global travel can’t keep insisting on Covid vaccines

Countries must focus on expanding domestic vaccination to take care of any contraction threats from travellers

A simple solution for countries could be to allow travel on the basis of all vaccines approved by the WHO. The list will widen over time, enabling resumption of travel on a large scale.

No shot in the arm for vaccine equity

The closed vaccine value-chain geography prevents egalitarian distribution of vaccines. Such a possibility, which might have come from patent waivers, is becoming remote by the day

Fight Covid with compulsory licensing

If patents continue to determine global access to vaccines and drugs, then fighting Covid-19 will remain a distant dream for most countries

For India, there is little option other than authorising compulsory licences.

Vaccine passports: Not quite the best deal

Apart from fanning vaccine nationalism, this will also exacerbate the inequality between nations in terms of access to vaccine

For the travel industry, particularly airlines, shippers and tour operators, the administrative challenge of aligning with vaccine requirements of various destinations would mean huge increase in paperwork and procedures.

Balancing trade with China: More Chinese investment, taking advantage of local production incentives, can help build self-reliance

India has displayed policy maturity and pragmatism in recent weeks by reassessing the possibility of reviving Chinese investments in the economy.

India has displayed policy maturity and pragmatism in recent weeks by reassessing the possibility of reviving Chinese investments in the economy.

Why services talks hold key to India-UK bilateral trade agreement

The crux of the negotiations would be reciprocal market access in services. Both India and the UK have ‘offensive’ interests in services, given their structural similarities

The UK has been proactively pursuing trade deals with various countries after Brexit.

India’s challenges from the RCEP might have increased in spite of staying out of it

The trade deal will establish China’s dominance of trade With the ASEAN. If the Biden presidency is keen on CPTPP+US, it might be an opportunity for India to join the bloc


RSCI (Resilient Supply Chain Initiative): Trouble for RCEP?

The Resilient Supply Chain Initiative is an example of how regional supply chains might be repositioning in line with the emerging geopolitics post-Covid-19

India is unlikely to revisit the prospects of re-joining RCEP.

Singapore Elections: Pushing for political change that is supportive of stability is always welcome

Pushing for political change that is supportive of stability while expanding inclusiveness is always welcome for pluralistic societies and countries.

Indo-Pacific supply chains: A feasible idea?

For lead firms, cost of supply chain relocations from China, to more inefficient locations, would need to be compensated

Much of the prospects of supply chain relocation would depend on whether the synergies between the Chinese mainland, Hong Kong and Taiwan are obtainable elsewhere.

COVID-19’s costly trade-off: Unless lives are preserved, livelihoods become redundant

Coronavirus is ensuring the trade-off, especially for developing economies is significant, notwithstanding efforts to strike a balance

As it enters its fifth week, the possibility of the lockdown pushing individuals and households on the brink, deeper into the economic precipice, looks real and imminent. (Representative image)

Coronavirus pandemic: Hydroxychloroquine and the balance of trade

India’s decision to selectively allow export of hydroxychloroquine to countries badly affected by coronavirus as well as its neighbours in South Asia is a welcome step.

Covid-19: The lesson that the West needed for taking measures to prevent epidemics

Covid-19 is the lesson that the West needed for taking measures to prevent epidemics as seriously and effectively as natural disasters and climate change. The price for the realisation might, however, be too high

Viral Threat: Indian pharma catches China’s COVID sickness

The extent to which the Indian pharma industry is ‘Made in China’ is far too great to avoid the consequences of a long of the corona pandemic.

coronavirus, india, china, indian pharma industry

Global Economy: Is this coronavirus riskier than SARS?

China has acted fast by restricting movements of its people, particularly from Wuhan city and the Hubei province.

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

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.

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

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.

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, 

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.

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

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)

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

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

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
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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