1. INDIA AND MEGA-REGIONAL TRADE AGREEMENTS.
- Author
-
SAHU, BASANTA K. and SURABHI, SOUMYA
- Subjects
COMMERCIAL treaties ,GLOBALIZATION ,BUSINESS partnerships ,CONTRACTS ,ROAD maps - Abstract
Due to rapid globalisation the processes through which goods and services are produced and consumed have been developing at a fast pace. Given the changing patterns of global trade, many countries have become more active in negotiating regional trade agreements. While there is visible overlapping of trade agreements across the world, new mega-regional trade agreements now occupy centre stage, diversely benefitting trading nations. This paper discusses India's participation in and the likely effects of some mega-regional trade agreements with a focus on the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership. Based on in-depth analyses, the authors highlight some major impacts of the evolving trade agreements and offers time bound roadmaps for Indiato benefit from them. [ABSTRACT FROM AUTHOR]
- Published
- 2017