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India and MFN advantage: The actual trade off.

Authors :
Marianand, N.
Bharathi, R.
Udayanan, Madhanrajan
Manoharan, Geetha
Rajesh, Gunaseelan Alex
Ashtikar, Sunitha Purushottam
Source :
AIP Conference Proceedings. 2024, Vol. 2971 Issue 1, p1-6. 6p.
Publication Year :
2024

Abstract

India as a strong export-oriented nation for agricultural exports next to China and few other nations has always proved to be vibrant. The trade barriers and import restrictions to promote the local economic welfare has always been a rigid path for India in the past year and even now. Apart from all these trade blocks, how far India has utilized its free trade, regional trade and MFN advantage to promote its exports. This study was an attempt to identify the status of MFN advantage for India for the top exporting nations. This was study was propelled to identify the RCA products' position in the MFN criteria. It was revealed that India has absolute trade advantage with the use of MFN, but it was utilized moderately to the tune of 68% and underutilized to the rest. India can seek the possibility to improve its exports through the MFN advantage in the near future. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0094243X
Volume :
2971
Issue :
1
Database :
Academic Search Index
Journal :
AIP Conference Proceedings
Publication Type :
Conference
Accession number :
177675636
Full Text :
https://doi.org/10.1063/5.0195956