At a time when New Delhi is beginning to not just ‘Look East’ but also ‘Act East’, and when parallel integrative processes are underway globally, including the ASEAN-led process, the incipient China-led process and the U.S.-led TTP, India and ASEAN could together produce a brilliant new era of Asian integration
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Regulations are the new focus of economic statecraft. Their increasing importance is reflected in the negotiations on global financial standards, plurilateral trading rules, and regional economic unions.
The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.
The Trans-Pacific Partnership may not prove the force stability many assume.
Do the TPP and the proposed India-EU trade deal extend protection of IPR, delaying generic competition for life-saving drugs and keeping their prices high? While these and other possible implications for Indian consumers and pharma companies become clearer over time, India must robustly engage with the debate on trade deals and public interest
Although it is too soon to comprehensively analyse the Trans-Pacific Partnership agreement of October 5, it is worth assessing what is known. Here are the facts, the controversies, the assessments, and the implications for countries that are not part of the agreement, especially India.
Regional Comprehensive Economic Partnership is a strategic opportunity to create a more favourable geo-political environment in the region. If RCEP is to serve this purpose, it must be shaped so that it sets principles-based rules for managing international commerce and entrenches routine regional cooperation
Dr. Kanti Bajpai, Professor, Lee Kuan Yew School of Public Policy, Singapore, talks about the reasons for the breakdown in the India-U.S. bilateral. In an interview to Gateway House, he also examines the recent strides taken in deepening India-Japan ties and the new government’s priorities in East Asia
EconomyWatch republished an article written for Gateway House by Dr. Dan Steinbock on the Trans Pacific Partnership. Dr Steinbock says that while joining the TPP will energize India's trade, negotiating an entry may need concessions which may not be in its interests
Can India integrate more fully into the global economy and energise its trade by joining the Trans-Pacific Partnership? Or will negotiating an entry require significant concessions, not necessarily in India’s interests? These outcomes will depend on how TPP framework itself develops – inclusively or exclusively