Courtesy: Reuters
The India-UK Free Trade Agreement comes amidst increasing economic uncertainty caused by the Trump administration’s reciprocal tariff policies. The FTA has revitalised previously lethargic discussions for India to conclude FTAs between like-minded countries. An India-EU FTA, along with the India-UK FTA, may reform global rule-making on international trade and perhaps even revive the WTO.
Courtesy: Gateway House
Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.
Courtesy: Investopedia
The Bank of England was in the news because of the ‘gold squeeze’- traders moving gold from London to New York to profit from the price arbitrage. An informal version of this is taking place between Bangladesh and India.
Courtesy: South Asian Voices
The UK has been admitted to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership or CPTPP, a significant step forward for its efforts in achieving its Brexit goals. The benefits will be more strategic than economic, as it gives the UK a place in the new ‘Atlantic-Pacific’ region.
Courtesy: Deccan Herald
The eighth round of talks for the proposed India-UK free trade agreement is scheduled in New Delhi in March 2023. Both countries stand to make significant gains from a comprehensive agreement covering tariffs, sustainable growth, SMEs, data flows, and intellectual property. This article reviews motives for the India-UK agreement, the economic gains, contentious negotiation issues and win-win solutions.
Courtesy: Gateway House
Gateway House is the only institution in India that has hosted official and independent meetings under the annual G20 process since 2015. In October 2022, Gateway House initiated an independent G20 Task Force on Energy Transitions and Climate Finance, the first task force of India's G20 Presidency of 2023. In this compendium of reports, Gateway House assesses and includes its engagement with this influential multilateral through task forces, research and meetings of the last nine G20 Presidencies.
Courtesy: India Briefing
Trade-shy India is now energetically embarking on a series of trade agreements to boost exports, remove barriers for skilled Indian professionals and secure imports of essential raw materials for manufacturing growth. New trade agreements signed with Australia, the UAE and soon the U.K. will be templates for more to come.
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Courtesy: Gateway House
Discontent over high energy prices, spiralling living costs, and anti war sentiments have gripped Europe, resulting in protests and civil unrest across the continent. With no immediate solution in sight, public resentment is likely to intensify through the coming winter months
Courtesy: Economic Times
India is stepping into a new era of free trade agreements in the midst of turbulent global waters that bring both risks and opportunities. A fragile global recovery can dampen demand for India’s goods, but it can also attract medium and high-tech manufacturing sectors leaving China, benefit from technology and skill transfer from abroad and lay a strong foundation for growth.
Courtesy: Getty Images
Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.