Courtesy: Xinhua
With a massive, yet demanding middle class, the Chinese Communist Party needs a reliable source of cheap labor to continue to allow Chinese nationals to enjoy mass-produced daily products. step forward India, mass producer.
Courtesy: Wikipedia/Narendra Modi
Pressure for a unified public procurement framework is mounting on India from both within the country and internationally. While an integrated procurement structure is necessary, a broad policy architecture must precede the framing of any legislation
Courtesy: FIEO Hyderabad
India has used two-way trade targets as a proxy for judging the temperature of its key bilateral and plurilateral relationships. But a deeper understanding is needed of the extent to which physical targets can help accomplish qualitative objectives
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Finance minister Arun Jaitley’s 2015-16 Budget resonates only partially with Prime Minister Narendra Modi’s arc of economic diplomacy; it lacks strategic intent that could invest India with some geo-strategic heft in the years to come
Courtesy: MEA Flickr
Even as U.S. President Obama’s visit to New Delhi was high on optics critics suggest that the two governments have a long way to go before they achieve a mutually satisfactory partnership. However, the bilateral dialogue did show that both India and U.S. are becoming more comfortable in their engagement with each other
Gateway House speaks to Ujal Bhatia, Member, Appellate Body, World Trade Organisation, on the importance of economic diplomacy; India’s assertiveness during trade negotiations; the role of Indian business in the negotiation processes; the relevance of SAFTA; and on ways to boost intra-SAARC trade.
Courtesy: friendsofeurope/flickr
Chinese Premier Li Keqiang’s visit to India is likely to include an empty shopping basket of opportunities that keep domestic Chinese consumers content. Mr. Li should encourage Indian companies to fill that Chinese consumer need, and additional concessions may, if handled correctly by India, be sought as a result.
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The fifth BRICS summit will take place from 26-27 March with South Africa - a late entrant to the grouping - playing host. Although sceptics have questioned the salience of this bloc, the group is essentially a work in progress. Expectations, therefore, must be modest and pragmatic.
Ambassador R. Vishwanathan blogs about the current trajectory of the Mexican economy, and explains why it's likely that Mexican-made products will overtake Chinese-made products in the U.S. market, by 2018.
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As negotiations on the India-EU Free Trade Agreement (FTA) continue in New Delhi, Akshay Mathur and Bob Dowling write in the Financial Times and analyse the relevance and impact an FTA would have on both parties. Can creative methods be implemented to break the current deadlock in negotiations?
