Shantanu Singh / @shansebolo.bsky.social

The Australia-EU FTA Data Flows Obligations and Exceptions dlvr.it/TS9BpW

Put to him that $34b made for a very large commitment, McClay said: “You’ve seen the Indian HC come out and say it is an aspirational target. It is not one that’s fixed. She said that publicly a short while ago. “We are working through that at the moment and getting advice.”

Labour’s concern is that if New Zealand doesn’t fulfil this obligation, India could retrospectively revoke New Zealand exporters’ access to its market. [..] “We aren’t able to change the agreement. What we do have to do is look at what this [FTA] might mean in 15 years’ time.”

Labour is still mulling whether to back the India-NZ FTA [..] A sticking point continues to be a requirement for the Government to “promote” New Zealand private sector investment in India, with the aim of this climbing by US$20 billion over 15 years. nzherald.co.nz/business/india…

India’s trade performance with FTA countries assumes significance as New Delhi’s trade has deepened with preferential trading partners. The share of trade with FTA partners has increased significantly from 4.6% in 2006 to 28.8% in 2024,a more than six-fold rise, NITI reported.

Amid India’s aggressive push for global trade integration, existing FTAs are not translating to higher exports, as a Niti Aayog report showed that India’s exports to FTA partners contracted by 7% YoY during the Oct–Dec quarter of the last financial year. indianexpress.com/article/busine…

[They] said Indian exporters had regained pricing power and were no longer compelled to offer steep discounts. “Earlier, there was a differential tariff vis-à-vis other countries, hence we gave discounts. Now prices are back to normal, everybody is on the same footing,” he said.

The head of another EPC said that while buyers should ideally pass on part of the refund, many remain uncertain whether the Trump admin will follow through. “Some buyers have said that when we get it, we will see. Maybe some buyers will adjust it in subsequent shipments” he said.

An [Indian] apparel exporter said US buyers were unwilling to share any portion of the [IEEPA tariff] refund. “We had long discussions with the buyers, but they have refused to share the tariff refund with us. [..] business-standard.com/economy/news/i…

Easy: Noting that the India-Korea CEPA (2010) has not worked for India, Commerce Minister Goyal said, “I have suggested to my counterpart that we may even consider rewriting a new chapter, a completely new FTA, because it should be more contemporary. financialexpress.com/business/news/…

“FTAs can be concluded faster than BITs, which tend to take longer. The EU also wants to explore some aspects related to taxation and we are still negotiating there. Our broad policy remains that taxation should not be included in BITs,” the official said.

"Then there is MFN status, which they keep asking for. MFN is a trade concept, so why do we need it in a BIT? Neither side has taken up the [..] BIT [issue]” the official said. (Amusing line of argument; but not surprising in a personality-driven system? Of note @pranjan12781)

Much revamping: India and the UK have put a proposed BIT on the back burner amid disagreements over the UK's push for the MFN [clause] and tax concessions even as New Delhi continues negotiations with at least five other partners, including the EU and KSA. moneycontrol.com/news/business/…

À l’occasion du 80ème anniversaire de la séance inaugurale de la Cour Internationale de Justice, le 18 avril 1946, nous vous invitons à regarder la conférence suivante: legal.un.org/avl/ls/Pellet_…

Scrutinizing and Monitoring Trade Remedies, at the WTO and by Governments dlvr.it/TS7F3p