ISDS Case Map
India
Governments are shifting from investor-state dispute mechanisms to treaties that encourage and ease investment.
India is likely to ask for a three-year exemption for its micro, small and medium enterprises from a proposed mandatory tariff on carbon-intensive imports in talks on a free trade deal with European Union negotiators
The government said 13 IPEF (Indo-Pacific Economic Framework for Prosperity) bloc members have signed fair and clean economy agreements, while India will ink the deal after getting domestic approval.
The negotiations are complete, and the signing is expected after the formation of a new central government soon in India.
India and the European Union (EU) will resume talks for a free trade agreement (FTA) with the eighth round slated to start on 23 June, two people aware of the matter said.
As debt pressures rise, South Asia's economic strategies are increasingly revolving around FTAs. The frenzy, however, is not only reshaping the region's trade dynamics, but also a wide array of national legal frameworks, from labour rights to agriculture policies.
Georgia has formally approached the government of India to initiate negotiations toward a bilateral free trade agreement, according to a knowledgeable source.
The Commerce Department is working on finetuning the strategy and position to be adopted for negotiating free trade agreements, including tackling of contemporary issues such as labour, environment and gender, to have optimum results.
India has a trade surplus of £7.4 billion. There are 26 chapters in the FTA, which include goods, services, investments and intellectual property rights.
Maldivian Minister Mohamed Saeed has said that India has initiated efforts to create a Free Trade Agreement with the island nation, and discussions on the same are ongoing.
