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INDIA TO CHAIR UNCTAD’S 9TH SESSION OF THE INTERGOVERNMENTAL GROUP OF EXPERTS ON CONSUMER PROTECTION Why in the News? Global Leadership: India is chairing the 9th Session of the Intergovernmental Group of Experts (IGE) on Consumer Protection Law and Policy at UNCTAD in Geneva, Switzerland. Key Development: The session will witness the launch of the …
Read MoreFOUR CHALLENGES THAT DEMAND ATTENTION IN INDIA’S FTAs Why in the News? India–Oman Comprehensive Economic Partnership Agreement (CEPA) came into effect on 1 June, expanding India’s network of Free Trade Agreements (FTAs) and enhancing international trade opportunities. India currently has 15 FTAs covering 27 countries, while 9 additional trade agreements with 42 countries are under …
Read MoreINDIA–NEW ZEALAND FREE TRADE AGREEMENT Why in the News? Major trade pact: India and New Zealand signed a Free Trade Agreement (FTA) aimed at boosting trade, investment and mobility. Historic milestone: Agreement termed “historic” and among the fastest negotiated FTAs by India, with talks concluded within 2025. Key features of the FTA Tariff liberalisation: New …
Read MoreIndia Opposes WTO Investment Deal Amid Isolation Risk Why in the News ? Ahead of the 14th WTO Ministerial Conference (MC14) in Cameroon, India is opposing the China-backed Investment Facilitation for Development (IFD) Agreement, risking diplomatic isolation as over 128 WTO members support it, raising concerns about multilateralism and equity. India’s Opposition to IFD Agreement: …
Read MoreINDIA LIKELY TO OPPOSE PERMANENT WTO MORATORIUM ON E-TRANSMISSION DUTIES Why in the News? WTO Negotiations: India set to oppose US proposal for permanent moratorium on customs duties on electronic transmissions. Policy Divide: Issue to be discussed at WTO Ministerial Conference (MC14) amid developed–developing country differences, reflecting broader debates on sustainable development and pollution free …
Read MoreAFTER THE APPLAUSE: IMPLEMENTING THE INDIA–EU TRADE PACT Syllabus: GS-2:International Treaties & Agreements, Important International Institutions GS-3:Climate Change ,Sustainable Development WHY IN THE NEWS ? India and the European Union have concluded negotiations on a comprehensive free trade agreement, termed the “mother of all deals.” While political endorsement has generated optimism, attention has shifted to …
Read MoreIndia–Oman CEPA Boosts Trade And Labour Mobility Why in the News? India and Oman signed a Comprehensive Economic Partnership Agreement (CEPA) granting near-complete duty-free market access to Indian exports and enhanced labour mobility, marking India’s second trade pact with a GCC country after the UAE. This agreement also addresses concerns related to environmental impact assessment …
Read MoreIndia’s Strategic Autonomy in Russian Oil Trade Syllabus: GS-2: Groupings & Agreements Involving India and/or Affecting India’s Interests, Regional Groupings, Bilateral Groupings & Agreements Why in the News? India’s continued import of Russian crude oil amid U.S. and E.U. pressure has become a litmus test for its strategic autonomy. With Western nations urging India to …
Read MoreHOW BRICS IS CHALLENGING SWIFT Syllabus: GS-2: Bilateral, Regional and Global Grouping and agreements involving India. Why in the News? The BRICS grouping — Brazil, Russia, India, China, and South Africa, along with new members such as Iran — is advancing efforts to challenge Western financial dominance through initiatives like BRICS Pay, a proposed cross-border …
Read MoreEU’s Green Protectionism and India’s Trade Challenge Syllabus: GS-1 : Effects of Globalization on Indian Society GS-2: Regional Groupings , Bilateral Groupings & Agreements , Groupings & Agreements Involving India and/or Affecting India’s Interests Why in the News ? As India and the European Union (EU) near the conclusion of their Free Trade Agreement (FTA) …
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