International Trade - Analysing India’s potential free trade agreements with the UK and the EU – Part 2

In the first part of this series (read here), we analysed the prospects and challenges of a potential free trade agreement (FTA) between India and the UK, as a precursor to which, the governments of India and the UK agreed on an Enhanced Trade Partnership last month. Around the same time, the EU also agreed to restart negotiations on a potential FTA with India. In this second part, let’s discuss the prospects and challenges of a potential FTA between India and the EU.
Continue Reading International Trade: Analysing India’s potential free trade agreements with the UK and the EU – Part 2

Analysing India’s potential free trade agreements with the UK and the EU – Part 1

Last month, the UK and the EU separately announced their intention to negotiate a free trade agreement (FTA) with India. This is a significant development, not only from an international trade perspective, but also from geo-politics perspective. For India, FTAs with the UK and the EU have the potential of integrating it with the dominant global value chain of trade, and for the UK and the EU, FTAs with India would not only provide them an enhanced access to one of the largest and fastest growing markets as well as manufacturing hubs in the world, ensuring supply chain resilience, but would also enhance their economic and political influence in the Indo-Pacific region.
Continue Reading Analysing India’s potential free trade agreements with the UK and the EU – Part 1

If news reports are to be believed, the coming years may well lead to an all-out “trade war” between the East and West. Though the battle lines are drawn, the motivations, interests and intent of the potential “warriors” will seal the fate.

While the scope of the “warfare” is hard to predict, solar cells are likely to be at the heart of it.

Solar cells are facing numerous trade remedy measures across various jurisdictions. And India is no exception.

In India, the Directorate General of Anti-dumping & Allied Duties (DGAD) initiated the first investigation into alleged dumping of solar cells in India back in 2012. The said investigation was initiated based on a complaint filed by Solar Manufacturers Association, which alleged that manufacturers from China, Taiwan, Malaysia and the USA were dumping solar cells in India.

Upon investigation, the DGAD found that solar cells were subject to dumping in India from the subject countries. It also found that such dumping was causing injury to the domestic industry in India especially in view of India’s energy requirements and the disparity between the global manufacturing capacity for solar cells and that of Indian manufacturers. Consequently, in 2014, the DGAD recommended to the Government of India that anti-dumping duties be imposed on the import of solar cells from the subject countries.


Continue Reading Anti-dumping Measures Against Solar Cells: Far from Over