cover image: V.S. Seshadri     - Volume VII, Issue 23

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V.S. Seshadri - Volume VII, Issue 23

25 May 2022

DPG is deeply committed to the growth of India’s national power and purpose, the security and prosperity of the people of India and India’s contributions to the global public good. [...] • What is evident in the IAECTA is the apparent understanding between the two countries to show some accommodation towards the special interests of each party towards the other – education services in respect of Australia and IT and IT-enabled services in the case of India. [...] VII, Issue 23 | 8 Fresh approaches seen in India’s two new FTAs Government Procurement • The inclusion of commitments on government procurement in a separate chapter in the IUCEPA, and an indication in the IAECTA that there will be a chapter on it in the eventual comprehensive agreement with Australia, perhaps constitute the most significant markers and shifts in India’s policy towards FTAs. [...] Digital Trade • Another marker is the inclusion of a chapter in the IUCEPA on digital trade and the indication in the IAECTA that there will be a separate chapter on this subject in the eventual comprehensive deal with Australia19. [...] Mandatory review of the agreement • While both the FTAs have provisions for periodic general reviews of the agreements, the IAECTA additionally provides for a more compulsory review of market access related aspects of the agreement on goods after 15 years of the agreement coming into force.

Authors

ICRIER-R

Pages
17
Published in
India