Is Indias exports really gaining momentum from bilateral trade pacts?
Manish K. Pandey | The Dollar Business There has been a lot of confusion and an excessive display of concern (or rather distress!) lately about free trade agreements (FTAs) and their impact on Indian economy. In fact, on one hand, there are many who are happy that the ASEAN-India FTA in services and investment is getting closer to the finish line (Thailand's Ministry of Commerce has accepted the terms outlined in the region-wide accord), on the other hand there are critics who continue to question the viability of such regional trade pacts. Interestingly, the discord was more evident than ever at the National Council Meeting of the CII held recently in New Delhi. While the Commerce Secretary was of the view that "the ...
