IDEAS home Printed from https://ideas.repec.org/p/bdc/ppaper/19.html
   My bibliography  Save this paper

Time for a Reset: Aligning India's Trade Negotiations Strategy with its 'Vikas Bharat' Vision

Author

Listed:
  • Rajesh Aggarwal

    (Indian Council for Research on International Economic Relations (ICRIER))

Abstract

India's stance in World Trade Organization (WTO) negotiations has long been characterized by a cautious approach, marked by resistance to expanding the negotiating agenda. The country has consistently avoided discussions on new issues such as e-commerce, climate change, and investment facilitation. This reluctance has sometimes earned India the label of a “spoiler” in international trade talks. India's trade negotiations strategy must keep pace with its desire to building a technology-driven economy and enhancing its global role, as outlined in its vision for "Viksit Bharat 2047". While safeguarding policy flexibility remains crucial for traditional sectors like agriculture and fisheries, India's status as a rising economic power—the world's fifth-largest economy—requires a different approach. To fully tap into emerging fields like the digital economy and high-tech manufacturing, India must actively engage in WTO discussions. It is in India's own interest to play a constructive role in shaping the evolving global regulatory framework in an era characterized by geoeconomics, disruptive technologies and environmental sustainability

Suggested Citation

  • Rajesh Aggarwal, 2024. "Time for a Reset: Aligning India's Trade Negotiations Strategy with its 'Vikas Bharat' Vision," Indian Council for Research on International Economic Relations (ICRIER) Policy Paper 19, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    • Handle: RePEc:bdc:ppaper:19
    as

    Download full text from publisher

    File URL: https://icrier.org/pdf/Policy_Brief_19.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdc:ppaper:19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chhaya Singh (email available below). General contact details of provider: http://www.icrier.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.