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India’s Involvement in Regional Trade Agreements: Is it a Second Best Strategy?

Author

Listed:
  • Nag, Biswajit
  • Chakraborty, Debashis

Abstract

There is no systematic evidence that ‘trade creation’ will always outweigh the ‘trade diversion’ effect while countries are engaged in regional trade agreements (RTAs). Despite that countries are now rapidly engaged in various RTAs which include even partners beyond their own region. India’s engagement in various RTAs may be due to the effect of ‘competitive regionalism’ which is apparent in Asia-Pacific region or alternatively shaping up the strategy of reducing MFN rate. Moreover, India is taking up RTA route to push exports of service sector as well. The current analysis makes an attempt to assess nitty-gritty of RTAs where India is involved and explore its strategy in details considering its regional preference, timeline, product coverage etc.

Suggested Citation

  • Nag, Biswajit & Chakraborty, Debashis, 2007. "India’s Involvement in Regional Trade Agreements: Is it a Second Best Strategy?," MPRA Paper 4596, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:4596
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    File URL: https://mpra.ub.uni-muenchen.de/4596/1/MPRA_paper_4548.pdf
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    References listed on IDEAS

    as
    1. Rajesh Mehta, 2005. "Non-tariff Barriers Affecting India’s Exports," Trade Working Papers 22116, East Asian Bureau of Economic Research.
    2. Debashis Chakraborty, 2007. "IBSAC (INDIA, BRAZIL, SOUTH AFRICA, CHINA): A Potential Developing Country Coalition in WTO Negotiations," Working Papers id:958, eSocialSciences.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    RTA; Economic Integration; India;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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