中文摘要 |
India mostly depended on a multilateral trade route to secure export growth during the first decade of WTO. However, given the slow progress of the Doha Round after the Cancun Ministerial, India's dependence on regional trade agreements (RTAs) increased. India's adverse merchandise trade balance vis-à-vis China and several other ASEAN countries, has led it to focus on alternative routes, the primary being comprehensive economic cooperation / partnership agreements (CECAs / CEPAs) with its East and Southeast Asian neighbours, e.g., ASEAN, Japan and South Korea. Japan, South Korea and Singapore can emerge as major providers of FDI to India and also offer a vibrant market for Indian professional service exports. India has already attempted to forge ties with these countries through comprehensive trade agreements, which cover merchandise and services trade as well as investment collaboration. This paper attempts to understand the benefits for India from the deepened trade relations with East and Southeast Asian economies. The analysis concludes that India needs to augment its competitiveness through a simultaneous process of coordinated efforts and signing comprehensive trade and investment agreements with its East and Southeast Asian trade partners. |