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Free Trade Arrangement Between India and Japan: An Exploratory Analysis

In: The Indian Economy Sixty Years After Independence

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  • Kaliappa Kalirajan
  • Swapan Bhattacharya

Abstract

One of the interesting events of the world economy over the past one and a half decade has been the phenomenal growth of regional trading agreements and significant increase in world trade emerging from these arrangements. The World Trade Organization (WTO) website informs that by July 2005, a total of 330 agreements have been concluded, of which 130 agreements were concluded prior to the inception of the WTO on 1 January 1995. Of the total regional trade agreements (RTAS) registered with the WTO, 188 are currently in force and there are 33 major regional trading blocs (RTBs) worldwide. Asia is not lagging behind other continents as far as the formation of regional blocs is concerned. As of now, there are 49 major sub regional and bilateral trade and cooperation agreements in the Asian region. All the RTAs registered with the WTO are either based on Article XIV of WTO or Article XII of the Enabling Clause.

Suggested Citation

  • Kaliappa Kalirajan & Swapan Bhattacharya, 2008. "Free Trade Arrangement Between India and Japan: An Exploratory Analysis," Palgrave Macmillan Books, in: Raghbendra Jha (ed.), The Indian Economy Sixty Years After Independence, chapter 8, pages 137-151, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-22833-7_8
    DOI: 10.1057/9780230228337_8
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    Cited by:

    1. Marie Sophie Peffenköver, 2021. "Congruence-building on multiple fronts: Indian elite perceptions of EU rule promotion in India during the EU-India FTA negotiations (2007–2013)," Asia Europe Journal, Springer, vol. 19(2), pages 149-165, June.
    2. Kamal, Asmma, 2016. "Beyond Normalization of Trade Ties - A Pakistan – India Free Trade Agreement (FTA): A Stochastic Frontier Gravity Model (SFGM) Approach," MPRA Paper 87743, University Library of Munich, Germany.
    3. Prabir De, 2009. "Global economic and financial crisis: India’s trade potential and future prospects," Working Papers 6409, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    4. Swapan K. Bhattacharya & Gouranga G. Das, 2014. "Can South–South Trade Agreements Reduce Development Deficits?," Journal of South Asian Development, , vol. 9(3), pages 253-285, December.
    5. Rupa Chanda & Sasidaran Gopalan, 2009. "Understanding India's Regional Initiatives with East and Southeast Asia," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 23(1), pages 66-78, May.

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