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Índia-Mercosul: Perspectivas de um Acordo de Preferências Comerciais

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Listed:
  • Honório Kume
  • Guida Piani
  • Pedro Miranda

Abstract

In 2004, India and the Mercosur signed a preferential-trade agreement, aiming atforming a future free-trade area. In March 2005, the new partners exchanged listscontaining about 250 products for which the tariffs should be reduced. The highlevel of the import tariffs, the small participation of the bilateral trade in the total andthe comparative advantage indicators point to the possibility of a substantial increasein the trade flows between the two partners.This study shows that the offers made include a large number of products withno comparative advantage on the part of the other partner and that the reductionsproposed in tariff rates are insignificant. Thus, it?s not expected any major impact onthe bilateral trade. Therefore, it is necessary that the new offers incorporatecompetitive products and higher margins of preferences.So far, the India-Mercosur trade negotiations, as well as other "South-South"initiatives, have not revealed themselves easier than the "North-South" ones. Inparticular, the increase in the "South-South" preferential trade can imply high costsof adjustment in intensive labor sectors due to the similarity of the comparativeadvantages of both parts.

Suggested Citation

  • Honório Kume & Guida Piani & Pedro Miranda, 2005. "Índia-Mercosul: Perspectivas de um Acordo de Preferências Comerciais," Discussion Papers 1120, Instituto de Pesquisa Econômica Aplicada - IPEA.
    • Handle: RePEc:ipe:ipetds:1120
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    References listed on IDEAS

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    1. Germán Calfat & Renato G. Flôres, 2006. "The EU‐Mercosol Free Trade Agreement: Quantifying Mutual Gains," Journal of Common Market Studies, Wiley Blackwell, vol. 44(5), pages 921-945, December.
    2. Honório Kume & Guida Piani, 2004. "ALCA: Uma Estimativa do Impacto no Comércio Bilateral Brasil-Estados Unidos," Discussion Papers 1058, Instituto de Pesquisa Econômica Aplicada - IPEA.
    3. Honório Kume & Pedro Miranda & Marta Reis Castilho, 2004. "Acordo de Livre-Comércio Mercosul-União Européia : Uma Estimativa dos Impactos no Comércio Brasileiro," Discussion Papers 1054, Instituto de Pesquisa Econômica Aplicada - IPEA.
    4. Marcel, Vaillant & Alvaro, Ons, 2003. "Winners and Losers in a Free Trade Area between the United States and MERCOSUR," MPRA Paper 47315, University Library of Munich, Germany, revised Nov 2003.
    5. Keld Laursen, 1998. "Revealed Comparative Advantage and the Alternatives as Measures of International Specialisation," DRUID Working Papers 98-30, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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    Cited by:

    1. Schor Adriana, 2014. "South–South Cooperation and IBSA: More Trade in Politics," New Global Studies, De Gruyter, vol. 8(2), pages 1-19, July.

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