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ID131575
Title ProperIndia's ASEAN sojourn
Other Title Informationthe voyage of economic multilateralism
LanguageENG
AuthorChakraborty, Mohor
Publication2014.
Summary / Abstract (Note)India's economic interactions with the ASEAN region have been an experiment in considerable success, particularly in the backdrop of the signing of the ASEAN-India Free Trade Agreement (AIFTA) in Goods in 2009. While on the one hand, this experience marked a milestone for New Delhi's economic multilateralism with one of the world's most prosperous regions, it constituted the pedestal for its more vigorous engagement with ASEAN, insofar as negotiations for the Regional Comprehensive Economic Partnership (RCEP) are concerned, on the other. A unique ensign of India's economic dynamism in Southeast Asia has been its two-pronged feature: at one level, the conclusion of the FTA (in Goods) with the ASEAN as a whole and the signing of FTA/CECAs (Comprehensive Economic Cooperation Agreement) with individual member-states, at the other. It is in this context that the present article will trace the trajectory of India's economic multilateralism with ASEAN, both at the organizational and bilateral levels (countries with which FTA/CECAs have been signed) and the imperative of concluding the FTA in Services and Investments, so as to reap the holistic benefits of this regional trading arrangement.
`In' analytical NoteWorld Focus Vol. 35, No.6; Jun 2014: p.43-47
Journal SourceWorld Focus Vol. 35, No.6; Jun 2014: p.43-47
Key WordsIndia ;  ASEAN ;  ASEAN - India Free Trade Agreement ;  Economic Multilateralism ;  Regional Comprehensive Economic Partnership ;  Southeast Asia