The Trans-Pacific Partnership: Implications for India
Published By: Observer Research Foundation | Published Date: January, 01 , 2016The Trans-Pacific Partnership (TPP) agreement was signed on 5 October 2015 by the US and 11 countries in the Asia- Pacific. The writers of the TPP expect the agreement to result in the dynamic evolution of global standards for trade investment. India, being a non-TPP, trading partner will find it difficult to access markets unless its domestic capacity and standards improve. This paper examines the likely implications of the TPP for India and other emerging economies which are not part of this mega FAT, and outlines a roadmap to deal with the expected adverse impacts while preparing to join the TPP in the long term.
Author(s): Geethanjali Nataraj | Posted on: Jan 21, 2016 | Views()