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International Trade Working Paper

The International Trade Working Paper series promptly documents and disseminates reviews, analytical work and think-pieces to facilitate the exchange of ideas and to stimulate debates and discussions on issues that are of interest to developing countries in general and Commonwealth members in particular. The issues considered in the papers may be evolving in nature, leading to further work and refinement at a later stage.

English

The Trade Facilitation Agenda of the WTO and India’s Commitments

Where does India stand?

With the ratification of the Trade Facilitation Agreement (TFA) in 2016 under the aegis of the World Trade Organization, India has launched a comprehensive agenda for trade facilita­tion reforms to fulfil its legal commitments and improve its global ranking on ease of doing busi­ness indicators.

Implementation of the TFA hinges on various obligations in the form of these commitments under the agreement, which further depend on the ‘capacity’ of the member countries with regard to implementation. This capacity can be measured in terms of the ability of countries to effectively enforce these obligations by employing various stringent policies on the domestic platform, along with possible international initiatives. This discussion becomes interesting when we also scrutinise the legal nature of the provisions of the TFA.

Against this backdrop, this paper examines India’s commitments and capacity in light of various trade initiatives taken by the country, while at the same time looking into a myriad of challenges and possible opportunities that exist for India on its trade facilitation journey.

English

Keywords: international trade organisations, India, economic integration, World Trade Organization, Trade facilitation
JEL: F1: International Economics / Trade; F13: International Economics / Trade / Trade Policy; International Trade Organizations; F15: International Economics / Trade / Economic Integration
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