India and RTAs: Getting tangled in the noodle bowl

  • 08/04/2011

  • Economic and Political Weekly

India has been embracing regionalism in a big way in recent years. Regional trade agreements are growing not only in number but also in their depth and coverage, thus diverting a significant portion of India’s trade through the preferential route. Such a trade promotion strategy emphasises market access rather than deal with supply-side efficiencies.