ARTICLE
13 November 2024

TPM Newsletter: November 2024 - Trade Agreements

TC
TPM Consultants

Contributor

TPM was founded in 1999 as the first firm dealing exclusively in the field of trade remedies. TPM has assisted domestic producers, in India and overseas, suffering due to cheap and unfair imports to avail the necessary protection under the umbrella of the WTO Agreements. TPM also assists exporters and importers facing trade remedial investigations in India or other countries. TPM has assisted exporters facing investigations in a number of jurisdictions such as China, Argentina, Brazil, Canada, Egypt, European Union, GCC, Indonesia, South Korea, Taiwan, Turkey, Ukraine and USA. TPM also provides services in the field of trade policy, non-tariff barriers, competition law, trade compliance, indirect taxation, trade monitoring and analysis. It also represents industries before the Government in matters involving customs policy.
India and Bangladesh have commenced discussions for an expanded free trade agreement. The two countries have discussed issues on the finalization of a CEPA with focus on removal of port restrictions...
Worldwide International Law

Indian Updates

Trade negotiations between India and the EU face roadblock over market access for Indian dairy sector

India has expressed its concerns over the demand of the EU for liberalising market access to the Indian dairy sector. The Indian Minster of Commerce and Industry highlighted the need for mutual respect for sensitive issues and emphasised that there may be no pact if the EU insists on opening the dairy sector.

India accelerates trade negotiations with Australia

India and Australia will hold the eleventh round of negotiations to broaden the scope of the existing India-Australia Economic Cooperation and Trade Agreement. In light of the upcoming elections in Australia, India is likely to accelerate the trade negotiations and conclude them at the earliest in order to avoid any delay caused due to the elections.

Global Updates

Malaysia and the UAE sign a Comprehensive Economic Partnership Agreement

Malaysia and the UAE have successfully concluded the negotiations for a CEPA. The CEPA will give a strategic leverage to UAE-based companies as a gateway into the ASEAN market and provide opportunities for Malaysia's SMEs.

China and ASEAN bloc conclude negotiations for a revised free trade agreement

China and the Association of Southeast Asian Nations (ASEAN) bloc have issued a joint statement announcing the successful conclusion of trade negotiations over the revised China-ASEAN free trade agreement. The agreement aims to focus on post-pandemic economic recovery and include new areas such as digital economy, green economy and supply chain interconnectivity.

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