How would the exclusion from SWIFT hit Russia?

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How would the exclusion from SWIFT hit Russia? The Ukraine crisis has forced the US and the European Union (EU) to exclude some Russian banks from the SWIFT payment system. The decision came after much consideration as it could cripple payments both to and from Russia. What is SWIFT, and how does i...

Can our new trade treaties address duty anomalies?

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Can our new trade treaties address duty anomalies? India has long suffered the anomaly of imported raw material being taxed more than the finished product. Economists call it the inverted duty structure. A spate of free trade agreements (FTAs) in the past have not helped. Are the new ones any bette...

Can our exporters benefit from the Sri Lankan crisis?

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Can our exporters benefit from the Sri Lankan crisis? Sri Lanka’s $51 billion debt default and its ongoing economic crisis may present an opportunity for Indian exporters of tea and textiles. Yet, it won’t be easy for India to fill in the global supply gaps. What is causing the shift in demand? Tea...

The significance of a free trade deal with the EU

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The significance of a free trade deal with the EU After signing comprehensive economic and trade agreements with the United Arab Emirates (UAE) and Australia, India has stepped up efforts to negotiate a free trade agreement (FTA) with the European Union (EU). What is the trade relationship like? Th...

Redesigning trade policy: What is the best way ahead for India?

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Redesigning trade policy: What is the best way ahead for India? Redesigning trade policy: What is the best way ahead for India? Integration with global value chains will require a rethink of our high and uncertain tariffs as well as bolder trade alliances. Various aspects of globalization are being...
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