CSIRD India

Center for Studies in International Relations and Development (CSIRD), CSIRD, Department Member

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CSIRD is an international research institute Headquartered in the historic city of Kolkata, Eastern India. It is one of the leading centres in India to have exclusively focused on South, Southeast and East Asia and remains the only institute to have done so in Eastern India. The institute is poised to expand and engage with leading national and international agencies and institutions for collaborative research and joint studies in international relations, public policy national security and regional development in Asia.
Phone: Phone: +91-33- 23230012
Address: 164B, Metropolitan, Sector-A
Kolkata 700 105, India
Phone: +91-33- 23230012
Fax: +91-33- 23230012
Email : [email protected]
Website: http://www.csird.org.in/

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ASEAN India Free Trade Agreement (FTA) and its Impact on India: A Case Study of Fisheries and Selected Agricultural Products

freit.org

The ASEAN India Free Trade Agreement has brought the opportunities to the Indian industry as well... more The ASEAN India Free Trade Agreement has brought the opportunities to the Indian industry as well as challenges as it has been in force on 1 st January, 2010. There is no clear cut estimates about the gains which will come to India especially in the sectors of agriculture, plantation and fisheries, however some of the sector which are labour intensive or unorganised will be facing the bigger challenges. This paper attempts to examine the impact of FTA where the tariff is either reduced or eliminated on some of the agricultural products like tea, coffee, rubber and fisheries which have been projected as sensitive for India. The commitment of India & ASEAN under the FTA is analysed along with the trade and tariff data. While doing so the paper looks at some of the empirical evidence to examine the impact of India's unilateral tariff liberalisation Post-Uruguay Round by taking into consideration India's imports, domestic production etc. These results are then extrapolated to examine the tariff liberalisation impact on the domestic economy in view of India's commitment in the ASEAN-India FTA. The study is divided into three parts. The first part deals with the history of India -ASEAN relationship and highlights the features of India -ASEAN FTA. The second part does the case study of fisheries, pepper, tea, coffee, coconut and rubber etc. with regard to FTA and likely impact on India. The Final part gives a broad conclusion of the study. The study first looks at the bilateral trade data and then highlights the salient features of India -ASEAN FTA. It then reviews some of the literary works that have been carried out in this regard. The study thereafter looks at the historical trends of production, prices, trade values and tariffs on identified items at a national level as well as the items in India's tariff liberalisation programme (TLP). In the next section while identifying the position of it also examines the position of these items in ASEAN's TLP so as to assess whether Indian producers will get equal opportunities for preferential market access there or not. A comparison of the unit value price of Indian producers as well ASEAN members has been made to look at their respective competitiveness not only in the international markets but each others' market as well. The study gives its finding at the end summarising where the threats are there and where are the opportunities for Indian producers. JEL Classification: F02, F13, F20, C00, C22

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