INR 1295
This book is about making good use of Free Trade Agreements (FTAs) signed by India.
It has 3 parts:
- Business Guide: Provides a roadmap for integrating FTAs into a firm’s business strategy.
- Duty Ready reckoner: FTA duty on any item imported into India, and
- FTA Legal text: CD containing text of India’s FTAs.
At the most basic level, FTAs allow zero or concessional duty imports from the partner countries. As this lowers the cost of inputs/ exports, FTAs are generally viewed as instruments for enhancing competitiveness of domestic manufacturing and exports. This probably explains the large number of FTAs being actively used by international traders across the globe. All major countries/ trading blocs have entered into FTAs.
Not to be left out, India also has entered into 10 FTAs and 6 PTAs (Preferential Trade Agreements or limited scope FTAs). Together these ensure some kind of preferential relationship with 90 countries. When India completes its 17 ongoing FTA negotiations, it will have preferential relationship with over 125 countries.
Low or zero duty imports/ exports on many products from a large number of countries influences the way business is conducted. To come on top, Indian firms must understand how FTAs will impact business, create new export opportunities as well as put competitive pressures on domestic manufacturing sector. The book provides a roadmap and framework to integrate FTAs into a firm’s business strategy. Straight answers are provided to large number of FTA related questions.
The book steers clear of academic discussions and debates like whether FTAs are good or bad. For a business person, FTAs are fait accompli and they have to master ways to benefit from them.
Author: Ajay Srivastava is Indian Trade Service Officer. His other books include ‘A Guide to Exporting from India’, ‘Export Import Handbook’ and Export Incentive Ready Reckoner.”
Sample Text of the Ready Reckoner–
Recent Comments