India must be cautious while negotiating the proposed bilateral trade agreement with the US, as the absence of Fast Track Trade Authority in America makes any pact vulnerable to Congressional changes, economic think tank GTRI said on Tuesday. It also said that the certification process allows the US to effectively re-negotiate the trade agreement after it is signed, demanding domestic legal changes, regulatory reforms, and policy shifts that could undermine India's sovereignty.
A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.
US President Barack Obama said, "You know, I think that if you look at history one of the most important things during a worldwide recession of the sort that we're seeing now is that each country does not resort to 'beggar thy neighbour' policies, protectionist policies, they can end up further contracting world trade."
Asserting that India and Pakistan can unite through a common market, Defence Minister Pranab Mukherjee on Friday invited Islamabad to work jointly for developing a trade and economic block, "which could even be a matter of envy for blocks like Europe
Canada is not reaching out to India to the extent it could have, said Union Road Transport and Highways Minister Kamal Nath.
India's exports to North American Free Trade Agreement countries have shown a positive growth in 2003 with exports to the US growing by 11.5 per cent in January-October.
Donald Trump said he will never sign any trade agreement that hurts US workers, or diminishes its freedom and independence.
President Donald Trump delayed tariffs on Mexico and Canada for a short-term period for certain products before the 'big one' from April 2.
India and Russia have solidified a five-year plan to enhance their economic and trade partnership, while also addressing the ongoing conflict in Ukraine and the threat of terrorism.
Kelly Knight Craft has been ambassador to Canada since October 2017. She previously served as an alternate delegate to the UN during the George W Bush administration.
'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'
Modi, flanked by Trump, on Monday categorically rejected any scope for third party mediation on Kashmir.
Here are some of the best images clicked across the globe in the month of August.
The size of bilateral trade is only $6 billion a year.
In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could severely impact Canada's economy, Politico reported.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
China and India have approached trade negotiations very differently: the former with confidence, the latter in a defensive crouch, says T N Ninan.
He will call for 'an end to the politics of resistance and retribution', a senior aide said.
If elected president, the Republican nominee said he would declare China a currency manipulator, cancel payments to United Nations for combating climate change and renegotiating NAFTA.
Clinton, who was joined by Senator Tim Kaine, is on a bus tour in Pennsylvania and Ohio with her vice presidential running mate
Announcing his tax reforms Trump said his policies would benefit working families.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
The Democratic nominee emerged as the clear winner with nearly 62 per cent voters opting for her over her rival Donald Trump.
'You can ascribe any ideology to him, and it will be equally right - or equally wrong.' 'Even though the comrades on the Left will never admit it, he seems as much Stalinist as capitalist.'
A strong partnership with US would deter China from making any aggressive posture against India, said Puneet Ahluwalia, a member of the Trump's Advisory Committee on Asian Americans.
The ongoing civil war in the White House between representatives of the Alt Right, such as Steve Bannon, and the pragmatists has to end for Trump to complete a four-year term, says Hardeep S Puri.
The US maintained normal diplomatic relations with the government in Taiwan until 1979, when then-President Jimmy Carter abruptly cut off formal ties with Taipei and recognised the Communist regime in Beijing.
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Mexican President Enrique Pena Nieto's decision to cancel his planned trip to the United States next week was mutually agreed upon, US President Donald Trump has said stating that such a meeting would be "fruitless unless Mexico is going to treat America fairly".
The 41st US president held his post from 1989 and 1993.
Prime Ministers Modi and Abe enjoyed a close and empathetic relationship and this certainly gave a sustained momentum to the India-Japan strategic partnership. It is necessary for India to reach out and engage with his successor as early as possible, advises former foreign secretary Shyam Saran.
Atul Keshap, a senior Indian American career diplomat and one of the rising stars in the United States foreign service, has been picked by Nisha Desai Biswal, the newly appointed assistant secretary of state for South and Central Asian affairs, to be her deputy.
'You worry when serious people, with control of our and our children's future, begin to start obsessing over social media, seeing it as an easy, lazy, fun, low-cost substitute for boring, old-fashioned practices of politics, governance and serious, fact-based debate,' says Shekhar Gupta.
The US remained "watchful" over developments along India's frontier with China as it cannot take its eyes off the regional security issues, a senior American official said on Wednesday against the backdrop of the over 29-month border standoff in eastern Ladakh that has significantly frayed ties between the two neighbours.
The 'Missing link in India's Act East Policy', as India's former foreign secretary Shyam Saran calls it, needs to be filled sooner rather than later, says Dr Rahul Mishra.
He said the US believes that when nations respect the rights of their neighbours and defend the interests of their people, they can better work together to secure the blessings of safety, prosperity and peace.
China has been an aggressor against India along the Himalayan border, a top American diplomat nominated by President Joe Biden as his next envoy to Beijing has told lawmakers, stating that the US must hold the Chinese government accountable for failing to play by the rules.
With Donald Trump the appeal has to be to his business instincts in which his personal interests seem to play a significant role, says former foreign secretary Kanwal Sibal.
