Dec 17, 2007

Has One Major Player Given Up On The WTO? And Will This Help The Case For The India-New Zealand FTA?

According to a report in The Hindu News Update "repeated but failed attempts by developing countries to reach convergence with rich nations on the stalled Doha Round of WTO forced India to work for speedy completion of Free Trade Agreements in 2007 to tap newer markets." New Zealand is not listed as one of India's targets for future FTA activity, but The Hive is hopeful that rapid progress can be made towards beginning a negotiation with India. We are looking forward to an update from the New Zealand Government on the launch into a bilateral study on the impacts of an FTA. The terms of reference for this study have reportedly been agreed at officials level.