India has been embracing regionalism in a big way in recent years. Regional trade agreements are growing not only in number but also in their depth and coverage, thus diverting a significant portion of India’s trade through the preferential route. Such a trade promotion strategy emphasises market access rather than deal with supply-side efficiencies.
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/india-and-rtas-getting-tangled-noodle-bowl
[2] http://admin.indiaenvironmentportal.org.in/category/author/parthapratim-pal
[3] http://admin.indiaenvironmentportal.org.in/category/journal/economic-and-political-weekly
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/globalisation
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/south-asia
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/international-cooperation
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy