This paper traces the evolution of India’s Regional Trading Arrangements (RTAs). From limited scope RTAs with developing countries earlier to more comprehensive agreements with neighbouring economies, India is now negotiating RTAs with some of the major Organization for Economic Cooperation and Development (OECD) economies. These moves are examined in the context of the global RTA scene with particular relevance to Asia. The impetus provided by India’s liberalized trading framework and its rapid growth is assessed. The pros and cons of RTAs are looked at and the possible approaches that India could adopt in shaping more balanced agreements dwelt upon.
Journal of World Trade