Jagdish Bhagwati: India should not toe the US line on the Trans-Pacific Partnership
Raj Center Director Jagdish Bhagwati penned an op-ed on the Trans Pacific partnership in the Hindustan Times.
Bhagwati concludes: "Besides, I must stress that India does not have to toe the US line that we sign on to the TPP and other preferential trade agreements (PTAs), lying in every bed we can find (the way Chile has done). We are a much bigger country, with a huge potential domestic market, which should interest other trading nations. We can therefore say: We are open to trade liberalisation in PTAs but we will not sign on to all the non-trade features built by US lobbies into the TPP under the pretence that these are the marks of a “modern” trade agreement"