For the economical side of India, which in regards to the Free – Trade links that have been bought up to the assemble by the Indian economical political party and the European Union (EU) party. This has lead to the discussion of further connections within the future work force of the India’s massive growing population and the provided work force by the European Free- Trade companies. India is still on negotiating terms with the E.U. and hopefully will set the final objectives by December 2010 in regards to industrial expansion in Delhi.
In regards to the free trade agreement (FTA), and if it is to be concluded by this estimated date, then the investment trades in Delhi would be expect to increase rapidly and that could result in a positive turn over if the negotiable contract is approved. This is seen as a positive land slid towards the massive population of India as opportunities for work placement and jobs can be provided.
This negotiating plan has been going on since 2007 between India and the European Union, even though nine rounds of free trade negotiations have been complete, we are expected to see more market opening strategies and plans for the upcoming years. It is expected that India can increase the mass production and exports if the FTA concludes by the end of 2010. However, the trade’s services index is expected to increase double in result to $US200 billion in the next four years.
http://news.indiamart.com/story/india-eu-discuss-free-trade-pact-next-month-59107.html
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this is extremely interesting and connects well with the latter post about the world bank figures. The big question is whether this opening up of markets and especially free trade agreements actually benefit ordinary Indians. For me free trade treaties are another form of exploitation by the developed west? Am I too hardlined about this?
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