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Govt plans to set up team for trade talks

At a recent meeting, PMO discussed the idea of building a team comprising officers from foreign services and trade services and trade lawyers

Policy Pulse
Publish Date: Apr 11 2016 11:41AM | Updated Date: Apr 11 2016 11:41AM

Govt plans to set up team for trade talks

 The commerce department is considering setting up a specialised team to negotiate international trade deals. The move follows a nudge from the Prime Minister's Office (PMO) amid concerns that India is not moving fast enough on its free-trade agreements and that it could have got a better deal on some of the pacts. 

 
At a recent meeting with senior officials from other ministries and departments, the PMO discussed the idea of building a team comprising officers from foreign services and trade services, and trade lawyers. 
 
Officials said consensus was reached on the issue at this meeting, following which the commerce department plans to train officers from trade services and foreign services for long-term planning. "We are short of people and this is seen in almost all the negotiations. The general thought process is that India is short of people with enough expertise as compared to other countries...so how do we build a larger team and invest for the future," said an official privy to the details of the meeting. 
 
At present, India is party to 16 trade agreements - bilateral and with multi-country organisations - and is negotiating 17 trade pacts including those with the European Union, Australia and Canada. "Trade negotiators should be exempt from normal field transfers. 
 
Also, the DGFT should be able to spare these people for every round of talks. We also need the finance ministry on board which has to allow so many people to travel abroad," another official said. 
 
Another lapse on India's part has been the near absence of industry representatives in negotiations on trade agreements, officials said. The commerce department may also ask think tanks to spare some experts to accompany government officials for negotiations, they said.