World Trade Organization Organisation Mondiale du Commerce Organización Mundial del Comercio

ECUADOR

Report by the Secretariat (WT/TPR/S/249)

Ecuador 1:

II. TRADE POLICY REGIME: FRAMEWORK AND OBJECTIVES

(3) Trade Agreements and Arrangements

(ii) Regional trade agreements

The Report mentions that India has not concluded many regional trade agreements and lists the few that it has concluded. However, the relevant chapter does not discuss unilateral preferential regimes.

Does India grant preferences of this type, and if so, on the basis of what criteria?

Reply: India grants concessional duty treatment to imports from the LDCs under the unilateral tariff preference scheme known as Duty Free Tariff Preference Scheme (DFTP) as per the mandate of the Hong Kong Ministerial Meeting of the WTO. All LDCs are eligible to benefit from the scheme.

Ecuador 2:

(4) Investment Regime

(ii) Foreign investment regime

Table II.8 in the Report lists 10 strategic sectors in which India prohibits FDI.

On what criteria did India base its decision on sectors that are not open to FDI and what are the reasons?