Electronic Commerce and the WTO: The Changing Contours of Engagement

By Biswajit Dhar | Briefing Paper # 21 | November 2017
29939162 - keyboard with a word e-commerce

Electronic Commerce (e-commerce) has emerged as a key issue in the run-up to the 11th Ministerial Conference of the World Trade Organization (WTO) to be held in Buenos Aires in December 2017. A number of countries across the development spectrum have backed inclusion of e-commerce in the WTO. Although the nature of disciplines that these countries favour is not entirely clear, yet the proposals strongly suggest that they would prefer using e-commerce as a vehicle for trade liberalisation in goods and services.

The issue of e-commerce was introduced in the…

Institutional Investors in Indian Commodity Derivatives Market: For Whose Benefit?

By Kavaljit Singh | Briefing Paper # 20 | October 4, 2017
Goldman Sachs

A major policy shift has been taking place in the Indian commodity derivatives market since September 2015, when the commodity regulatory body, Forward Markets Commission, was formally merged with the capital market regulator – the Securities and Exchange Board of India (SEBI). In June 2017, SEBI opened up the commodity derivatives markets to institutional investors for the first time by allowing hedge funds registered as category III Alternative Investment Funds (AIFs) to invest in commodity derivatives as ‘clients’.1

The category III AIFs raise money from high net worth individuals and…

Do We Need a Multilateral Instrument on Investment Facilitation?

By Kavaljit Singh | Briefing Paper # 19 | May 2017
MIIF

Currently, there are no multilateral rules on international investment. But there is a concerted push by China, Brazil, Russia and Argentina to start formal discussions on a multilateral instrument on investment facilitation at the World Trade Organization (WTO). In the past few weeks, five proposals have been submitted to the General Council – the highest decision-making body of the WTO – to initiate discussions on a multilateral instrument on investment facilitation with the intention of possible deliverables at the Ministerial Conference in Buenos Aires in December 2017. The five…

Understanding RCEP and India’s Position

By Shalini Bhutani | e-Pamphlet | March 30, 2017
RCEP

This e-pamphlet explains the proposed Regional Comprehensive Economic Partnership (RCEP), a mega-regional free trade agreement at the door of Asia Pacific, in easy-to-understand format. It outlines India’s current position on key elements of the proposed pact and highlights key sectoral concerns on agriculture, trade in goods and services, intellectual property, public health and investment protection. The e-pamphlet provides links to ‘leaked’ texts from the negotiations and a list of additional resources.

Proposal for the ‘Modernisation of Private Sector Instruments’

By CSOs | Background Paper | November 28, 2016
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The background paper provides a critical analysis of the proposals made by the Development Assistance Committee (DAC) secretariat of the OECD in the paper titled, “Implementation of the Principles of ODA Modernization on Private Sector Instruments,” which is yet to be made public. The DAC’s proposals would allow a wide variety of private sector instruments to be used as vehicles for international aid. This means an increase in the possible use of aid to invest in or give loans to private companies, or to underwrite their activities, through guarantees….