Columbia International Affairs Online: Working Papers

CIAO DATE: 07/2014

India's Trade Policy Choices

Sandra Polaski, A. Ganesh-Kumar, Scott McDonald, Manoj Panda, Sherman Robinson

January 2008

Carnegie Endowment for International Peace


India would be six times better off under a multilateral trade agreement in the WTO’s Doha Round than from individual free trade agreements with the EU, United States, or China, contends a new report from the Carnegie Endowment. However, by lifting agricultural tariffs under a Doha agreement, India could lose more than it gained if prices of key commodities such as rice and wheat continue to swing sharply as they have in the past.