- Subject index
Despite the United States withdrawing from the Trans-Pacic Partnership (TPP) Agreement, its template of rules remains highly relevant for future negotiations on international trade. This book helps to evaluate the legal provisions of this pact, its background and its possible evolutionary path. There is a view in the policy discourse that India should actively embrace the norms contained in the Agreement. Trans-Pacic Partnership Agreement: A Framework for Future Trade Rules? offers a balanced and objective analysis of the likely impact of the TPP template of rules on developing countries such as India and significantly contributes to the ongoing debate regarding India's ideal stance. This book will be useful for policymakers, trade lawyers, policy analysts, academics, economists and government officials, especially those from developing countries.
Chapter 11: State-owned Enterprises (SOEs)
State-owned Enterprises (SOEs)
For the first time, a free trade agreement (FTA) seeks to address comprehensively the commercial activities of state-owned enterprises (SOEs) that compete with private companies in international trade and investment. The Trans-Pacific Partnership Agreement's (TPP) Chapter 17 on SOEs contains several significant provisions which may have implications for the TPP members having SOEs. The provisions of SOEs in the TPP build on the assumption that SOEs cause distortions in markets where such enterprises receive non-commercial assistance from the governments. The provisions of the TPP on SOEs stem from concerns, as reflected in General Agreement on Tariffs and Trade (GATT) 1994, Article XVII, about the government influence, potential trade distortions and unfair competition brought by ...