Publication

This paper examines the reasons underlying India’s growing interest in framing various kinds of regional and bilateral trade agreements with the Asian economies. It discusses the various possible explanations for India’s "Look East" policy as well as the reciprocation of this interest by its Asian partners and goes on to examine the nature and outcome of India’s Preferential Trade Agreements (PTAs), focusing on gains and tradeoffs. Subsequently, the paper concludes by looking at the prospects for future PTAs and the various issues and interests that should shape India’s future regional initiatives.