Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
4) Despite immense potential of EU-India Broad-based Trade & Investment Agreement (BTIA), the Agreement has been in limbo for a long time now. Discuss the issues that hinder its finalisation. (250 Words)
Why this question
Trade deals are important issue from GS 2 and GS3 perspective. In this atmosphere where so much is happening in free trade around the world, all bilateral and multilateral agreements as well as other developments become very important.
Key demand of the question
The focus of the question is on EU India BTIA – the potential of it and the issues that obstruct its finalization.
Examine- The question is self-explanatory. You have to highlight the various reasons along with their associated impacts that impede the deal’s finalization.
Structure of the answer
In the introduction, write briefly about EU India BTIA – its history, the current development etc.
Body-Divide the body of the answer into 2 parts.
In one part deal with the potential of BTIA. Why it is important for both stakeholders to finalize the deal early. Keep this section short.
In the latter part, discuss the reasons which in your opinion holds back the finalization.
Conclusion –End with a focus on lost potential and what should be done to finalise the deal soon.