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首页> 外文期刊>Natural Rubber Research >INDIA'S TRADE LIBERALISATION INITIATIVES AND TRENDS IN BALANCE OF TRADE UNDER THE REGIONAL TRADE AGREEMENTS: THE CASE OF RUBBER AND RUBBER PRODUCTS
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INDIA'S TRADE LIBERALISATION INITIATIVES AND TRENDS IN BALANCE OF TRADE UNDER THE REGIONAL TRADE AGREEMENTS: THE CASE OF RUBBER AND RUBBER PRODUCTS

机译：印度区域贸易协议下的贸易自由化倡议和贸易平衡趋势：以橡胶和橡胶产品为例

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India's rubber sector has been endowed with the unique feature of a well-developed natural rubber (NR) production and rubber products manufacturing segments since the 1940s. A remarkable degree of domestic market orientation of both the segments had been protected from external competition till the early 1990s. India's Regional Trade Agreements (RTAs) assume importance for the trade sensitivity arising from higher shares in the total value of external trade in rubber and rubber products (47.2 %) and in the negative balance of trade (278.6 %) during 2014-15. Among, the total 23 trade agreements signed by India, tariff reduction/ elimination commitments for rubber and rubber products are covered only under 11 agreements. This paper is concerned with (i) India's tariff policies on rubber and rubber products under the RTAs and (ii) the impact of the same on India's balance of trade in rubber and rubber products. Analysis of time series external trade data for the past 15 year period from 2000-01 to 2014-15 revealed that India provided ample protection to its NR production segment under various RTAs except Asia Pacific Trade Agreement (APTA) and less developed countries under the South Asian Free Trade Area (SAFTA). However, the total value of imports of NR under RTAs grew at the rate of 39.5 per cent and the negative balance of trade during 2014-15 was US $ 785.35 million. At the aggregate level, India's exports and imports of rubber and rubber products under the RTAs grew at the rates of 16.8 per cent and 26.3 per cent, respectively during the period under review. The magnitude of the emerging trends is evident from a higher negative balance of trade with the RTAs (US $ 1469 million) than with the world during 2014-15. The results of the study underlined the need for a comprehensive policy package for India's rubber sector rather than segmented ad-hoc measures from a long-term policy perspective.
机译：自1940年代以来，印度的橡胶行业一直拥有发达的天然橡胶（NR）生产和橡胶产品制造部门的独特功能。直到1990年代初，这两个领域的国内市场导向程度都受到保护，免受外部竞争。印度的区域贸易协定（RTA）对于贸易敏感性的重要性，这是由于2014-15年度橡胶和橡胶产品对外贸易总值（47.2％）和贸易逆差（278.6％）中较高的份额所引起的。在印度签署的总共23项贸易协议中，橡胶和橡胶产品的关税降低/消除承诺仅涵盖11项协议。本文涉及（i）RTAs下印度对橡胶和橡胶制品的关税政策，以及（ii）关税政策对印度橡胶和橡胶制品贸易平衡的影响。对2000-01至2014-15过去15年时间序列对外贸易数据的分析显示，除亚太贸易协定（APTA）和南方国家的欠发达国家外，印度根据各种区域贸易协定为其自然资源生产部门提供了充分的保护。亚洲自由贸易区（SAFTA）。但是，根据区域贸易协定进口的天然橡胶进口总值增长了39.5％，2014-15年度贸易逆差为785.35百万美元。从总体上看，在审查期间，根据区域贸易协定，印度橡胶和橡胶产品的进出口分别增长了16.8％和26.3％。从2014-15年度，与区域贸易协定的逆差贸易额（14.69亿美元）高于与世界的贸易差额，这表明了新兴趋势的严重性。研究结果强调，从长期政策角度来看，有必要针对印度橡胶行业制定全面的政策方案，而不是采取分段的临时措施。

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