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Understanding the Dynamics of India-Africa Trade Negotiation Game: Lessons and Policy Directions

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Abstract

A perusal of the literature has shown that trade agreements have different impact on countries due to their level of development, especially in trade potentials. There have been some trade agreements between Africa and India, a south–south trade relation, which are accompanied with outcomes that are based on output, macroeconomic stability and compliant with the agreements reached at different point in time. This study examines the effects of Africa’s trade agreements with India on Africa’s exports. This study found that trade agreements in this trade relation is marginally trade enhancing and it is also discovered that the restrictiveness of Indian trade policy does not debar exports from Africa from accessing the market, however, the non-tariff barrier are more pronounced than the tariff barriers.

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Notes

  1. 1.

    See Martinez and Poole (2004), Porto (2006), Isik-Dikmelik (2006), Kareem and Kareem (2011).

  2. 2.

    By the end of 2011, 509 RTAs had been notified to the WTO (Assessed from WTO website, August, 2013).

  3. 3.

    India is the world’s fifth largest consumer of oil and shall be in third position by 2030 (Sidiropoulos 2011).

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Correspondence to Olayinka Idowu Kareem .

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Kareem, O.I. (2017). Understanding the Dynamics of India-Africa Trade Negotiation Game: Lessons and Policy Directions. In: Odularu, G., Adekunle, B. (eds) Negotiating South-South Regional Trade Agreements. Advances in African Economic, Social and Political Development. Springer, Cham. https://doi.org/10.1007/978-3-319-45569-3_5

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