Chapter

Special Economic Zones in India

Part of the series India Studies in Business and Economics pp 199-217

Date:

Special Economic Zones and Regional Trade Agreements

  • Arpita MukherjeeAffiliated withIndian Council for Research on International Economic Relations Email author 
  • , Parthapratim PalAffiliated withIndian Institute of Management
  • , Saubhik DebAffiliated withEconomist and Independent Consultant
  • , Subhobrota RayAffiliated withEconomist and Independent Consultant
  • , Tanu M. GoyalAffiliated withIndian Council for Research on International Economic Relations

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Abstract

SEZs and regional trade agreements (RTAs) can help to liberalise and facilitate trade. While both of them focus on the removal of trade barriers, their objectives are different. SEZs focus on improving a country’s export competitiveness, while RTAs focus on removing barriers to trade between trading partners. Hence, the two polices can be in conflict. This chapter discusses how India can synergise its SEZ policy with its bilateral and regional trade agreements and maximise the benefits for its industries.