India Drawing Up Red Lines on Asia Trade Pact Before Key Meeting
- South Asian nation under pressure to decide before year end
- India concerns include hit to exports, services agreement
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India is drawing up a list of ‘must haves’ to enable it to forge ahead with a pan-Asian free trade agreement, as pressure mounts on the South Asian nation to conclude discussions to finalize the pact before end of the year, a senior government official said.
Trade ministry officials in New Delhi met late into the night on Thursday to discuss India’s demands and the concessions it’s prepared to offer, the official said, asking not not to be identified because they are not authorized to speak to the media.