India-ASEAN summit unlikely to resolve trade pact deadlock
In short
The India-ASEAN Summit is unlikely to end the trade pact deadlock. The report says the sides still disagree on market access, rules of origin and a more balanced trade deal.
What the reporting says
The India-ASEAN Summit is unlikely to break the deadlock over a trade pact review, with differences still persisting over market access, rules of origin and the terms of a more balanced trade arrangement. The BusinessLine summary points to continued disagreement in the talks. The impasse means a quick breakthrough on the revised trade framework appears unlikely.
Why it matters
The India-ASEAN Summit is unlikely to resolve the trade pact review deadlock, according to the BusinessLine summary. Differences remain over market access, rules of origin and the terms of a more balanced trade arrangement. The ongoing disagreement suggests the review talks are still stuck and no immediate agreement is expected.