Vol. 14 No. 2
India’s agricultural export to Vietnam in the context of ASEAN-India free trade agreement : A partial equilibrium approach
Author(s): V. R. RENJINI, A. KAR, G. K. JHA, P. KUMAR AND R. R. BURMAN
Abstract: Vietnam is the major agricultural export destination of India among Association of South East Asian Nations (ASEAN). The study has examined the possibility of market access for India in Vietnam for the selected agricultural products under ASEAN-India Free Trade Agreement by employing a partial equilibrium model developed by the World Bank. The simulations are carried out for the agricultural products which together constitutes more than 80 per cent of the India’s export basket. The results revealed that, India can gain market share in Vietnam in meat products, fisheries, cotton for which Vietnam offers substantial tariff reduction to India under Agreement. The export promotion for these commodities can be done to harness maximum trade potential with Vietnam.
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