India Philippines Trade: Problems & Prospects
()
Currently unavailable
Currently unavailable
About this ebook
Trade relations between various Filipino islands and Indian subcontinent may be traced back to the pre-historic times. Findings of Iron Age in Philippines give testimony to the existence of trade between Tamil Nadu and the Philippine Islands during the ninth and tenth centuries B.C.
During 10th to 14th century A.D. trade relations between India and Philippines flourished and there were Indian influences on culture and languages of Philippines.
During the 18th century, there was robust trade between Manila and the Coromandel Coast of India, involving Philippine exports of tobacco, silk, cotton, indigo, sugar cane and coffee.
Since the Spanish period India-Philippines trade declined. After independence the two countries established diplomatic relation, and a friendship treaty was signed on 11 July 1952. But because of differences in foreign policy economic relation between the two countries was restored only during 1970s after Aditya Birla, an Indian industrialist took initiative in establishing Indo-Phil, a joint India-Philippines venture in textiles. There after various steps were taken to restore trade relation between the two countries. Some of the steps are:
A trade agreement signed between the Philippines and India was signed on 29 May 1979.
In 1995, a Joint Working Group and a Joint Business Council were set up to assess and identify potentials for trade as well as identify new areas for collaboration.
The Philippines – India Business Council (PIBC) was organized in 1997.
The Policy Consultation Talks between the two countries were established in 2000.
On May 8, 2002 under the umbrella organization of Philippine Chamber of Commerce and Industry (PCCI), PIBC was convened with the objective of restoring and enhancing business ties and friendly relations with the Indian business community
From November 9-16, 2003, a delegation from PIBC traveled the three major cities of Mumbai, Hyderabad and New Delhi in India.
The Joint Commission on Bilateral Co-operation, to further strengthen and develop the co-operation in the field of trade, economic, scientific, technological and other fields of co-operation was signed during the State Visit to India of President Gloria Macapagal Arroyo on 5 October 2007.
The inaugural session of the Joint Commission was held on 15 March 2011.
An exhibition was organized by the Synthetic and Rayon Textiles Export Promotion Council of Philippines and rayon textile producers and exporters from India in June 2012 in Manila. Trade between the two countries was increased by 10.8% during 2011-12.
It is expected that with further efforts on the part of the two countries trade between the two countries would rise rapidly benefiting both the economies.
Ratan Lal Basu
ADDRESS: KOLKATAPh. D. in EconomicsProfession: Retired from 1st January, 2009 from the post of Reader in Economics and Teacher-in-Charge, Bhairab Ganguly College, Kolkata, India
Read more from Ratan Lal Basu
Dalits in India, Manusmriti and Samkhya Philosophy Rating: 3 out of 5 stars3/5Tantra Cult and Yoga Rating: 0 out of 5 stars0 ratingsStories of Spies Rating: 4 out of 5 stars4/5The Tribal and the Divine Tree Rating: 0 out of 5 stars0 ratingsPoverty & Ethics Rating: 0 out of 5 stars0 ratingsEspionage Methods And The Horror of Echelon-Imint And The CIA Rating: 5 out of 5 stars5/5Espionage Agency Mossad and Eichmann Drama Rating: 0 out of 5 stars0 ratingsPrice Control Mechanism in Arthasastra Rating: 0 out of 5 stars0 ratingsGlimpses of the Indian Economy Rating: 0 out of 5 stars0 ratingsThe Curse of the Goddess Rating: 0 out of 5 stars0 ratingsPolitical Economy in Arthasastra of Kautilya Rating: 0 out of 5 stars0 ratingsEspionage Mechanism in the Arthasastra of Kautilya Rating: 0 out of 5 stars0 ratingsMaterial Progress Ethics and Human Development Rating: 0 out of 5 stars0 ratingsThe Witch’s Mirror and Other Stories Rating: 0 out of 5 stars0 ratingsEconomic Concepts Ancient and Modern Rating: 0 out of 5 stars0 ratingsAtomic Espionage & Atom Spies Rating: 0 out of 5 stars0 ratingsPolitical Economy in Mahabharata Rating: 0 out of 5 stars0 ratingsThe Political Economy of Ancient India Rating: 0 out of 5 stars0 ratingsPoverty, Amartya Sen and Adam Smith Rating: 0 out of 5 stars0 ratings
Related to India Philippines Trade
Related ebooks
Global Corporate Entrepreneurship: Perspectives, Practices, Principles, and Policies Rating: 0 out of 5 stars0 ratingsThe New Mind Rating: 0 out of 5 stars0 ratingsThere is No Thinker Only Thought Rating: 0 out of 5 stars0 ratingsThe Mirror of Relationship Rating: 0 out of 5 stars0 ratingsEast India Company: A Brief History from Beginning to the End Rating: 5 out of 5 stars5/5Culture Briefing: India - Your Guide to Indian Culture and Customs Rating: 0 out of 5 stars0 ratingsRizal Province Guide: Calabarzon, #5 Rating: 0 out of 5 stars0 ratingsBagha Jatin Rating: 0 out of 5 stars0 ratingsDistant Voices Near: Historical Globalization and Indian Radio in Trinidad and Tobago Rating: 0 out of 5 stars0 ratingsFrom Beyond the Blue Oceans Rating: 0 out of 5 stars0 ratingsSummary: Planet India: Review and Analysis of Mira Kamdar's Book Rating: 0 out of 5 stars0 ratingsInvesting in India: A Value Investor's Guide to the Biggest Untapped Opportunity in the World Rating: 0 out of 5 stars0 ratingsSummary of Greg Grandin's Fordlandia Rating: 0 out of 5 stars0 ratings101 Amazing Facts About India Rating: 0 out of 5 stars0 ratingsPeasants in the Pacific: A Study of Fiji Indian Rural Society Rating: 0 out of 5 stars0 ratingsCommerce in India Rating: 0 out of 5 stars0 ratingsRiding the Wave: Seven Leaders of Change Rating: 0 out of 5 stars0 ratingsBamboo: The Timber of the 21st Century Rating: 0 out of 5 stars0 ratingsFreedom, Festivals and Caste in Trinidad After Slavery: A Society in Transition Rating: 0 out of 5 stars0 ratingsEnvironmental Fraud: How palm oil turned the tables on green groups & their shadowy funders Rating: 0 out of 5 stars0 ratingsBrand New Nation: Capitalist Dreams and Nationalist Designs in Twenty-First-Century India Rating: 0 out of 5 stars0 ratingsGale Researcher Guide for: The Asia Pacific World since 1945 Rating: 0 out of 5 stars0 ratingsAn Indian in the House Rating: 0 out of 5 stars0 ratingsSouth Africa and India: Shaping the Global South Rating: 0 out of 5 stars0 ratingsSummary of Shashi Tharoor's Inglorious Empire Rating: 0 out of 5 stars0 ratingsIDEAOLOGY: Your Compass to Intellectual Property Success in the Ideas Economy Rating: 0 out of 5 stars0 ratingsThe Indian Economy Rating: 0 out of 5 stars0 ratingsIndia Towards 100: a Call for Reset?: Need a Missionary Zeal! a Collection of Thoughts on the Arts and Crafts of Nation Building Rating: 0 out of 5 stars0 ratingsAn merican's Guide to Doing Business in India Rating: 0 out of 5 stars0 ratings
Business For You
The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 5 out of 5 stars5/5How To Pay Off Your Mortgage in 5 Years Rating: 5 out of 5 stars5/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Carol Dweck's Mindset The New Psychology of Success: Summary and Analysis Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5The Everything Guide To Being A Paralegal: Winning Secrets to a Successful Career! Rating: 5 out of 5 stars5/5Leadership and Self-Deception: Getting out of the Box Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Collaborating with the Enemy: How to Work with People You Don’t Agree with or Like or Trust Rating: 4 out of 5 stars4/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5
Reviews for India Philippines Trade
0 ratings0 reviews