Department Of South And Central Asian Studies

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Subject: search.filters.subject.Bilateral trade

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    Indo-kazakhstan trade : Trends and protocols in the post cold war era
    (Central University of Punjab, 2012) Kaur, Jaspreet; Kaur, Sandeep
    Though economic relations between India and Kazakhstan have been strengthening; still the current size of trade and investment between the two countries is relatively less than potential. In this context, the present study is an endeavour to analyze the existing trends in bilateral trade and also to highlight the future prospects for India and Kazakhstan. It has been found that the increase in merchandise trade between the two countries is mainly because of the changing demand structure and comparative advantages of both the economies in complementary sectors in recent years. The trade specialization indices (RCA and Michaely) emphasize that while Kazakhstan has been specializing in a few energy products; India's exports have been more diversified. Also, both the countries have comparative advantages in different products in the same industry, revealing the opportunity for higher intra-industry trade (IIT) in future, which would reduce cost and enhance the benefits for both the countries. However, it has been revealed that India's trade with Kazakhstan is much below than the rest of the world. Thus, there are enormous complementarities in bilateral trade that need to be tapped. It is mandatory to overcome the geographical, political and other hurdles to increase two way flow of goods. Just before fully utilizing India's potential to contribute in transition of Kazakhstan and Kazakhstan's ability to provide the energy resources to India, it is required that the process of bilateral cooperation gets a boost
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    Indo-Kazakhstan Trade: Barriers and Prospects
    (Research journal of Area Study Center, Univeristy of Peshawar, Pakistan, 2014) Kaur, Jaspreet; Kaur, Sandeep
    The degree of Indo-Kazakhstan bilateral trade is not so relevant but it has been growing fast in last few years. This increase is exhibiting increasing role of the republic in India’s trade. As per Indicative Trade Potential (ITP), there exists a vast scope to increase and diversify this bilateral trade. India has major potential in machinery and transport while Kazakhstan can expand the exports from its traditional sectors of mineral and metals. Potential in different products reveals the opportunity for diversify the trade in future. It would enhance the benefits for both the countries in long term.