Examining The Role Of Nontariff Barriers In Trade Regulation And Trade Flows: Insights From The Indiaasean Free Trade Agreement

Within the framework of the IndiaASEAN Free Trade Agreement, this study examines the effectsof nontariff trade barriers on trade flows between India and ASEAN. The study assesses the effectof nontariff measures on trade flows between India and ASEAN members using the FrequencyIndex (FI), Coverage Ratio (CR), and Prevalence Ratio (PR). Our findings show that import andexport volumes are negatively impacted by nontariff measures. The paper also emphasizes howthis effect varies in strength across various industries and nations, showing that certain sectorsand nations have more severe repercussions than others. Decisionmakers seeking to strengtheneconomic links between India and ASEAN must consider the implications of these findings,emphasizing the importance of this research.

Recommended Citation

Prajakta Arote, Dr. Hastimal Sagara and Dr. Pravin Jadhav (2025) "Examining The Role Of Nontariff Barriers In Trade Regulation And Trade Flows: Insights From The Indiaasean Free Trade Agreement", GNLU Journal of Law And Economics : Volume VIII 2025, Issue I
Available at: https://gnlu.ac.in/GJLE/Publications/Examining The Role Of Nontariff Barriers In Trade Regulation And Trade Flows: Insights From The Indiaasean Free Trade Agreement