India-Korea CEPA: Harnessing the Potential in Services

July 1, 2014

This ICRIER report assesses the impact of the India-Korea Comprehensive Economic Partnership Agreement on trade in services between the two countries, with the objective of identifying potential areas for harnessing services trade between the two countries. It concludes that there are strong complementarities for services trade in sectors such as IT, transportation, construction and audiovisual services. By collaborating in these areas, India and Korea can not only strengthen their trade ties but can also gain a competitive advantage in the global market.