Implementation of the TFA hinges on various obligations in the form of these commitments under the agreement, which further depend on the ‘capacity’ of the member countries with regard to implementation. This capacity can be measured in terms of the ability of countries to effectively enforce these obligations by employing various stringent policies on the domestic platform, along with possible international initiatives. This discussion becomes interesting when we also scrutinise the legal nature of the provisions of the TFA.
Against this backdrop, this paper examines India’s commitments and capacity in light of various trade initiatives taken by the country, while at the same time looking into a myriad of challenges and possible opportunities that exist for India on its trade facilitation journey.