1. : Introduction -- 1.1. India's Trade Policy Reforms -- 1.2. Rationale -- 1.3. Scope -- 2. : Regional Economic Agreements of India: Status, Potential, and Some Experiences -- 2.1. Experience Gained from Implementation -- 2.1.1. India-Bhutan Free Trade Agreement -- 2.1.2. India-Nepal Trade Treaty -- 2.1.3. India-Sri Lanka Free Trade Agreement -- 2.1.4. South Asian Free Trade Area Agreement -- 2.1.5. India-Afghanistan Preferential Trade Agreement -- Rules of Origin -- 2.1.6. India-Thailand Early Harvest Scheme and FTA. 2.1.7. India-Singapore Comprehensive Economic Cooperation Agreement -- 2.1.8. India-ASEAN FTA -- 2.1.9. India-Malaysia CECA -- 2.1.10. India-New Zealand CECA -- 2.1.11. India-Indonesia CECA -- 2.1.12. Asia Pacific Trade Agreement -- The erstwhile Bangkok Agreement -- 2.1.13. Global System of Trade Preferences -- 2.1.14. East Asia Summit -- Annex 2.1. -- Annex 2.2. -- Annex 2.3. -- 3. : The Economics of Regional Integration and Analytical Insights from Negotiations -- 3.1. Economic Rationale of Regional Integration -- 3.1.1. Adjustment cost versus efficiency concerns. 3.1.2. Linkages between trade in goods and trade in services -- 3.1.3. Trade-Investment linkages -- 3.1.4. Importance of regional economic integration for scale expansion -- 3.1.5. Trade creation and diversion -- 3.1.6. Trade diversion not necessarily bad -- 3.1.7. Rules of origin: Developmental outcomes -- 3.1.8. Some empirical estimates -- 3.1.9. Tests of stationarity -- 3.1.10. Levin-Lin-Chu test -- 3.1.11. Im-Pesaran-Shin test -- 3.1.12. Hadri test -- 3.2. Analytical Insights from Negotiations -- 3.2.1. "Substantially all trade" -- 3.2.2. Sensitive list. 3.2.2. 1. Safeguarding the sensitivities of the agriculture sector: Lessons from RTAsof the ASEAN countries and some developed countries -- 1. Evolution of AFTA in Addressing Agricultural Sensitivities -- 2. ASEAN-China FTA -- 3. ASEAN-South Korea FTA -- 4. Japan-Philippines Economic Partnership Agreement -- 5. Japan-Thailand Economic Partnership Agreement -- 6. Japan-Malaysia Economic Partnership Agreement -- 7. Thailand-Australia FTA -- 8. US-Thailand FTA -- 9. Malaysia-South Korea FTA -- 3.2.2. 2. Treatment of agriculture sector in agreements of the developed countries -- 10. US-Australia FTA. 11. EU FTAs: Treatment to Agriculture -- 12. US-Israel FTA -- 3.2.2. 3. Summary -- 3.2.3. Rules of Origin -- 3.2.3. 1. The rationale -- 3.2.3. 2. Modalities -- 3.2.3. 3. Change in tariff heading versus change in tariff subheading -- 3.2.3. 4. Rules of Origin as a development policy tool -- 3.2.3. 5. Enhancing the feasibility of welfare-inducing FTA -- 3.2.4. Trade in services -- 3.2.4. 1. Uniqueness of services -- 3.2.4. 2. Major characteristics of services -- 3.2.4. 3. Theories of trade in services -- 3.2.4. 4. Relevance of services trade integration in SAARC -- 3.2.5. Investment cooperation -- Annex 3.1. -- Annex 3.2. 4. : Empirical Estimation of Economic and Welfare Gains.