Scenario Analysis of Textile Industry in Asia-Pacific Trade Agreement (APTA)

Asia -Pacific Trade Agreement (APTA) is one of the major Preferential Trade Agreement integrating two major markets of India and China in the Asia-Pacific region. The textile industry is one of most important industry that requires APTA trade liberalisation to promote intra-regional trade. The present paper highlights how the export and import share of the select economies within APTA have changed and it provides a scenario analysis with a commitment to expand the sector. The paper also brings out significant improvement which India may focus on to improve the trade scenario of the textile industry and how APTA may provide a direction in this regard.