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DTTI was signed in 2015. India was designated as a major defence partner. A special cell was created to facilitate defence trade agreements with India.

The major point of this deal was that India places its nuclear power reactors under the IAEA’s safeguards permanently. IAEA is a United Nations’ nuclear watchdog group. In addition, India agrees to sign an additional protocol which gives the IAEA the power to subject India’s civilian nuclear facilities to more intrusive inspections.

India became the third Asian country after Japan and South Korea to get the Strategic Trade Authorisation-1 (STA-1) status. It paves the way for high-technology product sales to New Delhi, particularly in the civil space and defence sectors.

Led by the US’s International Development Finance Corporation (DFC), the Blue Dot network was jointly launched by the US, Japan (Japanese Bank for International Cooperation) and Australia (Department of Foreign Affairs and Trade) in 2019 on the sidelines of the 35th ASEAN Summit in Thailand.
It is meant to be a multi-stakeholder initiative that aims to bring governments, the private sector and civil society together to promote “high quality, trusted standards for global infrastructure development”. The proposal for the Blue Dot network is part of the US’s Indo-Pacific strategy, which is aimed at countering Chinese President’s ambitious BRI.

The Generalized System of Preferences (GSP), instituted in 1971 under the aegis of UNCTAD, has contributed over the years to creating an enabling trading environment for developing countries.
It is a preferential arrangement in the sense that it allows concessional low/zero tariff imports from developing countries. The objective is to give development support to poor countries by promoting exports from them into the developed countries.