This paper is part of a collaboration between the Indian Council for Research on International Economic Relations (New Delhi) and the University of Lausanne (Switzerland) within the framework of the Indo-Swiss Joint Research Programme in the Social Sciences. The IndoSwiss Joint Research Programme in the Social Sciences is co-financed by the Indian Council for Social Science Research and the State Secretariat for Education, Research and Innovation (Switzerland). Co-directed by Prof. Smita Srinivas, former Honorary Professor at the Indian Council for Research on International Economic Relations, and Prof. Jean-Christophe Graz, Full Professor at the University of Lausanne, the collaborative research project aimed to study development concerns in regional trade policymaking and was entitled ‘Where is transnational regulation determined? Development priorities and trade agreements beyond and within the Nation-States’. A special thank you goes to our colleagues from the Indian Council for Research on International Economic Relations, namely Prof. Smita Srinivas, Prof. Arpita Mukherjee and Sandeep Paul, for the enriching and fruitful teamwork.