Business Standard

Negotiating pitfalls: Are there basic lacunae in India's practices?

As cumulative experience should teach us, fuzzy approaches have costs, so the homework has to be done before signing of contracts, not after, writes T N Ninan

Image
Premium

T N Ninan
The Chinese have a recognised tactic in negotiations: Accept something in principle, then do nothing in practice. Or make a commitment it has no intention of honouring. Later, provoke a conflict or breakdown — or create new facts on the ground — for fresh assertions, and renewed negotiations to extract more concessions. Negotiation is thus a continuous process, there is no end point. Those familiar with the history of India’s border negotiations with Beijing know how consistently this has been put into practice, down to the present day. While the tactic has worked against India, it may or may not
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 21 2022 | 6:25 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com