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India


Cabinet approves signing of PTA with Chile
The Union Cabinet today approved signing of Preferential Trade Agreement between India and Chile which will pave the way for a Free Trade Agreement (FTA) between the two countries.
Pakistan ratifies SAFTA - but no free trade with India
Pakistan has ratified the much-trumpeted South Asia Free Trade Agreement (Safta), but trade between India and Pakistan will not be initiated under this agreement, instead it will continue under the existing import regime.
India, Asean toiling for pact on negative items under FTA
India and Asean (Association of South East Asian Nations) are struggling to reach an agreement on the list of sensitive items for the proposed free trade agreement (FTA) between the two sides. The sensitive or negative list contains items which will not be subjected to duty cuts agreed under the FTA.
Malaysia: FTAs with Pakistan, Australia & NZ to be completed this year
Free Trade Agreement (FTA) initiatives with Pakistan, Australia and New Zealand are expected to be completed this year, Malaysia’s International Trade and Industry Minister Datuk Seri Rafidah Aziz said Tuesday. She also said that FTA negotiations with the US and India would also begin this year, followed by the launch of a joint feasibility study for a possible FTA between Malaysia and Chile.
Eastern promise
Trade and investment. Not words which always set the pulse racing, the heart pounding.
Obhrai wants free trade pact
Indo-Canadian MP Deepak Obhrai, newly named parliamentary secretary to the minister of foreign affairs, has said he will push for a free trade agreement between India and Canada.
Japan hopes for free trade talks with India by summer
Japan hopes to open talks with India by this summer on a free-trade agreement, which would open the way for Asia’s largest economy to invest more in the emerging giant, an official said Wednesday.
India, Serbia-Montenegro signs economic cooperation pact
India and Serbia & Montenegro today signed a ’Trade and Economic Cooperation Agreement’, which includes grant of ’Most Favoured Nation’ treatment in trade of goods and services and setting up of a Joint Economic Committee to explore new areas for bilateral trade.
S. Korea, India aim to sign free trade deal by end of 2007
South Korea and India announced Tuesday the start of negotiations aimed at signing a free trade deal by the end of next year, officials said.
GCC-India FTA to be signed in near future
The GCC-India free trade agreement (FTA) will open over a billion consumers’ market for the Gulf countries.
Sri Lanka, Thailand benefit more from FTA with India
With India signing Free Trade Agreements (FTAs) with Sri Lanka (1998) and Thailand (2004), its imports from these two countries have gone up by over 300% and 125%, respectively, between 2002-03 and 2004-05. India’s exports to Sri Lanka rose by about 47% and that to Thailand by 19% during the same period.
Thailand prepares to expand talks on Thai-India FTA agreements beginning in March
Thailand prepares to expand its FTA agreements with India from the original 82 items, after managing to open FTA areas with Japan.
Korea now plans to expand free trade aggressively
After reaching free trade agreements with relatively small economies such as Chile and Singapore, Korea is looking to expand its horizons as it prepares to launch free trade negotiations with two of the world’s leading economies.
Indo-Russia new pact in the offing
India and Russia will be working for new economic agreements that would include higher investment of Russian firms in the country’s lagging infrastructure.
India will have to allay fears of other members about its dominance
THE SOUTH Asian Free Trade Agreement (SAFTA) has come into force with effect from January 1. The South Asian Association for Regional Cooperation (SAARC) which consists of seven countries, namely, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka, is expected to start implementing SAFTA from June - July this year.
India for pan-Asian trade agreement
India on Friday expressed its desire for eventually expanding the proposed comprehensive economic cooperation agreement (Ceca) with Asean to a pan-Asian pact covering six more countries including Japan, China, Korea, Australia and New Zealand, aiming at a common economic community in East Asia.
India, Saudi Arabia sign landmark business deal
India bilateral business and economic ties with Saudi Arabia got a significant boost with the signing of the proposed Bilateral Investment Protection Agreement (BIPA) and the Double Taxation Avoidance Agreement.
Indian president makes first-ever state visit to Korea
Indian President Abdul Kalam will make a four-day visit to Korea from Feb. 6 through 9 for a summit with Korean President Roh Moo-hyun.
Durables industry yet to reap benefits of Indo-Thai FTA
The free trade agreement (FTA) signed between India and Thailand in 2004, widely expected to bring down the prices of colour televisions and colour picture tubes imported from Thailand, is yet to have its desired effect.
Sri Lanka’s free trade agreement with Pakistan
By having preferential access to the two major markets in South Asia - India and Pakistan - Sri Lanka can now position itself as the conduit for Indo-Pakistan trade that has diminished due to political problems centred around the Most Favoured Nation treatment.