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India, ASEAN FTA finalised
Author
ybradmin
Date
2017-11-20 21:37
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1513
SHARM EL-SHEIKH: India and the ASEAN countries have finalised the free trade agreement, which now awaits only the formal task of being signed upon.
The signing of the India-ASEAN FTA, which has been delayed due to a variety of reasons, was discussed during Prime Minister Manmohan Singh's meeting with his Malaysian counterpart Najib Abdul Razak on the sidelines of the NAM summit here. Sources said that it is now only a question of formally signing the agreement, which is scheduled to be implemented from January 1, 2010.
The text of the trade-in-goods agreement has already been finalised while discussions on agreements in investment and services will start soon. The FTA seeks to eliminate tariffs on over 4,000 products, which include a host of items from chemicals to electronics.
Partly quoted from the Economic Times on July 17, 2009
The signing of the India-ASEAN FTA, which has been delayed due to a variety of reasons, was discussed during Prime Minister Manmohan Singh's meeting with his Malaysian counterpart Najib Abdul Razak on the sidelines of the NAM summit here. Sources said that it is now only a question of formally signing the agreement, which is scheduled to be implemented from January 1, 2010.
The text of the trade-in-goods agreement has already been finalised while discussions on agreements in investment and services will start soon. The FTA seeks to eliminate tariffs on over 4,000 products, which include a host of items from chemicals to electronics.
Partly quoted from the Economic Times on July 17, 2009