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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.
Switzerland to explore FTA with India
Switzerland would explore the prospects of a Free Trade Agreement with India. Identifying India as an important market, the Swiss Minister of Economic Affairs, Joseph Deiss, said he would be discussing the issue with his counterparts in Delhi in the next two days.
India Fin Min: Hopes to sign FTA with Japan before China
Indian Finance Minister P. Chidambaram said Wednesday that India hopes to conclude a free trade or similar economic partnership agreement with Japan before it concludes one with China.
India, EU should sign free trade deal: UK
The United Kingdom has proposed that India and the European Union enter into a Free Trade Agreement. The suggestion was made by the visiting UK Trade Minister, Ian Pearson, to Commerce and Industry Minister Kamal Nath, who said India would be "open" to the idea.
Islamabad may stay out of South Asian Free Trade Area treaty
Pakistan is likely to stay away from the South Asian Free Trade Area (Safta) to avoid its political fallout on the country’s principled stand on Jammu and Kashmir dispute.
India-Saudi Arabia investment agreement to be signed
The Union Cabinet today approved the proposal for signing the Bilateral Investment Promotion and Protection Agreement with the Kingdom of Saudi Arabia.
For the GCC and India, escalating opportunities
Regional economic diversification received a boost when the Gulf Cooperation Council (GCC) and India - which signed a bilateral framework agreement for economic cooperation in August 2004 - announced that final negotiations for a free-trade agreement (FTA) would start this month, to thrash out niggling issues like rules of origin and differential tariffs.
Crisis-ridden Vanaspati producers to hold protest tomorrow
Threatened with virtual closure of domestic Vanaspati industry, manufacturers for the first time will resort to workers-type-demonstration, staging a march to the Parliament, as a protest against import of Vanaspati on zero-tariff from Sri Lanka under Free Trade Agreement (FTA) that rendered the local production uncompetitive.
Green signal for Ceca with Malaysia
A comprehensive economic cooperation agreement (CECA) between India and Malaysia may soon become a reality. The joint study group appointed by the two countries to examine the feasibility of such an agreement has given it the green signal.
Vanaspati firms feel free trade heat
In what could be one of the first adverse fall-outs of free-trade agreements, domestic vanaspati producers have alleged that India is turning out to be a major market for imports from Sri Lanka, Nepal and Bhutan, although these countries have no major cultivation of oilseeds.
S. Korea, India adopt final framework on FTA talks
South Korea and India adopted a final framework Friday to begin talks on a free trade agreement, Seoul officials said.
Bilateral trade deals to end, predicts expert
Country-specific trade agreements might finally give way to an integrated trade agreement or organisation, indicated Abdul Quader Shaikh, Senior Economist, United States (US) Department of Commerce at a seminar on the WTO today.
GCC-India FTA talks give fillip to ‘Asian Community’
The regional economic diversification plan gets a boost with the Gulf Cooperation Council (GCC) and India - which signed a framework agreement for economic cooperation in August 2004 - announcing final negotiations for a free trade agreement (FTA) starting January 2006 to thrash out niggling issues like rules of origin and differential tariffs.
Japan to pursue free trade deals with China - paper
Japan is likely to pursue free-trade agreements with China and India as well as Australia to give it more clout in a proposed East Asian community, a leading Japanese daily reported on Tuesday.
Kamal Nath wants FM to correct inverted duty under Thai FTA
India’s department of industrial policy and promotion has asked the finance ministry to correct the inverted duty structure on a few product lines under the India-Thailand free trade agreement (FTA).
SAFTA to allow direct trade with Pakistan
India and Pakistan will be able to trade directly without the help of third-country destinations once the South Asian Free Trade Agreement (SAFTA) comes into force from January 1.