India-ASEAN cooperation in services - an overview
India and ASEAN have complementary expectations from the FTA under negotiation. While ASEAN stands to gain most in goods liberalisation, India’s interests clearly lie in services.
This paper analyses the opportunities in services trade that may arise out of the India-ASEAN Economic Cooperation to makes an assessment of the net gains that could arise from liberalisation of the commercially traded service sector. The study suggests that at least in the medium term (until the conclusion of the AFAS negotiations ending with the service sector integration within ASEAN), there is a lot to be gained from a bilateral engagement between India and the Members of ASEAN in services.
