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Impact of FTA on Domestic Industries [Free Trade Agreements] |
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| 1-12-2010 | |||||||||||||||||||||||||||||||||
Following is the list of countries with which India entered into Free Trade Agreements since January 2004 to December 2009.
No commodities can enter the Indian market if they are prohibited under the Foreign Trade Policy. Whether a product is prohibited from imports or requires prior permission before imports or is freely importable is decided by the Foreign Trade Policy. Free Trade Agreements can only offer duty reduction on specific products and cannot change the import policy for any product/commodity. This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha today. |
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