Impact of FTA on Domestic Industries [Free Trade Agreements]

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..... Impact of FTA on Domestic Industries [Free Trade Agreements]
News and Press Release
Dated:- 1-12-2010

Following is the list of countries with which India entered into Free Trade Agreements since January 2004 to December 2009. S.No Name of the Agreement Date of Signingof the Agreement Date of Implementation 1 Agreement on South Asia Free Trade Area (SAFTA) 04.01.2004 01.01.20 .....

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..... 06 2 Early Harvest Scheme (EHS) under the Framework Agreement between India and Thailand 01.09.2004 01.09.2004 3 India - Singapore Comprehensive Economic Cooperation Agreement 29.06.2005 01.08.2005 4 Trade in Goods under the India - ASEAN Comprehensive Economic Cooperation Agreement 13.08.2009 01.01.2010 5 India - Korea Comprehensive Economic Partnership Agreement 07.08. 2009 .....

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..... 01.01.2010 6 India - MERCOSUR Preferential Trade Agreement 25.01.2004 01.06.2009 7 India - Chile Preferential Trade Agreement 08.03.2006 11.09.2007 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 Trad .....

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..... e 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.
News - Press release - PIB .....

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