Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Signing Of FTAs

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Signing Of FTAs
News and Press Release
Dated:- 26-11-2014

The details of Free Trade Agreements (FTAs) entered into India with countries and multi-country organisations are given below: S. No. Name of the Agreement and the participating countries Date of Signing Date of Implementation 1. India - Bhutan Agreement on Trade, Commerce and Transit 17.01.1972 (revised on 28.07.200 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 6) (Agreement is renewed, from time to time, by mutual consent to such changes and modifications as may be agreed upon between the two countries) 29.07.2006 2. Revised Indo-Nepal Treaty of Trade 06.12.1991 (Revised on 27.10.2009) (The Treaty is amended/ modified by mutual consent of the contracting parties and the present Treaty is valid till 26.10.2016) 27.10.2009 3. India - Sri Lanka F .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TA 28.12.1998 01.03.2000 4. Agreement on South Asian Free Trade Area (SAFTA) (India, Pakistan, Nepal, Sri Lanka, Bangladesh, Bhutan and Maldives and Afghanistan) 04.01. 2004 01.01.2006 (Afghanistan became Eighth Member of SAARC from April, 2007 and the provisions of Trade Liberalization Programme are applicable to Afghanistan w.e.f. 07.08.2011). 5. India - Thailand FTA - Early Harvest Sch .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eme (EHS) 09.10.2003 01.09.2004 6. India - Singapore Comprehensive Economic Cooperation Agreement (CECA) 29.06.2005 01.08.2005 7. India - South Korea Comprehensive Economic Partnership Agreement (CEPA) 07.08. 2009 01.01.2010 8. India - ASEAN Trade in Goods Agreement (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) 13.08.2009 1st Jan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uary 2010 in respect of India and Malaysia, Singapore, Thailand. 1st June 2010 in respect of India and Vietnam. 1st September 2010 in respect of India and Myanmar. 1st October 2010 in respect of India and Indonesia. 1st November, 2010 in respect of India and Brunei. 24 January 2011 in respect of India and Laos. 1st June 2011 in respect of India and the Philippines. 1st August, 2011 in respe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ct of India and Cambodia. 9. India - Japan Comprehensive Economic Partnership Agreement 16.02.2011 01.08.2011 10. India - Malaysia Comprehensive Economic Cooperation Agreement 18.02.2011 01.07. 2011 11 India - ASEAN Services and Investment Agreement (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) 9.9.2014 1.7.2015 In addition to th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e above-mentioned FTAs, India has signed Preferential Trade Agreement (limited tariff lines with Margin of Preference i.e. percentage of Tariff concession) with the following countries: S. No. Name of the Agreement and the participating countries Date of Signing Date of Implementation 1 Asia Pacific Trade Agreement (APTA) (Bangladesh, China, India, Lao PDR, Republic of Korea, and Sri Lanka) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... July, 1975 (revised Agreement signed on 02.11.2005) 01.11.1976 2 Global System of Trade Preferences (G S T P) (Algeria, Argentina, Bangladesh, Benin, Bolivia, Brazil, Cameroon, Chile, Colombia, Cuba, Democratic People`s Republic of Korea, Ecuador, Egypt, Ghana, Guinea, Guyana, India, Indonesia, Iran, Iraq, Libya, Malaysia, Mexico, Morocco, Mozambique, Myanmar, Nicaragua, Nigeria, Pakistan, P .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eru, Philippines, Republic of Korea, Romania, Singapore, Sri Lanka, Sudan, Thailand, Trinidad and Tobago, Tunisia, Tanzania, Venezuela, Viet Nam, Yugoslavia, Zimbabwe) 13.4.1988 19.4.1989 (for 15 signatory countries) 3 India - Afghanistan PTA 06.03.2003 May, 2003 4 India - MERCOSUR PTA 25.01.2004 01.06.2009 5 India - Chile PTA 08.03. 2006 13.01.2009 (full implementation) The Governm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent is negotiating new FTAs, including expansion/review of some of the existing FTAs which is given below: S. No. Name of the Agreement 1 India - EU Broad Based Trade and Investment Agreement (BTIA) (Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom) 2 India - Sri Lanka CEPA 3 India - Thailand CECA 4 India - Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) 5 India EFTA BTIA (Iceland, Norway, Liechtenstein and Switzerland) 6 India - New Zealand FTA/CECA 7 India - Israel FTA 8 India - Singapore CECA (Second Review) 9 India - South African .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Custom Union (SACU) Preferential Trade Agreement (PTA) (South Africa, Botswana, Lesotho, Swaziland and Namibia) 10 India - MERCOSUR PTA (expansion) (Argentina, Brazil, Paraguay and Uruguay) 11 India - Chile PTA (expansion) 12 BIMSTEC CECA (Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal) 13 India - Gulf Cooperation Council (GCC) Framework Agreement (Saudi Arabia, Oman, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Kuwait, Bahrain, Qatar and United Arab Emirates) 14 India - Canada CEPA 15 India - Indonesia Comprehensive Economic Cooperation Agreement (CECA) 16 India - Australia FTA / CECA 17 Regional Comprehensive Economic Partnership (RCEP) Agreement among ASEAN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) + 6 FTA Partners (Australia, China, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... India, Japan, South Korea and New Zealand) (d) The free trade agreements (FTAs) complement the principles and agreements of the World Trade Organisation (WTO). India considers these agreements as building blocks towards achieving the multilateral trade liberalisation objective. The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nir .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mala Sitharaman in a written reply in Rajya Sabha today.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates