India, ASEAN agree to review free trade pact in goods

News:India and the 10-member ASEAN nations have agreed to initiate a review of the bilateral free trade agreement(FTA) in goods to make it more user-friendly, simple and trade facilitative. Facts: About ASEAN–India Free Trade Area (AIFTA)  The ASEAN–India Free Trade Area (AIFTA) is a free trade area among the ten member states of the Association… Continue reading India, ASEAN agree to review free trade pact in goods

India, Mauritius close to sewing up FTA

India and Mauritius are close to finalising the proposed bilateral free trade agreement (FTA). The agreement had got delayed due to apprehensions amongst domestic players in both countries about providing unlimited market access for some items. The two countries have now decided to go for tariff rate quotas(TRQs) for items where limited preferential access is… Continue reading India, Mauritius close to sewing up FTA