9911796707
TMI BlogFTA with JAPAN.X X X X Extracts X X X X X X X X Extracts X X X X ..... FTA with JAPAN. - News and Press Release Dated:- 30-4-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 30-April-2012 17:10 IST FTA with JAPAN The details of countries with which India has entered into Free Trade Agreement (FTA), including Japan, 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 28.7.2006) 29.07.2006 (Agreement is renewed, from time to time, by mutual consent to such changes and modifications as may be agreed upon between the tw ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o countries) 2. Revised Indo-Nepal Treaty of Trade 06.12.1991 ( Revised on 27.10.2009 ) 27.10.2009 (The Treaty is amended/ modified by mutual consent of the Contracting Parties) 3. India - Sri Lanka FTA 28.12.1998 March, 2000 4. Agreement on South Asian Free Trade Area (SAFTA) (India, Pakistan, Nepal, Sri Lanka, Bangladesh, Bhutan and the Maldives) 04.01. 2004 01.01.2006 (Tariff concessions implemented from 01.07. 2006) 5. India - Thailand FTA - Early Harvest Scheme (EHS) 01.09.2004 01.09.2004 6. India - Singapore Comprehensive Economic Cooperation Agreement (CECA) 29.06.2005 01.08.2005 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7. India ASEAN Trade in Goods Agreement (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) 13.08.2009 1st January 2010 in respect of India and Malaysia, Singapore, Thailand. 1 st June 2010 in respect of India and Vietnam. 1 st September 2010 in respect of India and Myanmar. 1 st October 2010 in respect of India and Indonesia. 1 st November in respect of India and Brunei. 24 January 2011 in respect of India and Laos. 1 st June 2011 in respect of India and the Philippines. 1 st August, 2011 in respect of India and Cambodia. 8. India - South Korea Comprehensive Economic Partnership Agreement (CEPA) 07.08. 2009 01.01.2010 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 In addition to above-mentioned FTAs, the Government has signed Preferential Trade Agreement 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, Republic of Korea, Sri Lanka) July, 1975 (revised Agreement signed on 02.11.2005 01.11.1976 2 Global System of Trade Prefe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rences (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, Peru, Philippines, Republic of Korea, Romania, Singapore, Sri Lanka, Sudan, Thailand, Trinidad and Tobago, Tunisia, Tanzania, Venezuela, Viet Nam, Yugoslavia, Zimbabwe) April, 1988 April,1989 3 India - Afghanistan 06.03.2003 May, 2003 4 India - MERCOSUR 25.01.2004 01.06.2009 5 India - Chile 08.03. 2006 September, 2007 The Government is negot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iating FTAs / expansion of existing FTAs with the countries listed below. Negotiations would continue during the current financial year and it is difficult to predict a time-line for conclusion. The priority areas for India s FTAs are seeking market access through negotiations in Goods, Services and Investments. S. No. Name of the Agreement and Partner Countries 1. India - EU BTIA (Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom) 2. India - ASEAN CECA- Services and Investment Agr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eement (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) 3. India Sri Lanka CEPA 4. India - Thailand CECA 5. India - Mauritius CECPA 6. India - EFTA BTIA (Iceland, Norway, Liechtenstein and Switzerland) 7. India - New Zealand FTA/CECA 8. India Israel FTA 9. India - Singapore CECA ( Review ) 10. India Southern African Customs Union (SACU) Preferential Trade Agreement (PTA) (South Africa, Botswana, Lesotho, Swaziland and Namibia) 11. Indian - MERCOSUR PTA (Argentina, Brazil, Paraguay and Uruguay) 12. India Chile PTA 13. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... BIMSTEC CECA (Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal) 14. India Gulf Cooperation Council (GCC) Framework Agreement (Saudi Arabia, Oman, Kuwait, Bahrain, Qatar and Yemen.) 15. India Canada CEPA 16. India - Indonesia Comprehensive Economic Cooperation Agreement (CECA) 17. India-Australia CECA Evaluation of the impact of FTAs is a continuous process which starts even before FTA negotiations are entered into. Before entering into negotiations with its trading partners, studies are undertaken internally, as well as through the Joint Study Group (JSG) to study the feasibility of the proposed FTAs, including their impact on the domestic i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndustries and agricultural sector. The JSG report, on the basis of which FTA negotiations are launched, is made available on the Departments of Commerce website (http://commerce.gov.in). Consultations are also held with the domestic stakeholders including the Apex Chambers of Commerce and Industry, Industry Associations as well as the Administrative Ministries and Departments. In order to protect the interest of the domestic industries and agricultural sector, these agreements provide for maintaining sensitive/negative lists of items on which limited or no tariff concessions are granted under the FTA. In addition, in case of a surge in imports and injury to the domestic industry, a country is allowed to take recourse to measures such as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nti-dumping and safeguards. Every FTA has a Joint Review Mechanism to monitor the implementation of the FTA. India s trade and economic relations with all its FTA partners have increased substantially. This information was given by Shri Anand Sharma , Union Minister for Commerce, Industry and Textiles in written reply to a question in Lok Sabha today. DS/GK ***** - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
