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Trade with ASEAN Nations

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..... Trade with ASEAN Nations - News and Press Release Dated:- 11-3-2013 - News - The details of bilateral trade between India and the ASEAN Countries during the year 2009-10, 2010-11, 2011-12 and 2012-13(Jan, 2013) (Provisional) are as follows: Country 2009-10 2010-11 2011-12 2012-13( Jan, 2013) Export Import Tota .....

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..... l Trade Export Import Total Trade Export Import Total Trade Export Import Total Trade Brunei 24.44 428.65 453.09 23.7 234.17 257.23 895.49 751.68 1647.17 30.38 895.11 925.49 Cambodia 45.54 5.05 50.60 66.94 .....

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..... 8.01 74.95 99.45 7.62 107.07 92.57 10.69 103.26 Indonesia 3063.36 8656.66 11720.03 5700.87 9918.63 15619.50 6666.51 14650.11 21316.61 4303.50 12073.19 16376.69 Lao PDR 16.93 20.05 36.98 13.11 0.22 13.33 14.97 .....

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..... 89.53 104.50 22.95 117.93 140.88 Malaysia 2835.41 5176.78 8012.19 3871.18 6523.58 10394.76 3977.30 9555.70 13533.00 3205.83 8826.55 12032.38 Myanmar 207.97 1289.80 1497.77 320.62 1017.67 1338.29 543.57 1324.74 1868.31 3 .....

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..... 97.18 1165.35 1562.53 Philippines 748.77 313.07 1061.84 881.10 429.39 1310.49 991.81 455.65 1447.46 952.45 430.43 1382.88 Singapore 7592.17 6454.57 14046.74 9825.44 7139.31 16964.75 16794.88 8576.94 25371.81 11539.30 6312.99 .....

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..... 17852.29 Thailand 1740.16 2931.52 4671.68 2274.21 4272.09 6546.31 2951.71 5418.23 8369.94 2942.80 4488.81 7431.60 Vietnam 1838.95 521.81 2360.76 2651.44 1064.90 3716.34 3713.81 1733.44 5447.25 3033.12 1683.69 4716.81 .....

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..... Total 18113.71 25797.96 43911.67 25627.99 30607.96 56235.95 36649.51 42563.63 79213.13 26520.09 36004.73 62524.81 In view of the nature of products being traded, it is not feasible to indicate a uniform unit to measure quantity. The trade data as given above reflects only trade in good .....

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..... s. In India, the only official source of data on Trade in Services is balance of payment statistics published by Reserve Bank of India which does not publish country-wise balance of payment statistics. The priority areas and sectors identified by the Government for expanding trade and economic cooperation with the ASEAN countries include Machinery Machine parts, Transport Equipments, Petroleum .....

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..... and Petroleum Products, Electronic Goods, Agro Industries, Gems Jewellery, Steel Steel products, Oil Cake, Wheat, Meat Meat Products, Automobiles Auto Components, Chemicals, Synthetic Textile, Drugs Pharmaceuticals etc. With a view to promote trade with ASEAN Countries India has signed Agreement on Trade in Goods under the broader framework of Comprehensive Economic Cooperation Agreem .....

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..... ent (CECA) between India and the ASEAN on 13.08.2009. India and the ASEAN have also concluded negotiations on Agreement on Trade in Services and Agreement on Investment in December, 2012. India has also entered into Comprehensive Economic Cooperation Agreements with Singapore and Malaysia which came into effect on 01.08.2005 and 01.07.2011 respectively. India and Thailand signed a Framework Agreem .....

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..... ent (Early Harvest Scheme) on 09.10.2003. India and Thailand are presently negotiating a Comprehensive India-Thailand Free Trade Agreement. India and Indonesia have also agreed for negotiating a CECA. This information was given by the Minister of State for Commerce Industry, Dr. D Purandeswari in a written reply in the Lok Sabha today. DS/RK (Release ID :93404) - News - Press release - .....

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..... PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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