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Thailand India Free Trade Agreement

From 2004, the free trade agreement between Thailand and India included trade in goods until 2010. In order to accelerate tariff reductions, the two countries agreed to set up a money-buying information exchange programme (EHS) for 82 goods supplements, whose duties have been reduced to 0% since September 2006 – completely abolished. Afghanistan has bilateral agreements with countries and the following blocs:[1] Thailand wants India to speed up its decision on the proposed full-fledged free trade agreement (FTA) with the country to increase trade and investment flows. It is a list of free trade agreements between two parties in which each party could be a country (or another customs territory), a trade bloc or an informal group of countries. Bilateral trade between countries was valued at $4.1 billion in the first half of 2010, an increase of 29% over the previous year. Of the total, Thailand`s exports to India were worth $2.6 billion, while its imports from India were $1.5 billion. Turkey has bilateral and multilateral agreements with: AEM-India has agreed to review the ASEAN-India trade agreement signed since 2009 in order to modernize it and keep it up to date with the current trade situation. The review would include the implementation of relevant commitments, trade facilitation, the possibility of liberalizing products in sensitive and exclusionary lists, the exchange of information on trade and information, and the promotion of the ASEAN-India Free Trade Area. This revision would help expand trade between ASEAN and India and give more preferential rights to Thai companies. List of agreements being negotiated.

Agreements that have so far been discussed only in the absence of formal action by the parties concerned are not mentioned. Finally, negotiations on ASEAN-India services and investment agreements, which began in 2008 as part of consultations between ASEAN`s economic ministers and India`s economy minister, concluded on 19 December 2012 in New Delhi-India. The heads of state and government of ASEAN and India jointly announced at the ASEAN-India Commemoration Summit in New Delhi, India, on 20 December 2012 the successful conclusion of negotiations on services and investments under the ASEAN-India Free Trade Area. The goods agreement is quite ambitious, as all parties reduce or eliminate tariffs on more than 90% of tariffs, which account for about 96% of total trade (source: www.bilaterals.org/) In 2015, the 13th AEM-India meeting in Kuala Lumpur, Malaysia, was one of the main meetings of the ASEAN-India framework.

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