India has concluded negotiations for a free trade agreement (FTA) with the Association of Southeast Asian Nations (Asean), with the deadlock over certain ‘outstanding issues' that were stalling the pact from taking off being finally resolved.
After three years of strenuous talks, negotiations for the free trade agreement (FTA) between Association of South-East Asian Nations (Asean) and India were finally concluded Thursday.
An EU-Asean Minus Free Trade Agreement -- likely to exclude Laos, Burma and Cambodia -- is expected to be established within the next two to three years' time, a European Commission official in Indonesia said.
The East Asia Summit, a “leaders-driven forum” with India, as also China and Japan in its fold, “is studying the feasibility of a free trade area among its 16 countries.”
The Association of Southeast Asian Nations is expected to endorse a continued push for free trade agreements with Australia & New Zealand, the EU and India during talks this weekend, a draft document said Friday.
The ongoing negotiations on the free trade agreement (FTA) between Asean countries and Australia-New Zealand (ANZ) are expected to be concluded in the near term, said Australian Prime Minister Kevin Rudd.
A New Zealand business group warned the government Friday against signing a free trade pact with the 10-member Association of South-east Asian Nations (ASEAN) that did not set a timetable for abolishing duties on meat and dairy products.
Ministers from the four-nation European economic grouping EFTA agreed on Monday to extend their network of free-trade and investment pacts to India and key Southeast Asian countries.
India is believed to be working out a trade off with Indonesia on palm oil, the last hurdle to a Free Trade Agreement that New Delhi has been negotiating with ASEAN for several years.