Just two bilateral free-trade pacts behind it and a handful of them under negotiation, India has turned wiser. India and Thailand have come to differ on how to progress the 2004-born free-trade arrangement between them. New Delhi wants further liberalisation to happen simultaneously on trade in goods, services and investment.
The Confederation of Indian Industry and Canadian Council of Chief Executives have agreed to set up a task force to study the feasibility of India-Canada Free Trade Agreement (FTA).
Call it the GCC effect. Apprehending stiff competition for the domestic petroleum industry - which has significant public sector presence - once India signs a free trade agreement with the Gulf Co-operation Council (GCC), the petroleum ministry has opposed inclusion of tariff cuts on petro products in the comprehensive economic partnership agreement (CEPA) being negotiated with South Korea.
Negotiations for the proposed free trade agreement (FTA) covering goods, services and investments between India and Thailand, which were supposed to conclude by this month-end, are likely to go on till October.
Canada has reached a trade agreement with India, one of the world's fastest growing economies, which will guarantee fair legal treatment for each other's investors.
Learning from its Asean experience, India has asked the European Union to reach an internal consensus before putting offers on the negotiating table for the proposed comprehensive trade and investment agreement, for which talks will start later this month.
Learning from its Asean experience, India has asked the European Union to reach an internal consensus before putting offers on the negotiating table for the proposed comprehensive trade and investment agreement, for which talks will start later this month.
Thailand and India expect to complete negotiations on cutting duties on goods and services and sign a free-trade agreement by next month, according to Commerce Minister Krirk-krai Jirapaet.