India-Chile Trade AgreementEENI- School of International Business |
Sub-subject: India-Chile Preferential Trade Agreement (PTA). Syllabus:
- Introduction to the Preferential Trade Agreement (PTA) between Chile and India.
- Key Advantages for Exporters.
- Foreign Trade India-Chile
Master in International Business for Indian students Languages of study: |
or 
Sample of the sub-subject: India-Chile Preferential Trade Agreement (PTA)
Sub-Subject Description: India-Chile Preferential Trade Agreement (PTA).
The India-Chile Preferential Trade Agreement came into force in 2007
A Framework Agreement to promote economic cooperation and foreign trade between India and Chile was signed in 2005.
The objectives of the India-Chile Preferential Trade Agreement (PTA) are to:
- Promote the growth of international trade the development of the economic relations between India and Chile
- Provide fair conditions of competition for international trade between India and Chile.
The main result of the India-Chile Preferential Trade Agreement is that 98% of Chilean exports and 91% of Indian exports have an average tariff reduction of 20% since the entry into force of the agreement.
- Chile lowered tariffs on 296 export products from India, while India lowered tariffs on 266 export products of the Republic of Chile.
- Tariff Reduction is between 10% and 50%.
The Free Trade Agreement (FTA) between Chile and India is an inter-civilisation agreement between the Latin American Economic Area of the Western Christian Civilisation and the economic area of the Hindu Civilisation.
