India-Chile Trade Agreement |
EENI- 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 the Exporters
- Foreign Trade between India and Chile
The sub-subject “India-Chile Preferential Trade Agreement (PTA)” is studied...
Master and Doctorate in International Business for the Indian Students Languages of study |
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Sample of the sub-subject: India-Chile Preferential Trade Agreement (PTA)
Description of the Sub-Subject: India-Chile Preferential Trade Agreement (PTA).
The India-Chile Preferential Trade Agreement came into force in 2007.
A Framework Agreement to promote the economic cooperation and foreign trade between India and Chile was signed on 2005.
The objectives of the India-Chile Preferential Trade Agreement (PTA) are to:
- Promote the growth of the international trade and the development of the economic relations between India and Chile
- Provide fair conditions of competition for the international trade between India and Chile
The main result of the India-Chile Preferential Trade Agreement is that 98% of the Chilean exports and 91% of the 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
- The 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.
