India's Free Trade Agreements

EENI- School of International Business

Sub-subject: India's International Economic Relations and Free Trade Agreements (FTA). Syllabus:

1. Indian Bilateral agreements: Sri Lanka, Singapore, Chile, the MERCOSUR, Korea, Pakistan, the European Union (EU), New Zealand, Mauritius, Bhutan, Bangladesh, Maldives, and Nepal
2. Indian Regional Agreements
3. The Association of Southeast Asian Nations (ASEAN)
4. The Bay of Bengal Initiative (BIMSTEC)
5. The Agreement with the Southern Africa Customs Union (SACU)
6. The Generalised System of Preferences (India)
7. The Asia-Pacific Trade Agreement
8. Proposed agreements: Indonesia, the Gulf Cooperation Council (GCC), Canada, Thailand, Australia, and the European Free Trade Association (EFTA)
9. Trade Relations with the Andean Community
10. The Africa-BRICS Cooperation

Sample of the Sub-subject: India's Trade Agreements and Economic Relations (economic area of the Hindu Civilisation)

Description of the Sub-Subject: India's Free Trade Agreements

India views regional trade agreements as building blocs towards the final objective of the international trade liberalisation.

Indian Bilateral agreements.

1. Sri Lanka
2. Thailand
3. Singapore
4. Chile
5. The MERCOSUR
6. The Andean Community
7. South Korea
8. The European Union
9. New Zealand
10. The Maldives
11. Bangladesh
12. Nepal
13. Mauritius
14. Malawi-India Agreement
15. India-Bhutan Agreement on Foreign Trade, commerce and Transit. The main objective of this agreement is to foster international trade and Economic development between India and Bhutan (Signed on 1995)

India has several Free Trade Agreements (FTA) with the African Countries: Angola, Botswana, Cameroon, Ivory Coast, Ghana, Liberia,, Mozambique, Mauritius, Nigeria, Rwanda, Senegal, South Africa, Swaziland, the Seychelles, Tanzania, Uganda, Congo, Zambia, and Zimbabwe.

Legend:

1. FTA: Free Trade Agreement (FTA)
2. CECA: Exhaustive Economic Cooperation Agreement
3. CEPA: Exhaustive Economic Partnership Agreement
4. CECPA: Exhaustive Economic Cooperation and Partnership Agreement
5. PTA: Preferential Trade Agreement

Proposed FTA/under consultation and study.

1. India-Indonesia
2. India-Cooperation Council for the Arab States of the Gulf Agreement
3. India-Canada
4. India-Pakistan Trading Arrangement (no formal agreement)
5. India-Australia
6. India-European Free Trade Association Negotiations on broad based trade and Investment Agreement

Regional agreements.

1. ASEAN-India
2. South Asian Association for Regional Cooperation (SAARC)
3. South Asia Subregional Economic Cooperation (SASEC)
4. India and the Bay of Bengal Initiative for Multi - Sectoral Technical and Economic Cooperation (BIMSTEC)
5. Indian and the Ocean Rim Association (IORA)
6. Asian Clearing Union (ACU)
7. India and the Southern Africa Customs Union (SACU)
8. Global System of the international trade Preferences
9. Asia-Pacific Trade Agreement (APTA)
10. Africa-India Cooperation
11. Africa-Asia (India) Strategic Partnership

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