Indian Free Trade Agreements

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Syllabus of the Subject: International Economic Relations and Free Trade Agreements of India.

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

Related Education

Indian Trade Agreements and Economic Relations (Hindu Economic Area)

Masters and Doctorate in Global Business adapted to the Indian Students.

Indian Free Trade Agreements.

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

Indian Bilateral agreements.

1. India-Sri Lanka Comprehensive Economic Partnership Agreement;
2. India-Thailand Free Trade Agreement (FTA;
3. India-Singapore Comprehensive Economic Cooperation Agreement;
4. India-Chile Preferential Trade Agreement;
5. MERCOSUR-India Preferential Trade Agreement;
6. Andean Community-India Free Trade Agreement (FTA);
7. South Korea-India Economic Partnership Agreement;
8. European Union-India Free Trade Agreement;
9. India-New Zealand Free Trade Agreement (FTA);
10. Maldives-India Free Trade Agreement;
11. Bangladesh-India Free Trade Agreement;
12. Nepal-India Free Trade Agreement;
13. India-Mauritius Economic Cooperation Partnership Agreement;
14. Canada-India Comprehensive Economic Partnership Agreement;
15. India-Indonesia Economic Cooperation Agreement;
16. Malawi-India Agreement;
17. India-Japan Comprehensive Economic Partnership Agreement (EPA);
18. India-Afghanistan Preferential Trade Agreement;
19. India-Malaysia Comprehensive Economic Cooperation Agreement;
20. India-Bhutan Free Trade Agreement;
21. India-Bhutan Agreement on Foreign Trade, Commerce and Transit. The main objective of this agreement is to foster the international trade and the economic development between India and Bhutan (Signed on 1995);
22. Transit Trade Agreement between India, Iran and Afghanistan.

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

Legend:

1. FTA: Free Trade Agreement;
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-Pakistan Trading Arrangement (not a formal agreement);
4. India-Australia Free Trade Agreement (FTA);
5. India-European Free Trade Association Negotiations on broad based trade and Investment Agreement;
6. India-Southern Africa Customs Union (SACU).

Regional Agreements.

1. ASEAN-India Trade in Goods Agreement;
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. India and the Ocean Rim Association (IORA);
6. Asian Clearing Union (ACU);
7. International Trade Preferences Global System;
8. Global System of Trade Preferences among Developing Countries (GSTP);
9. Asia-Pacific Trade Agreement (APTA);
10. Africa-India Cooperation;
11. Africa-Asia (India) Strategic Partnership;
12. Shanghai Cooperation Organization (SCO);
13. Asia-Middle East Dialogue (AMED);
14. Arab League (LAS) (observer);
15. Indian Ocean Commission (observer).

Trade Facilitation Programs.

1. World Trade Organization (WTO)
   1. WTO General Agreement on Trade in Services (GATS);
   2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS);
   3. WTO Agreement on Technical Barriers to Trade (TBT);
   4. WTO Agreement on Preshipment Inspection (PSI);
   5. WTO Agreement on Safeguards (SG);
   6. WTO Trade Facilitation Agreement (TFA).
2. World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC).
3. International Road Transport Union (IRU)
   1. TIR Convention;
   2. Guidelines on Safe Load Securing for Road Transport.
4. International Chamber of Shipping (ICS).

Logistics Corridors:

1. Asia-Africa Growth Corridor;
2. International Transport and Transit Corridor of the Ashgabat Agreement;
3. India-Chabahar (Iran)-Afghanistan Economic Corridor;
4. Bangladesh-China-India-Myanmar Economic Corridor;
5. International North-South Transport Corridor (India-Russia);
6. Access to the:
   1. China-Pakistan Economic Corridor;
   2. Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO);
   3. Trans-Caspian Trade and Transit Corridor (Central Corridor).

Global Organizations:

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN);
   3. Commission on International Trade Law (UNCITRAL);
   4. World Intellectual Property Organization (WIPO).
2. World Bank (WB);
3. African Development Bank (AfDB);
4. World Trade Organization (WTO);
5. International Monetary Fund (IMF);
6. Organization for Economic Cooperation and Development (OECD) (Key Partner).

Samples (c) EENI