EENI Global Business School

India-Andean Community Trade Agreement



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Syllabus of the Subject

Foreign Trade in Goods India-Ecuador, Peru, Colombia


  1. Foreign Trade between India and the Andean Community
  2. Agreement to set up a mechanism for political consultation and cooperation between India and the Andean Community
  3. Trade Relations between India and Venezuela
  4. Andean Community-India free trade agreement (proposed)

Continuing education (International Trade & Business)


The Subject “India and the Andean Community” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Course: Hinduism and Business.

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Comunidad Andina India Study Doctorate in International Business in French Inde Masters Foreign Trade in Portuguese India.

Foreign Trade and Business in India (Bharat) Foreign Trade and Business in Central America

Market Access - Trade Agreements


India-Andean Community Agreement

On June 2003, the Andean Community and India established a Political Dialogue and Cooperation Mechanism with the goal of strengthening and diversifying their friendship, understanding, and cooperation and developing the mutual bilateral trade and foreign direct investment relations.

A draft of the Free Trade Agreement has been forwarded to the Andean Community Secretary-General but is not entered into force.

Foreign Trade between India and the Andean Community.

  1. Foreign Trade between the Andean Community (Bolivia, Colombia, Ecuador, and Peru) and India: 1,519 million dollars
  2. In the last decade, the annual trade balance was negative for the Andean Community
  3. Andean Community exports to India: 568 million dollars
  4. Main Andean Community exporter to India: Colombia
  5. Exports from Colombia to India: 449 million dollars (79% of the Andean Community exports to India)
  6. Andean Community imports from India: 951 million dollars
  7. Colombia is the Andean Community nation with the largest level of the imports from India (504 million dollars)
  8. Top exports products from India to Venezuela are pharmaceuticals, engineering products, petroleum coke, textiles, equipment, chemicals, and machinery

The Andean Countries belong to the Western Civilization (Latin American Economic Area) and India to the Hindu Economic Area.

Gita-Ramakrishna Institute (Es).



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