Preferential Trade Agreements in India

 

Free Trade Agreements (FTAs) / Preferential Trade Agreements (PTAs)

 

According to Foreign Trade Policy of India 2015-20,

(a) India has always stood for a transparent, equitable, inclusive, predictable, non-discriminatory and rules based international trading system. In this context, India’s trade agreements may be seen as a measured and calibrated exposure of the Indian economy to international competition. As of October, 2014; India has signed 10 FTAs and 6 limited Preferential Trade Agreements (PTAs). India is also negotiating around 18 other FTAs.

(b) The list of the FTAs that have been signed by India are:

(i) India - Sri Lanka FTA

(ii) Agreement on South Asian Free Trade Agreement (SAFTA)

(iii) Revised Agreement of Cooperation between Government of India and Nepal to control unauthorised trade

(iv) India - Bhutan Agreement on Trade Commerce and Transit

(v) India - Thailand FTA - Early Harvest Scheme (EHS)

(vi) India - Singapore Comprehensive Economic Cooperation Agreement (CECA)

(vii) India – ASEAN CECA (Goods, Services and Investment)

(viii) India - South Korea Comprehensive Economic Partnership Agreement (CEPA)

(ix) India - Japan CEPA

(x) India - Malaysia CECA

(c) The list of Preferential Trade Agreements (PTAs) signed by India are:

(i) Asia Pacific Trade Agreement (APTA)

(ii) Global System of Trade Preferences (GSTP)

(iii) India - Afghanistan PTA

(iv) India - MERCOSUR PTA

(v) India - Chile PTA

(vi) SAARC Preferential Trading Arrangement (SAPTA)

(d) The list of these agreements with the participating countries as well as their entry into force is given in Appendix 2A. 

 

The above information is a part of Export Import Training online

 

The above details are about Preferential Trade Agreements in India as per Foreign Trade Policy of India 2015-20.

 

Bank Pre shipment Finance to exporters
Types of export containers
Measurement of export containers
Foreign Trade Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation
How to import your product?
How to export your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Disadvantages of Letter of credit (LC) for Exporter
Types of export containers
Measurement of export containers
Foreign Trade Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation
Importation of salt, earth stone, lime cement
How to import Tobacco and Tobacco Substitutes
Tips to importers of Prepared Animal Fodder
How many types of shipping bills in export
How to add Line number in Import General Manifest in Custom in India
Import General Manifest (IGM)
Why prefer exports?
How does a Running bond work?
How does Bill of Lading work in DP payment terms?
Types of Export Containers
Dimension of Cargo Containers
Difference between general dry cargo container and Tank Container
How to import Vinegar,Beverages
Foreign Trade Policy 2014-19 (FTP 2014-19) delayed
Method to import Organic chemicals
How to import Perfumery, toilet preparations, oils
Procedures to Import Clocks, Watches
Why, best attention while preparing Export Invoice?
Why to insure export goods?
What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers