Free Trade Agreement Malaysia India

Asean india free trade area aifta in effect as of 1 january 2010.

Free trade agreement malaysia india. Malaysia and india established the malaysia india comprehensive economic cooperation agreement miceca on 24 september 2010. Miceca is a comprehensive agreement that covers trade in goods trade in services investments and movement of natural persons. Article 1 definitions for the purposes of this agreement the term. A monitoring database on free trade agreement developments with asia pacific economies.

Asean china free trade area acfta in effect as of 1 january 2010. Asean korea free trade area akfta in effect as of 1 january 2010. While at the asean level malaysia has 6 regional ftas with asean free trade agreement afta china korea japan australia new zealand and india. India and mercosur signed an initial framework agreement on june 17 2003 which outlined mutual tariff preferences and proposed a free trade area between the two parties in line with the rules of the world trade organization wto.

Report of the joint study group on the feasibility of establishing a comprehensive economic cooperation agreement between india and malaysia. The asean india free trade agreement came into force on 1 january 2010 for malaysia and india this is an important agreement for malaysia as india is emerging as an important trading partner as well as a market for malaysian exports. A free trade agreement fta is an international agreement between two or more countries to reduce or remove trade barriers and bring closer economic integration. A aifta means the asean india free trade area under the framework agreement on comprehensive.

Miceca came into force on 1 july 2011. The ceca contains trade facilitative provisions covering rules of origin sps tbt measures customs cooperation and trade remedies. The market access commitments under the ceca provide for more liberal tariff concessions including faster timelines and reduced exclusion lists than in the asean india trade in goods agreement. What is an fta.

Government of india. Asean india free trade area while allowing flexibility to parties to address their sensitive areas as provided in the framework agreement. Asean has bilateral agreements with the following countries and blocs. Have agreed as follows.

Miceca is a comprehensive agreement that covers trade in goods trade in services investments and movement of natural persons. Sort by status notification to the wto type. Form ai is a preferential certificate of origin that is accepted as evidence of origin by preference giving countries member countries of aifta to obtain preferential treatment.