Global Policy Forum

Trade Pacts with Japan, Malaysia in February

The Indian government moved ahead with further market integration by signing trade pacts with Japan and Malaysia. India's rapidly growing economy is reliant on exports of goods and services and these agreements are meant to facilitate continued growth. Asian economies are quickly breaking down barriers to trade with unknown future consequences.

By Sweta Dutta

Indian Express
January 15, 2011


Launching the 'India Show 2011' today, Commerce and Industry Minister Anand Sharma said India will sign two major market-opening pacts with Japan and Malaysia in February. The government recently concluded negotiations for a Comprehensive Economic Partnership Agreement (CEPA) with Japan and a Comprehensive Economic Cooperation Agreement (CECA) with Malaysia.

"We will be signing the pacts in the next few weeks, in February for sure. The proposed free-trade agreement in services, a key area of interest for India, and investments with the 10-member Association of South East Asian Nations (ASEAN) is expected to be finalized by March," Sharma said. "What we are seeking is to reach an early conclusion on an agreement in trade in services by March, that is the mandate."

The 'India Show 2011', a three-day business fair and India symposium organized by the Confederation of Indian Industry (CII), India Brand Equity Foundation and the India High Commission in Singapore, has drawn a record participation of around 90 exhibitors from India. A wide range of Indian innovations right from Tata Nano to the spices, fabrics and wines of India were showcased at the fair.


FAIR USE NOTICE: This page contains copyrighted material the use of which has not been specifically authorized by the copyright owner. Global Policy Forum distributes this material without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.