CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. India-ASEAN FTA Expected By March 2008

India-ASEAN FTA Expected By March 2008

by Mary Swire, for LawAndTax-News.com

23 November 2007


It has emerged that disputed areas in FTA negotiations between the Association of Southeast Asian Nations (ASEAN) and the Indian government are growing fewer, meaning that an agreement may be reached on them by March 2008, with the FTA negotiations to conclude shortly thereafter.

The disputed areas primarily involve tariffs on agricultural products such as palm oil, pepper, tea, and coffee. An additional dispute with Brunei over petrol exports has reportedly been effectively resolved, and ASEAN members are moving closer towards agreeing reduced tariffs for ASEAN members on the aforementioned products.

According to the Gulf Daily News, which reported on the summit meeting between the two sides in Singapore, India's Prime Minister Manmohan Singh promised to be flexible in continuing talks, announcing in a speech that:

"I want to assure you that on its part India has shown and will continue to show, the necessary flexibility and determination to achieve this objective. We will work together with you to conclude the negotiations, as agreed, by March next year."


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »