FTAs & PTAs

The Free Trade Agreements signed by the Government of India provides opportunities for the Machine Tool industry to do the business with other countries. While the IMTMA helps in identifying the opportunities in other countries, here are the list of FTAs with other countries and their implication w.r.t machine tool industry

List of Various FTAs signed by India which has Impact on Machine Tool Industry
  • List of Foreign Trade Agreements with India: Click Here
  • India-UAE Comprehensive Economic Partnership Agreement (CEPA): Click here 
  • India-Australia Comprehensive Economic Cooperation Agreement (CECA): Click Here 
  • Indo-Asian Agreement came into effect from 2009: Under this agreement import duty will be zero from 2014
  • Indo-Korea FTA effective from 2009: Under this agreement import duty will be zero from 2016
  • Indo-Thailand FTA effective from 2006: Under this agreement import duty will be zero from 2017
  • Indo-Singapore Agreement is effective from 2007: Under this agreement import duty will be zero from 2011
  • India - MERCOSUR PTA: Under this agreement, 20% margin preference is proposed
  • India - Japan CEPA effective from August 2011: Under this agreement import duty will be zero by 2022
  • India - Malaysia CECA effective from July 2011: This agreement provides for more liberal tariff concessions than in ASEAN -INDIA trade in goods agreement
Agreements in the pipeline
Indo- EU FTA

Negotiations on a comprehensive free trade pact between India and the European Union, which began in June 2007, have reached an "advanced and delicate stage. So far, 13 rounds of negotiations have been held.

Indo – China FTA

The Joint Study Group was constituted and MEA is the nodal Ministry for the JSG.In pursuance to the recommendations of the JSG, Six meetings of the JTF have taken place. In its sixth meeting held on 21st and 22nd October 2007, the JTF has finalized its draft report on issues covering Trade in Goods, Trade in Services, Bilateral Investment, Trade Facilitation, and Economic Co-operation.

Indo – Australia FTA

India and Australia agreed in early 2008 to set up a Joint Study Group comprising government officials and research organizations to explore the feasibility of the Free Trade Agreement (FTA) between the two countries.

Indo – New Zealand FTA

India and New Zealand have already completed about five rounds of negotiations and are likely to sign FTA agreement 

Indo – US Commercial Dialogue

The Dialogue is a cooperative undertaking to facilitate regular discussion to deepen ties between the Indian and the American business communities. The Dialogue will encompass regular government-to-government meetings to be held in conjunction with private sector meetings. Its aim will be to (a) facilitate trade (b) maximize investment opportunities across a broad range of economic sectors, including information technology, infrastructure, biotechnology, and services.

cbd gummy ed enlargement cbd gummies rhino 69 pills near me viagra pills from usa gorilla juice male enhancement gnc best male enhancement pill rigiderm male enhancement cream is it advisable to take penis enlargement drugs medical help for erectile dysfunction prime male supplement reviews keto burn max diet pills thai diet pills for sale sunny days acv keto gummies reviews ic diet pain pill how to lose weight when you re disabled is pseudoephedrine an appetite suppressant super health keto gummies dr juan do weed help you lose weight best apple cider keto pills can i take wegovy after eating how to lose weight fast blog home remedies to lose weight overnight latest diet pill craze what is the best pill for weight loss size zero diet pill buy does period make you lose weight thc gummies legal in ga frosty chill cbd gummies reviews how to use cbd balm for sleep drip gummies nano thc cbd gummies that were on shark tank hemp heal gummies mg of cbd for muscle pain do cbd gummies for arthritishave thc cbd sleep aid capsules most popular cbd products statistics hemp techniques hemp gummies cbd tea for sleep usa cbd and anxiety studies cbd gummies by divinity labs
Login to webmail  

© IMTMA 2024. All rights reserved