| 
S.
No.
|
Name of the Agreement and the participating countries
|
Date of Signing
|
Date of Implementation
|
1.
|
India - Bhutan
Agreement on Trade, Commerce and Transit
|
17.01.1972 (revised on 28.7.2006)
|
29.07.2006 (Agreement is renewed, from time to time, by mutual consent to such
changes and modifications as may be agreed upon between the two countries)
|
2.
|
Revised Indo-Nepal Treaty of Trade
|
06.12.1991
(Revised on 27.10.2009)
|
27.10.2009 (The Treaty is amended/ modified by mutual
consent of the Contracting Parties)
|
3.
|
India - Sri
Lanka FTA
|
28.12.1998
|
March,
2000
|
4.
|
Agreement on South Asian Free Trade Area
(SAFTA) (India, Pakistan,
Nepal, Sri Lanka, Bangladesh,
Bhutan and the Maldives)
|
04.01. 2004
|
01.01.2006 (Tariff concessions implemented
from 01.07. 2006)
|
5.
|
India - Thailand FTA
- Early Harvest Scheme (EHS)
|
01.09.2004
|
01.09.2004
|
6.
|
India - Singapore
Comprehensive Economic Cooperation Agreement (CECA)
|
29.06.2005
|
01.08.2005
|
7.
|
India
– ASEAN Trade in Goods Agreement (Brunei, Cambodia,
Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and
Vietnam)
|
13.08.2009
|
1st January 2010 in respect of India and Malaysia,
Singapore, Thailand.
1st June 2010 in respect of India and Vietnam.
1st September 2010 in respect
of India and Myanmar.
1st October 2010 in respect of
India and Indonesia.
1st November in respect of India and Brunei.
24 January 2011 in respect of India and Laos.
1st June 2011 in respect of India and the Philippines.
1st August, 2011 in respect of
India and Cambodia.
|
8.
|
India - South Korea
Comprehensive Economic Partnership Agreement (CEPA)
|
07.08.
2009
|
01.01.2010
|
9.
|
India - Japan
Comprehensive Economic Partnership Agreement
|
16.02.2011
|
01.08.2011
|
10.
|
India - Malaysia Comprehensive Economic Cooperation Agreement
|
18.02.2011
|
01.07.
2011
|
The details of countries with
which India has entered into
Preferential Trade
Agreement:
S.
No.
|
Name of the Agreement and the
participating countries
|
Date of Signing
|
Date of Implementation
|
1
|
Asia Pacific
Trade Agreement (APTA) (Bangladesh,
China, India, Republic
of Korea, Sri Lanka)
|
July,
1975 (revised Agreement
signed on 02.11.2005
|
01.11.1976
|
2
|
Global System
of Trade Preferences (G S T P)
(Algeria,
Argentina, Bangladesh, Benin, Bolivia, Brazil, Cameroon, Chile, Colombia,
Cuba, Democratic People's Republic of Korea, Ecuador, Egypt, Ghana, Guinea,
Guyana, India, Indonesia, Iran, Iraq, Libya, Malaysia, Mexico, Morocco,
Mozambique, Myanmar, Nicaragua, Nigeria, Pakistan, Peru, Philippines,
Republic of Korea, Romania, Singapore, Sri Lanka, Sudan, Thailand, Trinidad
and Tobago, Tunisia, Tanzania, Venezuela, Viet Nam, Yugoslavia, Zimbabwe)
|
April,
1988
|
April,1989
|
3
|
India - Afghanistan
|
06.03.2003
|
May, 2003
|
4
|
India - MERCOSUR
|
25.01.2004
|
01.06.2009
|
5
|
India - Chile
|
08.03.
2006
|
September, 2007
|
The Government is negotiating FTAs /
expansion of existing FTAs with the countries listed below. Negotiations would continue during the
current financial year and it is difficult to
predict a time-line for conclusion. The priority areas for India’s FTAs are seeking market access through negotiations in
Goods, Services and Investments.
S.
No.
|
Name of the Agreement
and Partner Countries
|
1.
|
India
- EU BTIA (Austria, Belgium, Bulgaria, Cyprus,
Czech Republic, Denmark, Estonia Finland, France, Germany, Greece, Hungary,
Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland,
Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom)
|
2.
|
India -
ASEAN CECA- Services and Investment Agreement
(Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar,
Philippines, Singapore, Thailand and Vietnam)
|
3.
|
India – Sri
Lanka CEPA
|
4.
|
India - Thailand CECA
|
5.
|
India - Mauritius
CECPA
|
6.
|
India - EFTA BTIA (Iceland, Norway,
Liechtenstein and Switzerland)
|
7.
|
India - New Zealand
FTA/CECA
|
8.
|
India – Israel FTA
|
9.
|
India - Singapore
CECA (Review)
|
10.
|
India – Southern
African Customs Union (SACU) Preferential Trade Agreement (PTA) (South Africa, Botswana,
Lesotho, Swaziland and
Namibia)
|
11.
|
Indian
- MERCOSUR PTA (Argentina, Brazil,
Paraguay and Uruguay)
|
12.
|
India – Chile PTA
|
13.
|
BIMSTEC
CECA
(Bangladesh, India, Myanmar,
Sri Lanka, Thailand, Bhutan
and Nepal)
|
14.
|
India –
Gulf Cooperation Council (GCC) Framework Agreement
(Saudi Arabia,
Oman, Kuwait, Bahrain,
Qatar and Yemen.)
|
15.
|
India – Canada CEPA
|
16.
|
India - Indonesia Comprehensive Economic
Cooperation Agreement (CECA)
|
17.
|
India-Australia
CECA
|
In order to protect the interest of the
domestic industries and agricultural sector, these agreements provide for
maintaining sensitive/negative lists of items on which limited or no tariff
concessions are granted under the FTA.
In addition, in case of a surge in imports and injury to the domestic
industry, a country is allowed to take recourse to measures such as
anti-dumping and safeguards. Every FTA
has a Joint Review Mechanism to monitor the implementation of the FTA. India’s trade and economic
relations with all its FTA partners have increased substantially.
