India, Thailand Set to Resume Talks on FTA

India and Thailand are likely to replace a limited pact signed six years ago with a full-fledged free trade agreement, reveals the Economic Times.

 

In 2004, both countries agreed to eliminate duties on 82 items, such as televisions, refrigerators, and some metals. The Times notes the agreement led to protests from the Indian industry which complained that Thailand had benefited from the Early Harvest Programmemore (EHP) more  han India.

 

Citing Thai deputy minister of commerce Alongkorn Ponlabhoot, the Times says the FTA will include services and investment, apart from a larger number of goods.

Read more on

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern