India

India-ASEAN Services and Investments FTA Finalized

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Jan. 18 – India and the Association of Southeast Asian Nations (ASEAN) finalized their anticipated free trade agreement (FTA) in services and investments on December 20, 2012 during the India-ASEAN Commemorative Summit in New Delhi, India. The move is likely to boost trade to US$100 billion by 2015. Trade between India and ASEAN presently stands […]

India Amends DTAs with Spain and the United Kingdom

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Nov. 21 – India has initiated the process to revise its double taxation avoidance agreements (DTAs) with over 75 countries in an effort to strengthen its legislative framework to control the black money generated domestically and the flow of such illegal funds to foreign countries. On October 26, India signed a protocol to amend the […]

China to Join RCEP, Creating Massive Free Trade Area with ASEAN, India, and Japan

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Plus Myanmar issues new foreign investment law Nov. 9 – China is set to commence negotiations to create a 16-nation trade bloc, known as the Regional Comprehensive Economic Partnership (RCEP), with its launch expected to be formally announced at the ASEAN summit in Phnom Penh later this month. The RCEP will include the 10 members […]

Free Trade Agreement between the EU and India Getting Closer?

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Jun. 13 – Long-delayed negotiations for the proposed free trade agreement between India and the European Union seem to be gaining momentum again. A ministerial level meeting is slated for June 26 between Commerce Minister Anand Sharma and EU Trade Commissioner Karel De Gucht to take the talks forward.

India-Myanmar Sign Key Trade and Development Deals

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Infrastructure includes road linking India to Thailand May 29 – Indian Prime Minister Manmohan Singh, in Myanmar meeting with President Thein Sein this week, has agreed on a number of key investment and development projects with the country. It has been the first visit to Myanmar by an Indian PM in 25 years. Among the […]

India and Macau Sign Double Taxation Avoidance Agreement

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Jan. 6 – To aid tax and banking-related information exchange and prevent tax evasion, India signed a double taxation avoidance agreement (DTAA) with Macau on January 1. The agreement will also help to generate a better investment climate for Indian businesses in Macau – a special administrative region of the People’s Republic of China and […]

India Signs Double Taxation Avoidance Agreement with Ethiopia

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May 31 – India signed a double taxation avoidance agreement (DTAA) with the Federal Democratic Republic of Ethiopia on May 25, 2011 for the prevention of double taxation and fiscal evasion with respect to taxes on income. The contract was signed by External Affairs Minister of India on behalf of the Government of India and […]

India’s Free Trade Agreements

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Apr. 27 – Free trade agreements are normally made between two countries. Many governments, throughout the world have either signed FTA, or are negotiating or contemplating new bilateral free trade and investment contracts. However, there are two types of free trade agreements: namely, bilateral and multilateral. Every customs union, trade common market, economic union, customs […]

Sharma: FTA with Africa Next Logical Step for India

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Nov. 17 – Indian Minister of Commerce and Industry Anand Sharma believes that the relationship between India and Africa will be the defining partnership of the 21st Century and stated that an FTA with different regions on the continent would be the next logical step during the India Economic Summit in New Delhi on Tuesday. […]

India and Canada Launch FTA Talks

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Nov. 12 – Indian Prime Minister Manmohan Singh and Canadian Prime Minister Stephen Harper announced on Friday that they have begun discussing the possibility of a bilateral free trade agreement. The two leaders officially launched the talks after meeting privately on the sidelines of the G20 Summit in Seoul, commenting in a joint statement that […]

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