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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 […]

Vietnam Exempts Import Tax Under Australia, ASEAN, New Zealand Treaty

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Jul. 1 – Vietnam will exempt as much as 90 percent of tax lines on goods imported from Australia, New Zealand and Association of Southeast Asian Nations (ASEAN) members this year. By 2017, Vietnam will remove import tariffs on butter, milk and cheese. Import duties on car components will also be slashed to 5 percent […]

Indonesia Wants to Delay China-ASEAN Pact

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Jan. 14 – The Indonesian government has formally lodged a letter to the Association of Southeast Asian Nations (ASEAN) asking for the group’s free trade pact with China to be delayed to January 2011. The deal began this month; imposing zero tariffs on around 90 percent of imported goods including textiles, steel and chemicals. Indonesia […]

India, Indonesia to Sign Free Trade Agreement

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Oct. 20 – After signing the India-ASEAN Free Trade Agreement, Jakarta and New Delhi are now set to launch negotiations for a similar bilateral deal to open trade in goods and services between their respective countries. The Indo-Indonesian Joint Study Group (JSG) after studying the advantages of an economic cooperation between the two recommends the […]

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