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Relation with other countries
Since independence, India has always
tried to keep healthy relation with the neighbouring countries,
especially when trading is concerned. From the following data we can see
the zeal of India government to pave the way for free trade with atleast
the southern countries of Asia. By 2016, India will be trading at zero
duty with a dozen countries. Now we are already enjoying free trade with
Thailand and Srilanka. Very soon we will enjoy the same with China and
Singapore.
FTA signed
» Indo-Thailand
(9 October, 2003)
» Indo-Srilanka
(28 December, 1998)
FTA by 2011
» Brunei
» Indonesia
» Malaysia
FTA by 2016
» Philippines
» Cambodia
» Laos
» Myanmar
» Vietnam
FTA Ongoing
» China
» Singapore
Note : At the third
Asean-India
summit, the prime minister, Manmohan Singh came out with a bold vision
of an Asian economic community which will include ASEAN, China,
Japan, Korea and India.
