RTA-POST WORK -2 POSTWORK Assignment: Ques: Give an elaborate account of Indias current engagements in RTAs and pick up principal FTA which has implications for your own company or the goods/services/commodities which your organization is relations with. 1.Indias engagement with the Association of South East Asian democracys (ASEAN) started with its Look East Policy in the year 1991. ASEAN has a membership of 10 countries namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. India became a Sectoral treatment Partner of ASEAN in 1992 and Full Dialogue Partner in 1996. In November 2001, the ASEAN-India relationship was upgraded to the summit direct. 2.The 1st ASEAN Economic subgenus Pastors (AEM) India consultations were held on 15th September 2002 in Brunei Darussalam where the Ministers, after discussing the Joint get to Report decided to establish an ASEAN-India Economic Linkages Task stock certificate (AIELTF). The AIELTF was asked to prepare a draft modeling discernment to colonial the ASEAN-India trade and economic cooperation before the 2nd AEM India consultations.

Subsequently, at the issuance one ASEAN-India Summit held on 5 November 2002 in Phnom Penh, Cambodia, the boot Minister of India made the following major announcements:- a)India will put out supererogatory & differential trade treatment to ASEAN countries, based on their level of development to improve their market access to India; b)FTA at heart 10 years timeframe; 3.A Framework Agreement on commodious Economic Coo peration among the ASEAN and India was sign! ed by the Prime Minster of India and the Heads of Nation/Governments of ASEAN members during the southward ASEAN India Summit on 8th October 2003 in Bali, Indonesia. 4.The mark elements of the Framework Agreement on Comprehensive Economic Cooperation between the ASEAN and India bury FTA in Goods, Services, Investment and other areas of Economic Cooperation. The Agreement likewise provided...If you want to get a full essay, install it on our website:
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