Impact of Asean Fta
Impact of Asean Fta India’s Trade with ASEAN countries during 2006-07, 2007-08 and 2008-09 was to the tune of US $ 30715.91 million, US $ 39088.33 million and US $ 45343.59 million respectively. The figure for the current year (April – September, 2009) is US $ 20187.69.
With the signing of the India-ASEAN Trade in Goods Agreement, additional market access is likely for India’s export of several products including Machinery & Machine Parts, Steel & Steel Products, Oilcake, Wheat, Buffalo Meat, Automobiles & Auto Components, Chemicals, Synthetic Textiles, etc.
This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce and Industry, in a written reply in the Lok Sabha today.
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