GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

LOK SABHA

UNSTARREDQUESTION NO: 2009

ANSWERED ON: 22.11.2010

FTAS WITH COUNTRIES 

 (a) the countries with which India has entered into Free Trade Agreements (FTAs) so far; 

(b) whether the Union Government proposes to enter into FTAs with some more countries; 

(c) if so, the details thereof alongwith the action plan and the priority areas identified in this regard;

  (d) whether the Government has made any assessment regarding the impact of these FTAs on the domestic industries and farmers and if so, the details thereof; 

(e) whether the Government has framed FTAs rules for prevention of trade diversions and protection of domestic industry; 

(f) if so, the details thereof and the reasons therefor; and

(g) if not, the time by which such rules are likely to be framed? 

ANSWER

MINISTER OF THE STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)   

(a) India has entered into Free Trade Agreements (FTAs) and Preferential Trade Agreements with the following countries :  (i) Free Trade Agreements:      

SN Name of the  Partner country/ies  Date of   Date of Implementation  Agreement      Signing      

1 India-Sri  Sri Lanka   28th    March, 2000  Lanka FTA      December.          1998 

2 Agreement   Pakistan, Nepal, Sri   4th January,  1st January, 2006   on SAFTA  Lanka, Bangladesh,   2004    (Tariff concessions      Bhutan and the Maldives     implemented from 1st             July, 2006      

3 Revised Agreement  Nepal     27.10.2009  27.10.2009  of Cooperation  between Government  of India and Nepal  to control   unauthorized Ntrade      

4 India-Bhutan Agreement  Bhutan    17.1.1972  Renewed periodically,   on Trade Commerce and         with mutually agreed   Transit          modifications.      

5 India- Thailand FTA-  Thailand   1.9.2004  1.9.2004  Early Harvest Scheme   (EHS)      

6 India-Singapore  Singapore   29.6.2005  1st August, 2005  Comprehensive  Economic  Cooperation  Agreement (CECA)      

7 India-ASEAN  Brunei, Cambodia,  13.8.2009  1.1.2010  Comprehensive  Indonesia, Laos,  Economic   Malaysia, Myanmar,  Cooperation   Philippines,  Agreement  Singapore,  (CECA) –  Thailand  only part  and Vietnam  dealing with  Trade in Goods  signed      

8 India-S. Korea  S. Korea   7.08. 2009  1.1.2010  Comprehensive  Economic  Partnership  Agreement (CEPA) 

(ii) Preferential Trade Agreements: 

 SN Name of the Partner country/ies Date of Signing Date of Implementation Agreement of the Agreement of the Agreement

1 Asia Pacific Bangladesh, China, July, 1975(revised 1st Nov,1976 Trade India, Republic Agreement signed on Agreement of Korea, Sri Lanka 2nd November, 2005 (APTA)   2 G S T P Algeria, Argentina, April, 1988 April,1989 Bangladesh, Benin, Bolivia, Brazil, Cameroon, Chile, Colombia, Cuba, Democratic People`s Republic of Korea, Ecuador, Egypt, Ghana, Guinea, Guyana, India, Indonesia, Iran, Iraq, Libya, Malaysia, Mexico, Morocco, Mozambique, Myanmar, Nicaragua, Nigeria, Pakistan, Peru, Philippines, Republic of Korea, Romania, Singapore, Sri Lanka, Sudan, Thailand, Trinidad and Tobago, Tunisia, Tanzania, Venezuela, Viet Nam, Yugoslavia, Zimbabwe)   3 India-Afghanistan Afghanistan 6th March, 2003 May,2003   4 India-MERCOSUR 25th January, 2004 Implemented w.e.f. June 1, 2009.   5 India-Chile Chile 8th March, 2006 September, 2007 (b) and (c) Yes, Sir, following is a list of the countries with whom India is negotiating Free Trade Agreements and details of such negotiations:  SN Name of the   Partner country/ies   Details  Agreement      

1 India- Japan CEPA  Japan     Negotiations completed.           The proposed agreement           covers the areas of Goods,           Services, Investment,           Intellectual Property           Rights, SPS/TBT.      

2 India-EU BTIA   Austria, Belgium, Bulgaria,  Negotiations launched on      Cyprus, Czech Republic, Denmark, 28th June 2007 in the areas      Estonia Finland, France, Germany,  of  Goods, Services,      Greece, Hungary, Ireland, Italy, Investment, Sanitary      Latvia, Lithuania, Luxembourg,  and Phyto-sanitary       Malta, Netherlands, Poland,  Measures, Technical      Portugal, Romania, Slovakia,   Barriers to Trade,      Slovenia, Spain, Sweden,   Trade Facilitation      United Kingdom    and Customs           Cooperation,           Competition,           IPR & GIs. etc      

3 India-ASEAN CECA-    Brunei, Cambodia, Indonesia,  Negotiations on Trade  Services and    Laos, Malaysia, Myanmar,   in Services and Investment  Investment    Philippines, Singapore,   are under way.  Agreement   Thailand and Vietnam      

4 India – Sri    Sri Lanka    FTA in goods implemented from  Lanka CEPA         March 2000. Negotiations on           Investments and Services           underway. 

5 India-Thailand CECA  Thailand    Early Harvest Scheme on           82 items implemented.           Negotiations for           Comprehensive Economic           Cooperation Agreement           underway.      

6 India-Malaysia CECA  Malaysia    Negotiations for Comprehensive           Economic Cooperation Agreement           underway.      

7 India-Mauritius CECPA  Mauritius    Negotiations for a           Comprehensive Economic           Cooperation Agreement           are at a standstill           since the tenth           round held on           October, 2006.      

8 India EFTA BTIA   Iceland,     Norway, Liechtenstein and           Switzerland Negotiations           for Comprehensive Economic           Cooperation Agreement underway.      

9 India-New Zealand FTA/CECA New Zealand    Negotiations for Comprehensive           Economic Cooperation Agreement           underway.      

10 India –Israel FTA  Israel     Negotiations for Comprehensive           Economic Cooperation Agreement           underway.      

11 India-Singapore CECA   Singapore    Negotiations for Comprehensive           Economic Cooperation Agreement           underway.      

12 India-SACU PTA   South Africa,    Negotiations for Comprehensive      Botswana, Lesotho,    Economic Cooperation Agreement      Swaziland and Namibia   underway.      

12/6/2018

5/5

13 Indian Mercosur PTA  Argentina, Brazil,   The existing agreement is being      Paraguay and Uruguay   expanded by widening product           coverage and deepening           preferences      

14 India –Chile PTA  Chile     The existing agreement is being            expanded by widening product           coverage and deepening           preferences.      

15 BIMSTEC CECA    Bangladesh,India,   Negotiations for Comprehensive      Myanmar, Sri Lanka,   Economic Cooperation Agreement      Thailand, Bhutan   underway.      and Nepal      

16 India-GCC   Saudi Arabia,    Negotiations for Comprehensive  Framework    Oman, Kuwait,    Economic Cooperation Agreement  Agreement   Bahrain, Qatar     underway.      and Yemen.      

17 India –Canada  FTA   Canada     Negotiations for a           Comprehensive           Economic Cooperation           Agreement started in           Nov 2010.  

(d) Before entering into negotiations with its trading partners, studies are undertaken internally, as well as through the joint study groups to evaluate the feasibility of the proposed FTAs, including their impact on the domestic industry. Consultations are also held with the domestic stakeholders including the Apex Chambers of Commerce and Industry, industry associations as well as the administrative Ministries and Departments.   (e) to (g) Yes. All of India’s major Free Trade Agreements incorporate a number of provisions to protect the interest of domestic industry and also prevent products from third countries taking advantage of the FTA.The chapter on Rules of Origin ensures that only goods produced in the FTA partner country qualifies for benefits under the FTA when imported into India. These Rules also ensure that raw material and other inputs to a production process coming from a non partner country are sufficiently processed in the FTA partner country before being exported to India.  Free Trade Agreements also protect items considered sensitive by retaining them in the sensitive/ negative lists of items on which limited or no tariff concessions are granted. In addition, in case of surge in imports and injury to the domestic industry, India can suspend or withdraw the tariff concessions to a product taking recourse to measures such as anti-dumping and safeguards.