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At the Second ASEAN-India Summit in 2003, the ASEAN-India Framework Agreement on Comprehensive Economic Cooperation was signed by the Leaders of ASEAN and India. The Framework Agreement laid a sound basis for the eventual establishment of an ASEAN-India Regional Trade and Investment Area (RTIA), which includes FTA in goods, services, and investment.
As of 2022, India has preferential access, economic cooperation and FTA with more than 50 individual countries. The negotiations for the Comprehensive Economic Partnership Agreement between India and the United Arab Emirates were completed in 88 days, which was the shortest time span for any free trade agreement signed by India. [1]
ASEAN has bilateral agreements with the following countries and blocs: . ASEAN–China Free Trade Area (ACFTA), in effect as of 1 January 2010; ASEAN–Hong Kong, China Free Trade Area (AHKFTA)
The Eighteenth East Asia Summit was held in Jakarta, Indonesia on September 6–7, 2023. The East Asia Summit is an annual meeting of national leaders from the East Asian region and adjoining countries. EAS has evolved as forum for strategic dialogue and cooperation on political, security and economic issues of common regional concern and plays ...
Mr. Nguyen Phu was appointed Director of Vietnam for India ASEAN Trade Council. [80] In 2023, a delegation of IETO visited Vietnam to attend the Horasis conference in Binh Duong. [81] [82] IETO delegation, lead by consul general of India in Vietnam, Madan Mohan Sethi, was also invited by the Dak Lak Province. [83]
The United States and ASEAN concluded the U.S.-ASEAN Trade and Investment Arrangement (TIFA) in 2006 and since then have been working to build U.S.-ASEAN trade and investment ties as well as promote ASEAN regional economic integration. The United States intensified its work under the TIFA in 2009, presenting ASEAN senior officials a number of ...
Worldpose for family portrait during ASEAN conference with European Union in Jakarta, Indonesia in July 2023. The 1st ASEAN Summit was held in February 1976 in Bali, Indonesia. [4] At this summit, ASEAN expressed its readiness to "develop fruitful relations" and mutually beneficial co-operation with other countries of the region. [5]
[24] [31] The ASEAN-India Free Trade Agreement came into effect in 2010, and bilateral trade exploded to US$3.917 billion by November 2012, with Vietnam exporting $1.7 billion to India in 2012, an increase of 56.5% from 2011. [32] [33] In 2023, a delegation of IETO visited Vietnam to attend the Horasis conference in Binh Duong.