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India is the second biggest oil importer after China and is highly dependent on imported crude oil. [27] The net imports of crude oil rose from 171.73 Mt during 2011–12 to 226.95 Mt during 2020–21. The net imports of natural gas increased from 18 BCM in 2011–12 to 32.86 BCM in 2020–21, recording a CAGR of 9.44%.
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank.. This is a list of countries by tariff rate.The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Visa requirements for Indonesian citizens are administrative entry restrictions imposed on citizens of Indonesia by the authorities of other states. As of September 2024, Indonesian citizens had visa-free or visa on arrival access to 76 countries and territories, ranking the Indonesian passport 65th in the world according to the Henley Passport ...
ASEAN's imports from India were US$17.4 billion – a growth of 40.2 per cent in comparison to that of 2006. As for foreign direct investment (FDI), the inflow from India to ASEAN Member States was US$476.8 million in 2008, accounting for 0.8 per cent of total FDI in the region. Total Indian FDI into ASEAN from 2000 to 2008 was US$1.3 billion.
On 30 November 2016 the Government of India approved further liberalization, simplification and rationalization of visa regime in India. It also announced that more countries would be added to the e-visa list. [80] The e-visa would have a validity of 60 days and could be applied for by foreign nationals up to four months ahead of the visit. [81]
ASEAN-India Trade in Goods Agreement: CECA ASEAN: 13 August 2009 1 January 2010 [7] ASEAN-India Trade in Services Agreement: November 2014 1 July 2015 [7] [19] ASEAN-India Investment Agreement: November 2014 1 July 2015 [7] [19] Global System of Trade Preferences (GSTP) PTA 41 countries 13 April 1988 19 April 1989 India Mercosur Preferential ...
India has an embassy in Jakarta [4] and Indonesia operates an embassy in Delhi. [5] India regards Indonesia as a key member of ASEAN. Both nations had agreed to establish a strategic partnership. [6] The two countries have significant bilateral trade. [7] India and Indonesia are among the largest democracies in the world. [8]
Barriers take the form of tariffs (which impose a financial burden on imports) and non-tariff barriers to trade (which uses other overt and covert means to restrict imports and occasionally exports). In theory, free trade involves the removal of all such barriers, except perhaps those considered necessary for health or national security.