India Convinces ASEAN to Review India-ASEAN Free Trade Agreement (FTA)

  • On 10th September 2019, India and 10-member bloc of Association of South-East Asian (ASEAN) nations agreed to review their free trade agreement signed in 2009, to make it more business-friendly and boost economic ties during the 16th ASEAN Economic Ministers-India consultations. India was represented by the Union Minister of Commerce.
  • The FTA would be made more user-friendly, simple, and trade facilitative for businesses. The two sides also decided to constitute a joint committee for this purpose. This will be the first review of the pact since 2010.
  • Both the sides also welcomed the recommendations of the ASEAN-India business council to ....
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