Asean-India Comprehensive Economic Cooperation Agreement

NOTE the different stages of economic development between ASEAN member countries and the need for flexibility, including the need to facilitate the growing participation of Cambodia, Latin IDPs, Myanmar and Vietnam (the new ASEAN Member States) in ASEAN-India economic cooperation, including increasing their exports, including strengthening their national capacities. , their effectiveness and competitiveness; With regard to trade in services and investment, negotiations on the respective agreements are expected to begin in 2005 and be concluded by 2007. The identification, liberalisation, etc., of the services and investment sectors are completed for further implementation within the agreed deadlines: (a) taking into account the sensitive sectors of the contracting parties; and b) with special and differentiated treatment and flexibility The ASEAN-India Trade Agreement (TIG) was signed on 13 August 2009 at the 7th ASEAN Economic Ministers (MEA) – Consultations on India in Bangkok, Thailand. The agreement entered into force on 1 January 2010 for India and some ASEAN member states. The entry into force of the agreement by other ASEAN and India member states will be the date on which ASEAN and India will be ready to implement it. For Brunei Darussalam, the implementation date for the Goods Trade Agreement was June 1, 2010. In tourism, the number of visitors from ASEAN to India rose to 277,000 in 2006, while the number of visitors arriving from India to ASEAN in 2008 was 1.985 million. At the sixth ASEAN-India Summit in Singapore on 21 November 2007, India proposed to fly one million tourists from ASEAN to India by 2010. At the second meeting of the ASEAN and India Tourism Ministers (ATM-India), held in Bandar Seri Begawan on 25 January 2010 India`s proposal to develop a cooperation agreement between ASEAN and India for tourism was welcomed and the ASEAN and India WORKING Group was invited to continue the study and preparation of the draft agreement.

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