Free Trade Agreement Between India And Thailand

Bilateral trade between countries was valued at $4.1 billion in the first half of 2010, an increase of 29% over the previous year. Of the total, Thailand`s exports to India were worth $2.6 billion, while its imports from India were $1.5 billion. Agreement between the NGOC and the Petroleum Authority of Thailand Oil Exploration and Exploitation and Staff Training The framework agreement covers the liberalization of trade in goods, trade in services and investment, and the development of economic cooperation. Agreement between the Financial Intelligence Unit, India and the Thailand Anti-Money Laundering Organization on cooperation in the exchange of financial information on money laundering and terrorist financing. Friendship and Cooperation Agreement between the City of Port Blair and Phuket Province From 2004, the free trade agreement between Thailand and India included trade in goods until 2010. In order to accelerate tariff reductions, the two countries agreed to set up a money-buying information exchange programme (EHS) for 82 goods supplements, whose duties have been reduced to 0% since September 2006 – completely abolished. Memorandum of Understanding for Defence Cooperation between the Government of the Republic of India and the Government of the Kingdom of Thailand, agreement on air services between India and Thailand. (March 25-26, 2008) Background Like the former Prime Minister of Thailand, Pol. Lt. Dr.

Thaksin Shinawatra, who visited India from 26 to 29 November 2001, the heads of state and government of both countries agreed to use economic cooperation in trade and investment and established a joint working group to study the feasibility of creating a free trade area between Thailand and India. The joint working group held four meetings between May and December 2002 and concluded that a free trade agreement would create reciprocal benefits for the development of trade, investment and economic cooperation in areas such as tourism, education, finance and banking, health, aviation and international transport. In addition, Thailand would benefit from increased trade and reduced tariffs on exports to India, including clothing, leather goods, chemicals, rubber, plastics, metals, automobiles and electrical parts and goods. Following the study, the two sides established a joint negotiating group to develop the framework agreement to create a free trade area between Thailand and India for trade in goods, services, investment and economic cooperation. The negotiating group convened six meetings between December 2002 and October 2003. On 9 October 2003, the trade ministers of both countries signed the framework agreement. Memorandum of Understanding on the establishment of the ICCR chair of Indian studies between the ICCR and the Chulalongkorn University The treaty between the Republic of India and the Kingdom of Thailand for the transfer of convicted persons The free trade agreement between Thailand and India will grant tax privileges to at least 900 other Thai goods classified under “product-specific rules” (PRS) and goods that require rules of origin. Agreement between the Indian Council of Agricultural Research (ICAR) and the Asian Institute of Technology (AIT) Bilateral negotiations were subsequently halted, as India had to prioritize its free trade with the Association of Southeast Asian Nations (ASEAN). The joint working group held four meetings between May and December 2002 and concluded that a free trade agreement would create reciprocal benefits for the development of trade, investment and economic cooperation in areas such as tourism, education, finance and banking, health, aviation and international transport.

In addition, Thailand would benefit from increased trade and reduced tariffs on exports to India, including clothing, leather goods, chemicals, rubber, plastics, metals, automobiles and electrical parts and goods. Agreement between the Indian Navy and the Royal Thai Nav