Friday 1 July 2011

Business news - FTA with Malaysia

FTA - Free Trade Agreement
The Free Trade Agreement with Malaysia is effect on 1 st july 2011.

The items like mangoes, basmati rice, trucks, eggs, cotton garments and motorcycles will have low or no duty in Malaysia, thus leads to boost the Indian exports.

Trade between India and Malaysia will reach $15 billion by 2015 whereas the trade for 2010-11 is now $10 billion.


This also leads to liberalisation of trade in goods and services, in investments and the other areas of economic cooperation.

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