Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2011-06-30

India Malaysia CECA

The pact will give new impetus

India-Malaysia CECA is India's fourth bilateral Comprehensive Economic Cooperation Agreement, after Singapore, South Korea and Japan. The CECA envisages liberalisation of trade in goods, trade in services, investments and other areas of economic cooperation.

According to the statement, the two countries signed the trade pact in February this year. The pact is expected to give a new impetus to bilateral trade and flow of investment.

The agreement envisages liberalisation of trade in goods, trade in services, investments and other areas of economic cooperation.

The trade in goods package takes the tariff liberalisation beyond the India-ASEAN free trade agreement (FTA) commitments, which were implemented by both sides Jan 1, 2010.

Under CECA, the items for which India has obtained market access from Malaysia include basmati rice, mangoes, eggs, trucks, motorcycles and cotton garments, which are all items of considerable export interest to India, the statement said.

"At the same time, adequate protection has been provided by the Indian side for sensitive sectors such as agriculture, fisheries, textiles, chemicals and auto," it said.

In the services sector the two countries have agreed to facilitate temporary movement of business people including contractual service suppliers, and independent professionals in commercially meaningful sectors including accounting, medical, consultancy, architecture, urban planning and engineering.

Related opportunities
  • Finance Advisors & Brokers
    Great chance to join hands with SMC GLOBAL SECURITIES LTD..
    Locations looking for expansion New Delhi
    Establishment year 1990
    Franchising Launch Date 1998
    Investment size Rs. 2lac - 5lac
    Space required 250 -500 sq feet
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
  • Quick Service Restaurants
    About:Started by Vishal Gupta and Hardik Khandwala in Mumbai, WTC..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Kitchen
    About OyekitchenOyekitchen, was established in 2015 is the first ever..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 500 - 1000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Casual dine Restaurants
    Café Udupi Ruchi, is a restaurant which will provide the..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 70 - 4500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Rural District Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities