India Malaysia CECA
Hotline: 1800 102 2007
X
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
  • Designer
    About Us: Established in 1990, Catwalk Worldwide Private Limited is India’s..
    Locations looking for expansion Delhi
    Establishment year 1990
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Juices / Smoothies / Dairy parlors
    About Us: The Juice Art, a venture of Sonaya Foodworks, is..
    Locations looking for expansion Delhi
    Establishment year 1982
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Bars, Pubs & Lounge
    An enthusiastic bunch of astronomers, space cadets and chefs came..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 8000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Kitchen
    About Us: ROXX World store offers more than 800 products under..
    Locations looking for expansion West bengal
    Establishment year 1995
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
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

Free Advice - Ask Our Experts