Hotline: 1800 102 2007
Hotline: 1800 102 2007
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
  • Others Food Service
    About Us: World of Tortilla's is an established Mexican chain with..
    Locations looking for expansion New delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi New delhi
  • About: Cha Bar offers this experience at Oxford Bookstores in..
    Locations looking for expansion New Delhi
    Establishment year 2000
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Quick Service Restaurants
    Partner With Genuine Broaster Chicken: “Broasting®” is a unique cooking method..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Okhla New Delhi
  • Laundry & Dry Cleaning
    About Us: ChemDry –It’s an international brand for providing Cleaner &..
    Locations looking for expansion Delhi
    Establishment year 1979
    Franchising Launch Date 1982
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
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