India, Thailand discuss Asean trade pact review, ways to boost trade

India and Thailand on Wednesday discussed the progress of the ongoing review of the ASEAN free trade agreement on goods.
Commerce and Industry Minister Piyush Goyal and Suphajee Suthumpun, Deputy Prime Minister and Minister of Commerce of Thailand, also discussed ways to boost trade and investments between the two countries, the Commerce and Industry Ministry said in a statement.
“The two sides exchanged views on the progress of the review of the ASEAN-India Trade in Goods Agreement (AITIGA) and emphasised the need for deeper bilateral engagement through the India-Thailand Joint Trade Committee (JTC) in a time-bound manner,” the ministry said.
Thailand is a member of the ASEAN bloc. Other members are Brunei Darussalam, Cambodia, Indonesia, Lao, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam.
The review is high on India’s priority list to make it more user-friendly, simple and trade-facilitative for businesses. The pact was signed in 2009. ASEAN is an important tr
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.