TNPSC Thervupettagam

ASEAN-India Trade in Goods Agreement

August 25 , 2023 487 days 463 0
  • India and the ASEAN countries reached an agreement to review their free trade pact for goods.
  • ASEAN-India Trade in Goods Agreement (AITIGA) was signed in 2009.
  • The review of the AITIGA was a long-standing demand of Indian businesses and the early commencement of the review would help in making trade facilitative and mutually beneficial.
  • The review of AITIGA is expected to enhance and diversify trade while addressing the current asymmetry in the bilateral trade.

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