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Demand for solo talks stalls Asean trade pact review
Mint Hyderabad
|January 08, 2025
The review aims to enhance the pact's trade facilitation norms and maximize benefits for businesses
India's proposal for a unified tariff schedule for all member states—a suggestion that has met with resistance from several countries within the bloc," one of the two people cited above said on the condition of anonymity.
While the trade agreement has boosted economic ties, differing priorities between India and Asean members could prolong the review, leaving the future of the pact uncertain.
The Asean Trade in Goods Agreement (ATIGA) was signed in 2009 and implemented a year later. Following repeated demands from members, a review was agreed and its scope finalized in September 2022, with talks beginning in May 2023.
Denne historien er fra January 08, 2025-utgaven av Mint Hyderabad.
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