India taking steps to low sensitive lists for free trade
- Wednesday, February 9, 2011, 10:21
- Income Tax
India today announced that it was taking steps to reduce the “sensitive lists” of items for free trade as it pitched for early ratification of a SAARC pact in Trade in Services and finalisation of an agreement on Promotion and Protection of Investments to give a fillip to intra-regional commerce.
Addressing a conference of SAARC Council of Ministers here, External Affairs Minister S M Krishna regretted that implementation of the agreed decisions was taking time and needed to be speeded up.
“I am sure my colleagues will agree that we face a continuing challenge to implement our agreed decisions. We need to move faster in executing the plans of action,” he told the conference being attended by Foreign Ministers of Afghanistan, Nepal, Bangladesh, Bhutan, Maldives and Sri Lanka. Pakistan is being represented by Foreign Secretary Salman Bashir.
Related posts:
- India may implement free trade agreement (FTA) with Indonesia and Cambodia
- Amends Notification Nos. 91/2009-Customs, 94/2009-Customs and 99/2009-Customs all dated 11-09-2009 – Exempts materials imported into India against a Duty Free Import Authorisation issued in terms of Foreign Trade Policy
- Seeks to amend notification no. 153/2009-Cus dated 31st December 2009 so as to provide deeper concessions to ASEAN countries under the ASEAN-India Free Trade Agreement
- Trade defence measures available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries
- States free to fix their own State GST rates
