+
India Hosts 8th Joint Committee Meeting on ASEAN-India Trade Agreement
ECONOMY & POLICY

India Hosts 8th Joint Committee Meeting on ASEAN-India Trade Agreement

India hosted the 8th meeting of the AITIGA Joint Committee to review the ASEAN-India Trade in Goods Agreement (AITIGA) at Vanijya Bhawan, New Delhi, from April 07 to 11, 2025. The event was conducted in a hybrid format. The meeting was co-chaired by Rajesh Agrawal, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, India and Deputy Co-Chair Dr Sugumari S Shanmugam Senior Director Ministry of Investment, Trade and Industry, Malaysia. The meeting saw participation from delegates representing ASEAN countries, including Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam.

The committee's primary objective was to advance the on-going review of the AITIGA, aiming to modernize the agreement to be more effective, user-friendly, and conducive to trade. Five out of eight Sub-Committees (SCs) under the AITIGA JC also conducted hybrid meetings on the margins of the 8th AITIGA JC. Out of which, four SCs, namely Sub-Committee on Customs Procedures and Trade Facilitation (SC-CPTF); Sub-Committee on Economic & Technical cooperation (SC-ETC); Sub-Committee on National Treatment and Market Access (SC-NTMA); and Sub-Committee on Sanitary and Phytosanitary (SC-SPS) met in New Delhi, India, while the Sub-Committee on Rules of Origin (SC-ROO) met in Jakarta, Indonesia, facilitating progress in textual discussions and progressing in groundwork for tariff negotiations.

ASEAN remains a pivotal trade partner for India, accounting for approximately 11 per cent of India's global trade. In the fiscal year 2023-24, bilateral trade between India and ASEAN reached $ 121 billion.

The next AITIGA JC meeting is scheduled for June 2025 in Kuala Lumpur, Malaysia, continuing the collaborative efforts to enhance ASEAN-India economic integration.

News source: PIB

India hosted the 8th meeting of the AITIGA Joint Committee to review the ASEAN-India Trade in Goods Agreement (AITIGA) at Vanijya Bhawan, New Delhi, from April 07 to 11, 2025. The event was conducted in a hybrid format. The meeting was co-chaired by Rajesh Agrawal, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, India and Deputy Co-Chair Dr Sugumari S Shanmugam Senior Director Ministry of Investment, Trade and Industry, Malaysia. The meeting saw participation from delegates representing ASEAN countries, including Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam. The committee's primary objective was to advance the on-going review of the AITIGA, aiming to modernize the agreement to be more effective, user-friendly, and conducive to trade. Five out of eight Sub-Committees (SCs) under the AITIGA JC also conducted hybrid meetings on the margins of the 8th AITIGA JC. Out of which, four SCs, namely Sub-Committee on Customs Procedures and Trade Facilitation (SC-CPTF); Sub-Committee on Economic & Technical cooperation (SC-ETC); Sub-Committee on National Treatment and Market Access (SC-NTMA); and Sub-Committee on Sanitary and Phytosanitary (SC-SPS) met in New Delhi, India, while the Sub-Committee on Rules of Origin (SC-ROO) met in Jakarta, Indonesia, facilitating progress in textual discussions and progressing in groundwork for tariff negotiations. ASEAN remains a pivotal trade partner for India, accounting for approximately 11 per cent of India's global trade. In the fiscal year 2023-24, bilateral trade between India and ASEAN reached $ 121 billion. The next AITIGA JC meeting is scheduled for June 2025 in Kuala Lumpur, Malaysia, continuing the collaborative efforts to enhance ASEAN-India economic integration. News source: PIB

Next Story
Real Estate

Ashar Arize Attracts Lenskart, Clove Dental and More to Kalwa

Ashar Group has announced that Lenskart and Clove Dental will soon open high-street outlets at its flagship residential project, Ashar Arize in Kalwa, redefining the locality’s retail profile. The two national brands will operate from 600 sq. ft. spaces at Ashar Arize, adding healthcare and lifestyle credibility to Kalwa, which is rapidly emerging as a self-sustaining micromarket. The retail plaza spans 20,000 sq. ft. with units ranging from 300 to 800 sq. ft., offering prime frontage and strong connectivity to market hubs. Located near the station, it ensures steady footfall supported ..

Next Story
Infrastructure Transport

KMRL Invites Bids For Metro Phase 2 Station Works

Kochi Metro Rail Limited (KMRL) has invited bids for completing the balance works related to the construction of entry and exit buildings at Civil Station Junction and Cochin SEZ Metro Station, as part of Phase 2 of the Kochi Metro project.Phase 2 covers a single corridor — the Pink Line — running 11.2 km between JLN Stadium and Infopark II, with 11 stations. The latest tender is aimed at finalising station access works, excluding architectural and building service components.According to tender documents, the estimated cost of the contract is Rs 1.99 billion. The pre-bid meeting is schedu..

Next Story
Infrastructure Transport

Tamil Nadu Clears Preparatory Work For New Chennai Metro Line

The Tamil Nadu government has granted administrative sanction for the preparatory work on the 21.76-km Koyambedu–Avadi–Pattabiram metro corridor. This approval allows Chennai Metro Rail Limited (CMRL) to begin land acquisition, utility shifting, and other groundwork while awaiting clearance from the Union government.The State government had already approved the project in May and submitted the detailed project report to the Centre. However, the Ministry of Housing and Urban Affairs has also requested a Comprehensive Mobility Plan (CMP) before granting final approval.According to an order i..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?