Foreign Trade (Africa)
Foreign Trade (NAFTA)
Foreign Trade (Latin America)
Foreign Trade (Europe)
Foreign Trade (CIS)
Foreign Trade (WANA)
Foreign Trade ( ASEAN )
Foreign Trade (North East Asia)
Foreign Trade (Oceania)
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Foreign Trade (State Trading)
ESCAP
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Gems and Jewellery
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EP(LSG) Division
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Establishment-I
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Cash
FT (NAFTA) Division of the Department of Commerce deals with India’s bilateral trade with United States of America, Canada and Mexico. All the three countries are signatories to the North America Free Trade Agreement (NAFTA) (signed in 1994) and form one of the largest and the most important trading blocks of the world, now rechristened as USMCA since July, 2020.
The Division is headed by Additional Secretary and is assisted by a team of following officials:
Bilateral trade statistics in respect of NAFTA countries are available at the link:
https://tradestat.commerce.gov.in/eidb/default.asp
| Country | Trade Indicators | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
|---|---|---|---|---|---|---|
| Canada | Exports | 2,019 | 2,004 | 2,506 | 2,851 | 2,852 |
| Imports | 4,234 | 4,132 | 4,729 | 3,515 | 3,880 | |
| Total Trade | 6,253 | 6,136 | 7,235 | 6,367 | 6,732 | |
| Mexico | Exports | 2,865 | 3,461 | 3,783 | 3,842 | 3,624 |
| Imports | 2,283 | 2,944 | 3,930 | 5,577 | 4,297 | |
| Total Trade | 5,148 | 6,405 | 7,713 | 9,419 | 7,921 | |
| USA | Export | 40,340 | 42,217 | 47,882 | 52,406 | 53,089 |
| Import | 21,781 | 22,307 | 26,611 | 35,549 | 35,820 | |
| Total Trade | 62,121 | 64,524 | 74,493 | 87,956 | 88,909 | |
| Total Trade with NAFTA | Export | 45,224 | 47,682 | 54,171 | 59,099 | 59,564 |
| Import | 28,298 | 29,383 | 35,270 | 44,642 | 43,997 | |
| Total Trade | 73,522 | 77,065 | 89,441 | 103,741 | 103,561 | |
| Share of India’s trade with NAFTA countries(%) | 11.43 | 11.67 | 11.63 | 12.29 | 13.14 | |
| Share of India’s Export to NAFTA countries(%) | 17.24 | 17.29 | 17.85 | 17.9 | 19.01 | |
India-Mexico Bilateral High Level Group (BHLG) on Trade, Investment and Economic Cooperation.
In September 2008, the India-Canada CEO Round Table recommended that India and Canada would benefit enormously from CEPA by elimination of tariffs on a substantial majority of the bilateral trade. CEPA would cover trade in goods, trade in services, rules of origin, sanitary and phytosanitary measures, technical barriers to trade and other areas of economic cooperation. A Joint Study was conducted and report came in September 2010 strongly recommending the benefits of CEPA for both the countries. Accordingly, the announcement of launch of India-Canada CEPA negotiations was made by PMs of both the countries in Seoul in November 2010 and the negotiations were formally launched by CITM and Canadian Trade Minister Van Loan on 16 November 2010 in New Delhi.
So far, ten rounds of negotiations have already taken place. The 10th Round was held in New Delhi in August, 2017.
A stocktaking CEPA and FIPA virtual bilateral meeting was held on 22nd June, 2020 between Chief Negotiators of both sides. Subsequently, on 27th Oct. 2020 a bilateral meeting was held to explore the option of an early harvest / interim agreement. In this regard, scoping paper has been shared with Canadian side, and on 19th November 2020 a DVC was held and both sides are engaged to take it forward.
Updated status is available as well on the website at International Trade >> Trade Agreements.
https://commerce.gov.in/international-trade/trade-agreements/
The following is the name, designation and contact details of the FAA & CPIO:
