India-Canada Comprehensive Economic Partnership Agreement (CEPA)
- 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.
- In a Joint Statement issued during the visit of Canadian PM Mr. Stephen Harper in November 2012, both the PMs have desired to conclude CEPA by the end of 201
- Eight rounds of negotiations have already taken place. The 8th Round was held in Ottawa, Canada from 24th to 26th June, 201
India-Australia Comprehensive Economic Cooperation Agreement (CECA)
Based on the recommendation of the Joint Study Group (JSG) in 2010 and subsequent approval of The Trade and Economic Relations Committee (TERC) headed by the then Prime Minister of India on 29.04.2011, India is negotiating with Australia Comprehensive Economic Cooperation Agreement (CECA) covering trade in goods, services, investment and related issues.
Five(5) rounds of negotiations for India Australia CECA negotiations have been held so far. The 1st round held in July, 2011 and the last i.e. 5th round was held on 20-21 May, 2013in Canberra (Australia).
India-Indonesia Comprehensive Economic Cooperation Agreement (CECA)
Commencement of negotiations on India-Indonesia CECA was announced on 25th January, 2011 during the visit of Indonesian President to New Delhi. During the CITM’s visit to Indonesia on 3-4 October 2011, both sides held India-Indonesia CECA pre-negotiation consultations.
Joint Study on the India- COMESA (Common Market for East and Southern Africa) Joint Study Group Report to examine the feasibility of a Preferential Trade Agreement (PTA)/ Free Trade Agreement (FTA) between India and COMESA
Common Market for East and Southern Africa (COMESA) is Africa’s largest economic community comprising of 19 member states namely Burundi, Comoros, DR Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Swaziland, Sudan, Uganda, Zambia and Zimbabwe.
A Joint Study Group (JSG) has been set up to examine the feasibility of a FTA between India and COMESA.
The 1st meeting of the India-COMESA JSG was held in Lusaka on 30-31st July, 201
It was decided during the 1st meeting of the JSG that the India-COMESA JSG will produce a joint report, containing its recommendations for consideration by the Government of India and the COMESA Secretariat.
India-Israel Free Trade Agreement (FTA) Negotiations:
India and Israel are negotiating a Free Trade Agreement.
First round of negotiation was held in New Delhi on 26th May, 2010. Eight Rounds have been held since. The eighth round of negotiations was held in Israel from 24th to 26th November, 201