')With little or no progress in the Doha Round of World Trade Organization (WTO) multilateral trade talks for the last more than one year, India is proactively working on concluding Free Trade Agreements (FTAs) with Japan, European Union and Malaysia to expand its trade basket.
India signed trade in goods agreement with the Association of South-East Asian Nations (ASEAN) last year. The agreement came into force from January 1 this year. However, out of the ten nations that form ASEAN, only four ” Vietnam, Singapore, Thailand and Malaysia ” have operationalized the agreement so far. The Commerce Minister hoped that the remaining six countries would also operationalize the pact soon.
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