The CPI(M) on Saturday said the government has "no mandate" to negotiate the Indo-European Union FTA without consulting Parliament and political parties as it would adversely affect the economy and large sections of the people.
Free Trade Agreement (FTA)
between European Union and India may become a reality by the
end of this year, a top member of the EU parliamentary
delegation, which is on a 6-day visit to India, said here
India`s trade with South East Asia
will be liberalised only partially from January 2010, as half
of the 10-nation bloc has not received parliamentary approval
for the Free Trade Agreement signed in August.
Differences over "extraneous
issues" of child labour and environment seem to have widened
between India and the European Union, a development that may
further delay reaching a trade opening pact between them.
The European Union`s bilateral free trade agreements (FTAs) with India, Southeast Asian nations and South Korea may pose a potential threat to Bangladesh, a report quoting officials of the European Commission has said.
Developing nations should sign
the Free Trade Agreements (FTA) only after properly studying
its impact on the economy to avoid losing out, veteran
Malaysian leader and former premier Mahathir Mohammad said.
The proposed Free Trade Agreement (FTA) likely to come up with the European Union, shall open new trade avenues for the estimated 49 billion USD Indian Apparel and Textile Industry in years to come, an industry expert said.
Taking forward their growing
economic ties, Australia and India are close to complete a
feasibility study to establish a Free Trade Agreement (FTA) in
a wide range of areas, an Australian official said on Monday.
Asserting that India`s FTA with ASEAN would not jeopardise the country`s domestic products, Finance Minister Pranab Mukherjee Sunday said the agreement was entered into to have the advantage to grow and not to destroy our economy.
Flaying the signing of
Free Trade Agreement by India with Association of South East
Asian Nations, Kerala CM VS Achuthanandan
on Saturday said it would adversely affect the farmers of the
country, particularly in the state.