Among the FTAs which have affected Indian domestic industry adversely, the India-Korea CEPA, signed in 2009, has been significant. India had a trade deficit with South Korea of around $4.5 billion in 2009, and increased to $11.5 billion in 2018.
Potential change in duty protection regime can be a dampener for the IG Petrochem and Thirumalai Chemicals
The agreement, officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), between the two countries was implemented in January 2010.
The pace of implementation of Indo-Japan free trade agreement needs to be further enhanced in order to exploit the huge potential of the pact, Commerce and Industry Minister Nirmala Sitharaman said today.
The CEPA, signed in 2011 between the two nations, is one of the most comprehensive agreements. It has covered areas such as goods and services, rules of origin, IPR, government procurement, customs procedure etc.
Jaitley yesterday met his Canadian counterpart Bill Morneau and Canada's International Trade Minister Chrystia Freeland and reviewed progress in India Canada relationship including proposed Comprehensive Economic Partnership Agreement (CEPA) and Foreign Investment and Promotion and Protection Agreement (FIPA).
The working group would undertake an analysis of bilateral trade and investment flows with the countries with which India has signed FTAs
The negotiations for the agreement, which is officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), were launched by both the countries in November, 2010 to further boost bilateral trade and investment.
Modi said India and Sri Lanka should move "boldly" to conclude a long pending Comprehensive Economic Partnership Agreement (CEPA). Stating that Sri Lanka has the potential to be India's "strongest economic partner" in the region, Modi said it should not worry about India's economic size.
Prabhudas Lilladher has come out with its report on steel sector. The research firm maintains underweight rating on the sector on the back of underlying weak outlook on demand environment, subdued earnings profile and unattractive valuations in its report dated January 29, 2013.
Prabhudas Lilladher has come out with its report on steel sector. According to the research firm, domestic prices are expected to underperform global prices on the premise of weak demand outlook, increased domestic supplies and reduced duties on imports from Japan and Korea under CEPA.
India-Japan Comprehensive Economic Partnership Agreement (CEPA)
India and Japan are scheduled to implement a comprehensive free trade agreement from August 1 to boost bilateral trade between the countries to USD 25 billion by 2015.
The comprehensive economic partnership agreement (CEPA) between India and Japan would help increase Japan's IT business with India, industry body NASSCOM said here today.
India today said it attaches priority to its strategic partnership with Japan, even as bilateral trade and investment is set to get a boost after their comprehensive market-opening pact comes into force.
Commerce and Industry Minister Anand Sharma has proposed to set up a huge fund worth USD9 billion in a bid to finance the India-Japan infrastructure project.