Home / Knowledge / News / Textiles / FTA projects mutual benefits & export expansion
FTA projects mutual benefits & export expansion
Feb '08
India has decided to reconsider its trade agreement with Thailand on grounds that there might be an inequity in benefits for the two countries.

In a two day meeting held on from January 31, the Trade Negotiation Department of India offered to revise the approved deal of tariff cuts and is likely to exempt petrochemicals and textiles from the list.

This proposal will surely end up in retarding agreements between the two countries. Negotiators from Thailand have concluded that India is probably waiting for the outcomes of the regional free trade agreement talk that would come in, only by Feb 13-15.

For a long time, Vietnam and Thailand are expecting tariff concessions for petroleum products. Besides, Brunei has also been in queue for a cut on export duties for petroleum.

Delay of the bilateral trade agreement is bound to bring about a loss of opportunity for Thailand to expand its trade with India. However, if the contract materializes, the agreement would help boost two-way trade between the two countries to over US $10 million in the next three years from the present $5 billion.

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search