About 10 percent of India's exports land up in the ASEAN markets and our imports are considerable. In this view we cannot probably ignore FTA with the ASEAN, he said.
India already has FTA with some countries and is currently negotiating with Korea, Japan and EU. FTA with China, Australia, New Zealand and other will also happen some time in future. So if India is to wait for appropriate time then it would be too late and would be left behind in terms of market access to the competing countries.
Confederation of Indian Industry
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