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India-Thailand Comprehensive Economic Cooperation Agreement (CECA) negotiations.




India-Thailand Comprehensive Economic Cooperation

Agreement (CECA) negotiations

  1. In November 2001, the Prime Minister of Thailand, Dr. Thaksin Shinawatra and the Prime Minister of India agreed to set up a Joint Working Group (JWG) to undertake feasibility study on a Free Trade Agreement between India and Thailand. The Joint Working Group observed that the present policy regimes in both the countries were conducive to more intensive bilateral economic integration and a Free Trade Agreement could prove to be a building block for other sub-regional, regional and global economic integration processes of which both countries are a part. Having observed rich potential of trade expansion, the study concluded that the proposed Free Trade Agreement between India and Thailand is feasible, desirable and mutually beneficial. Accordingly, a Joint Negotiating Group was set up to draft the Framework Agreement on India – Thailand FTA.

  2. During the visit of Indian Prime Minister to Thailand, a Framework Agreement for establishing Free Trade between India and Thailand was signed by the Commerce Ministers of the two sides on 9th October, 2003 in Bangkok, Thailand. The Framework Agreement cover FTA in Goods, Services and Investment and Areas of Economic Cooperation. The Framework Agreement also provided for an Early Harvest Scheme (EHS) under which 82 common items of export interest to the sides have been agreed for elimination of tariff on a fast track basis.

Current Status

  1. The tariff concessions on 82 items of EHS list began from 1.9.2004. The tariffs on these items have become zero for both sides from 1.9.2006.

  2. India-Thailand Trade Negotiating Committee (TNC) has been constituted and discussions are being held on a comprehensive FTA including Trade in Goods, Trade in Services, Investment, Rules of Origin, Dispute Settlement Mechanism etc. 17 Rounds of negotiations have so far been held.






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What is New?

Date: 05-01-2018
Notification No. 02/2018-Customs
Seeks to amend notification 50/2017-Customs dated 30.06.2017 so as to exclude petroleum coke from the purview of concessional 5% Basic Customs Duty (BCD).

Date: 05-01-2018
Notification No. 01/2018-Customs
Seeks to amend notification No. 82/2017-Customs dated 27.10.2018 to amend the effective rate of customs duty of tariff item 6001 9200.

Date: 05-01-2018
Notification No. 02/2018-Customs (N.T.)
Amendment to notification no. 12/97-Customs (NT) dated 2nd April, 1997

Date: 04-01-2018
Notification No. 01 /2018-Customs (N.T.)
Exchange Rates Notification No.1/2018-Custom(NT) dated 4.1.2018

Date: 29-12-2017
Notification No. 97/2017-Customs
seeks to amend notification No. 53/2011-Customs dated 01st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 01.01.2018 ..

Date: 29-12-2017
Notification No. 21/2017-Customs (N.T./CAA/DRI)
Tariff Notification in respect of Appointment of Common Adjudicating Authority by DGRI

Date: 29-12-2017
Notification No. 20/2017-Customs (N.T./CAA/DRI)
Tariff Notification in respect of Appointment of Common Adjudicating Authority by DGRI

Date: 29-12-2017
Notification No. 120 /2017-Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut,Gold and Silver

Date: 28-12-2017
Notification No. 119 /2017-Customs (N.T.)
Notification under sub-section (1) of section 4 of the Customs Act, 1962

Date: 22-12-2017
Notification No. 95/2017-Customs
Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to provide deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01.01.2018 .



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