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Free Trade Agreement Between India And Thailand

MoU between the Financial Intelligence Unit, India and the Anti Money Laundering Organization, Thailand, on cooperation in the exchange of financial information related to money laundering and terrorist financing. Bilateral trade between countries amounted to $4.1 billion in the first half of 2010, an increase of 29% over the previous year. Of the total, Thailand`s exports to India amounted to $2.6 billion, while imports from India amounted to $1.5 billion. A India-Thailand Trade Negotiating Committee has been established to discuss the details of the framework agreement and to formulate a free trade agreement, as well as to strengthen economic cooperation between the two countries. Expert groups have also been set up to negotiate certain areas of the agreement, for example.B. rules on the origin of goods, dispute settlement mechanisms and trade in services and investment. These expert groups shall report to the Trade Negotiations Committee on their findings. Memorandum of Understanding between the Indian Council of Agricultural Research (ICAR) and the Asian Institute of Technology (AIT) Friendship/Cooperation Agreement between the City of Port Blair and the Province of Phuket Background As former Prime Minister of Thailand, Pol. Dr. Thaksin Shinawatra, who visited India from 26 to 29 November 2001, agreed that the Heads of State and Government of the two countries had agreed to end economic cooperation on trade and investment. and a joint working group to study the feasibility of establishing a free trade area between Thailand and India. The Joint Working Group held four sessions between May and December 2002 and concluded that a free trade agreement would bring mutual benefits in the development of trade, investment and economic cooperation in areas such as tourism, education, finance and banking, health, aviation and international transport. In addition, Thailand would benefit from increased trade and reduced tariffs on exports to India, including clothing, leather products, chemicals, rubber, plastics, metals, automobiles and spare parts, as well as electrical equipment.

Following the study, the two sides set up a joint negotiating group to develop the framework agreement with a view to establishing a free trade area between Thailand and India for trade in goods, services, investment and economic cooperation. The negotiating group convened six meetings between December 2002 and October 2003. On 9 October 2003, the trade ministers of the two countries signed the framework agreement. Framework Agreement Establishing a Free Trade Area between Thailand and India MOU between the Indian Navy and the Royal Thai Navy concerning coordinated patrol procedures in areas adjacent to the international maritime boundary and the establishment of lines of communication The Framework Agreement includes the liberalization of trade in goods, trade in services and investment as well as the development of economic cooperation. The Treaty between the Republic of India and the Kingdom of Thailand on the Transfer of Sentenced Persons Memorandum of Understanding on Defence Cooperation between the Government of the Republic of India and Government of the Kingdom of Thailand Important Framework Agreement for the Establishment of a Free Trade Area between Thailand and India The Framework Agreement governs the liberalization of trade in goods, trade in services and investment and the strengthening of economic cooperation. . . .

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