Note: Any customs union, every common market, any economic union, the Customs and Monetary Union and the Economic and Monetary Union are also a free trade area. The Eurasian Economic Union, composed of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, has concluded free trade agreements, see below. List of agreements between two states, two blocs or one bloc and one state. Turkey has bilateral and multilateral agreements with: Delhi has free trade agreements with the Association of Southeast Asian Nations (ASEAN), Sri Lanka and other bilateral agreements with Malaysia and Thailand. It has a broader economic agreement with South Korea. India also expects to sign an agreement with the European Union before the end of the year. Full multilateral agreements (not listed below) see: List of multilateral free trade agreements. For India, the pact “would provide a comprehensive framework to promote our economic cooperation for both trade and investment,” Sharma said. He added: “It will be worth it for India and for Japan.” With Indonesian President Yudhoyono in India, the two countries have pledged to strengthen their counter-terrorism cooperation by signing an extradition agreement and have announced the opening of free trade negotiations. (25.01.2011) The People`s Republic of China has bilateral trade agreements with the blocs, countries and their two specific administrative regions:[13] Companies that have been awaiting the agreement since negotiations began in January 2007 welcome this signing.
Tadashi Okamura, president of Japan`s Chamber of Commerce and Industry, said the agreement would “develop complementary relationships.” Switzerland (which has a customs union with Liechtenstein, which is sometimes contained in agreements) has bilateral agreements with the following countries and blocs:[41] List of negotiations. Agreements that have so far been discussed only in the absence of formal action by the parties concerned are not mentioned. EFTA[17] has bilateral agreements with the following countries – including dependent regions – and blocs: one sector that is not often mentioned in China`s economic growth is tourism. Taiwan and China recently signed their largest free trade agreement to date, and today we are talking about a “free trade agreement.” (28.10.2010) Afghanistan has bilateral agreements with the following countries and blocs:[1] This is a list of free trade agreements between two parties in which each party could be a country (or another customs territory), a trading bloc or an informal group of countries. After a meeting in Berlin, German Chancellor Angela Merkel and Indian Prime Minister Manmohan Singh announced that they would increase bilateral trade by more than 50% over the next two years. (11.12.2010) An interactive list of bilateral and multilateral free trade instruments is available on the TREND Analytics website. [59] Japan and India signed a bilateral free trade agreement that would eliminate tariffs on more than 90% of trade for ten years. India is the twelfth country to have signed a free trade agreement with Japan, and the largest to date after the economy.
Despite the size of their economies, Japan and India had limited trade, which amounted to about $15 billion in 2010, or just one percent of Japan`s world trade. The Indian mining industry, fishing and some agricultural products have to lift their tariffs. India will maintain tariffs on vehicles assembled to protect its automotive industry, but will gradually remove barriers to trade in auto parts. . Japan and India are also working to lift restrictions on employment to allow Japan to work as nurses and dependents.