Wednesday, June 27, 2007

Indo-Thai FTA May Be Signed By Sept

New Delhi: The Indo-Thai free trade agreement (FTA) is likely to be inked by September. The pact will initially cover goods and include services and investment at a later stage. The inking of the deal covering goods is likely to be over by September. Thailand has accorded to begin parallel negotiations for including goods, investment and services in the FTA. After the FTA on goods becomes effective, provisions relating to investment and services will be added to it. Negotiations on goods are at an advanced stage, though those on services and investments are yet to cover significant ground. The FTA covering trade in goods is likely to be effective by 2010.

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