India Malaysia Free Trade Agreement Pdf
Trade with India amounted to $10.77 billion (RM44.50 billion) out of $12.02 billion (RM46.80 billion), down 4.9% from 2015; MICECA is a comprehensive agreement covering trade in goods, trade in services, investment and transport of natural persons. It enhances the benefits of the ASEAN-India Agreement on Trade in Goods (AITIG) and will further facilitate and improve reciprocal trade, services, investment and economic relations in general. For the exclusion list (EL), India excluded 1,225 products under MICECA, compared to 1,298 under AITIG. Malaysia excluded 838 products under MICECA, compared to 898 under AITIG. . The best with Internet Explorer 10 and above with 1280 x 800 resolution India has committed to allow Malaysian foreign stakes of 49-100% in 84 service sectors, including professional services, healthcare, telecommunications, retail and environmental services. In return, Malaysia has committed to allowing Indian foreign participation in 91 service sectors. Exports decreased by 7.0% to $7.13 billion (RM29.44 billion) from $8.12 billion (RM31.67 billion) in 2015; However, in order for your product to benefit from preferential rights, it must meet the criteria of the Rules of Origin (ROO) under MICECA. Ms Wong Pik Sieng DL: 03-6208 4723 Email: pswong@miti.gov.my India will incur tariffs of 45% on 3 palm products by 31 December 2018 (these three products have been excluded from tariff concessions granted under AITIG). For any other request, please contact the FTA Contact Point as follows: Ms Nurfadhilah Syamimi Julaihi (Melaka) DL: 06-2530069 E-mail: nurfadhilah@miti.gov.my Normal Track 1 (NT1): tariffs for all products listed in NT1 are waived until 30 September 2013, three months before AITIG; Better concessions have been granted to Malaysia under MICECA for palm oil and palm oil products: for issues related to certificates of preferential origin/rules of origin, please contact:. If you are exporting to India, please click on this link to check the preferential tariffs under MICECA: India will commit tariffs on refined palm oil (RPO) until December 31, 2018 (one year earlier than India under the AITIG) at 45%.