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India, Malaysia to discuss trade pact review during Modi’s visit

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The Malaysia-India trade pact, which covers trade in goods and services as well as investments, was signed in February 2011 and came into force on July 1 that year.

NEW DELHI: India and Malaysia are expected to discuss a review of their bilateral free trade agreement during prime minister Narendra Modi’s visit this weekend.

The move is part of efforts to enhance bilateral trade “in a balanced and sustainable manner”, according to Periasamy Kumaran, a secretary in India’s external affairs ministry.

India and Malaysia are cooperating under Asean for an early conclusion of the ongoing review of the Asean-India Trade in Goods Agreement (AITIGA), and are also discussing a joint review of the Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA), he told reporters during a media briefing in New Delhi.

Tags:diplomacyIndiaIndia-Malaysia relationsMalaysiaNarendra Modi


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