ASEAN-India Trade In Goods Agreement Review Meeting

  • The 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in Putrajaya, Malaysia from 7-9 May 2024. 
  • The meeting was co-chaired by Shri Rajesh Agrawal, Additional Secretary, Department of Commerce, India, and Ms. Mastura Ahmad Mustafa, Deputy Secretary General (Trade), Ministry of Investment, Trade & Industry, Malaysia. 
  • The review aims to make AITIGA more trade-facilitative and beneficial for businesses across the region. 
  • The review work has been undertaken four times so far. 
  • The Joint Committee finalized its Terms of Reference and the Negotiating Structure for the review negotiations in its first two meetings. 
  • All five Sub-Committees have started their discussions, with the outcomes reported to the 4th AITIGA Joint Committee. 
  • ASEAN is a major trade partner of India, with bilateral trade standing at USD 122.67 Bn during 2023-24.
Posted in Current Affairs.

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