1) India is a member of which of the following Free Trade Agreements (FTAs)?
1) SAFTA 2) India-ASEAN CECA on goods, services and investment 3) India – Canada FTA 4) India-EU BTIA
a. 2, 4
b. 1, 2
c. 1, 3, 4
d. All of the above
Answer
Explanation
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ANSWER: 1, 2
Explanation:
- India is a member of the following two regional Free Trade Agreements (FTAs): SAFTA and India-ASEAN CECA on goods, services and investment.
- India is still negotiating other FTAs like - India – Canada FTA; India-European Union Broad-based Bilateral Trade and Investment Agreement (India-EU BTIA); India – European Free Trade Association (EFTA) Trade & Economic Partnership Agreement (TEPA); India - New Zealand CECA; India - Thailand CECA; India - Mauritius CECPA, etc.
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