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Rediff.com  » Business » India to sign FTA with Asean

India to sign FTA with Asean

Last updated on: July 23, 2009 

India to sign FTA with Asean

 

India is close to signing a free trade pact with the South-East Asian nations to boost exports in the face of a global economic downturn and rising protectionism, a top official said on Wednesday.

A slump in demand for Indian goods overseas slashed the country's exports by 16 per cent in January, the fourth straight fall.

Trade officials fear contraction in the full March quarter.


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Source: ANI