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Thailand, India ready to sign framework for early tariff cuts.
Byline: Phusadee Arunmas
Aug. 7--Thailand and India are set to sign a framework for the reduction of import duties on 82 product items by 50 percent under an "early harvest" agreement as part of their free trade area (FTA) pact.
Parnpree Bahiddha-Nukara, the vice-minister for commerce, said the agreement would be signed in two weeks and would take effect on Sept 1.
The early-harvest programme, part of the broader Thailand-India FTA signed last October, will result in the elimination of tariffs on selected farm products and industrial goods within the third year of implementation.
Mr Parnpree, the head of the Thai negotiating team, said ...
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Source: HighBeam Research, Thailand, India ready to sign framework for early tariff cuts.