Indo-Asean services trade talks from Jan 12

Written by Press Trust of India | New Delhi | Updated: Dec 30 2009, 03:55am hrs
India has lined up a series of meetings with the Aseana trading bloc of 10 southeast Asian nationsover the next seven months to reach a deal on opening up services trade, after opening up of merchandise trade.

Negotiators will meet here from January 12-16 to take forward the talks on services trade, a senior commerce ministry official said, adding that more interactions are scheduled for March, April, May and July. So far, two rounds of negotiations have already taken place in this regard.

India signed a free trade agreement (FTA) with the Association of Southeast Asian Nations (Asean) in August, which will come into effect from January 1, 2010, and is committed to begin breaking duty barriers on goods.