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How does the India-ASEAN FTA work?

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India-ASEAN AIFTA (in force 2010) provides preferential tariff rates between India and 10 ASEAN nations. India exporters to ASEAN pay reduced or zero duty on goods meeting 35% ASEAN/India regional value content. The FTA covers goods; a separate services agreement covers IT and professional services. ASEAN nations covered: Thailand, Vietnam, Indonesia, Malaysia, Singapore, Philippines, Myanmar, Cambodia, Laos, Brunei.

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