Asean, India conclude trade pact | Bangkok Post: news

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Asean, India conclude trade pact

New Delhi -- The Association of Southeast Asian Nations (Asean) and India on Thursday successfully concluded negotiations on a free trade agreement in services and investment.

Speaking at an India-Asean commemorative summit in New Delhi, Prime Minister Manmohan Singh said: "This represents a valuable milestone in our relationship. I am confident it will boost our economic ties in much the same way the FTA in goods has done."

The two parties reached a trade deal on goods in 2010 but India has pushed for extending the agreement to services and investment.

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