|
Back
COMMERCIAL RELATIONS WITH NEIGHBOURING COUNTRIES
Date : 22 Jul 2009
Location : New Delhi
New Delhi: July 22, 2009
In order to improve commercial relations with neighbouring countries, the Government of India has signed the South Asia Free Trade Agreement (SAFTA). India also provides preferential trade exchange to the neighbouring countries under Bangladesh, India, Myanmar, Sri Lanka, Thailand Economic Cooperation (BIMSTEC) and Asia Pacific Trade Agreement (APTA) as well as under Duty Free Tariff Preferential (DFTP) Scheme. Besides, GOI has a number of bilateral agreements and discussions, which helps deliberating upon and resolving certain vexed issues relating to trade and non-trade barriers. Several other initiatives for facilitating trade such as exchange of trade delegations, participation in fairs and exhibitions, organization of buyer-seller meets are also organized / facilitated from time to time.
The details of import and export to the neighbouring countries during the last three years, value- wise is given below:
(Rs. In Crores)
|
S.NO |
Country |
2006-2007 |
2007-2008 |
2008-2009(April-Feb) |
| |
Export |
Import |
Export |
Import |
Export |
Import |
|
1. |
Bangladesh |
7365.97 |
1033.91 |
11743.21 |
1034.68 |
10307.59 |
1341.61 |
|
2. |
Bhutan |
260.19 |
640.00 |
348.86 |
782.60 |
442.74 |
631.71 |
|
3. |
Maldives |
310.96 |
13.83 |
360.55 |
16.70 |
561.84 |
16.69 |
|
4. |
Nepal |
4201.38 |
1384.51 |
6063.48 |
2527.26 |
5979.70 |
2058.09 |
|
5. |
Pakistan |
6106.88 |
1462.73 |
7827.37 |
1158.72 |
5875.09 |
1545.39 |
|
6. |
Sri Lanka |
10206.38 |
2129.56 |
11374.29 |
2540.92 |
10263.50 |
1376.97 |
|
7. |
China |
37529.78 |
79008.61 |
43597.42 |
109116.07 |
35262.83 |
127938.92 |
|
8. |
Myanmar |
633.75 |
3540.95 |
746.19 |
3259.28 |
934.18 |
3682.25 |
(Source: DGCI&S)
This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce & Industry, in a written reply in the Rajya Sabha today.
*******
RJ/MRS
|
Archives
