India - Trade AgreementsIndia - Trade Agreements
India has entered into bilateral and regional trading agreements over the years. These agreements, besides offering preferential tariff rates on the trade of goods among member countries, also provide for wider economic cooperation in the fields of trade in services, investment, and intellectual property.
The preferential arrangement/plans under which India is receiving tariff preferences are the Generalized System of Preferences (GSP) and the Global System of Trade Preferences (GSTP). According to the Indian Government’s Export Inspection Council (EIC). Presently, there are 43 countries participating under the GSTP and the EIC is the authorized agency to issue the certificate of origin under the GSTP.
India reports that it has 18 bilateral or regional trade agreements in force and the information on India’s bilateral trade agreements is now available at the Ministry of Commerce and Industry website: http://indiantradeportal.in/