Circulars

IMP - Inputs for the review of India’s FTAs with ASEAN, Japan and Korea in the Chemicals, Petro-chemicals & Plastics sectors regarding
 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road,   Mumbai - 400 001.

Tel  :+91-22-69821200 to 206 Fax No : 22-69821226 / 37
Twitter : @chemexcil
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in


EPC:LIC:CII:STC:IND-ASEAN:2024-25:1181:KR                                              17th December, 2024

 

ALL THE MEMBERS OF THE COUNCIL

(IMPORTANT)

Inputs for the review of India’s FTAs with ASEAN, Japan and Korea in the

Chemicals, Petro-chemicals & Plastics sectors regarding

 

Dear Sir/Madam,

CHEMEXCIL attended a Stakeholder Consultations for the review of India’s FTAs with ASEAN, Japan and Korea in the Chemicals, Petro-chemicals & Plastics sectors covering chapters from 28 to 39.

As you are aware that the ASEAN-India Trade in Goods Agreement was signed and entered into force more than 13 years ago, on 1st January 2010. Given trade interests and ambitions of India and changing global trade environment, a strategic review of AITIGA has been initiated to ensure its continued relevance, address asymmetries in trade, and explore new opportunities. Similar reviews are also being undertaken for India’s existing FTAs with Japan and Korea.

These reviews aim is to strengthen and diversify trade relationships with these pivotal trade partners, while addressing the existing asymmetries in bilateral trade. Given that these agreements were signed over a decade ago, the trade environment has evolved significantly, prompting the need for a comprehensive reassessment.

In view of above we request members to share and give holistic idea about the rationale behind liberalization and protectionist measures keeping in mind global value chains creation within Asia-Pacific region in Chemicals, Petrochemicals and Plastics sector.

Enclosed herewith are the export and import offensive lines for your inputs and validation.

Please share your views on following parameters

  • PSRs of Export and import tariffs
  • Non-Tariff Barriers in ASEAN region (w.r.t. country)
  • Any complex clearance process in ASEAN region with desired solution
  • Tariff Barriers
  • Standard regulations/procedures
  • Complex production process to get preferential access, etc.
  • Any other issue in ASEAN region

 

We request members to share above inputs on ad.del@chemexcil.in with copy to pw@chemexcil.in; dg@chemexcil.in on or before 26th December 2024.

Thanks and Regards

Raghuveer Kini
Director General

CHEMEXCIL

 Encl : 1. CII Import off Chem Asean

2. CII Export off Chem Asean