SME Times is powered by   
Search News
Just in:   • Too early to comment on US tariff changes, commerce ministry reviewing situation: FM Sitharaman  • ‘Make in India’ helps create lakhs of jobs, women biggest beneficiaries: Ashwini Vaishnaw  • S. Korean, Brazilian firms call for closer ties in manufacturing, key minerals  • Pharma exports register 9.4 pc growth; industry aims for double-digit expansion in 2026–27: Govt  • India, Brazil to bolster steel supply chain 
Last updated: 29 Aug, 2020  

ASEAN.9.Thmb.jpg Industry calls for review of AITIGA to resolve key issues

Asean.9.3.jpg
   Top Stories
» ‘Make in India’ helps create lakhs of jobs, women biggest beneficiaries: Ashwini Vaishnaw
» Pharma exports register 9.4 pc growth; industry aims for double-digit expansion in 2026–27: Govt
» Surat emerges as 'Global Trade Hub' with $10.55 bn exports
» Indian stock market posts mild gains this week amid AI-related IT losses
» US trade gap widens; India deficit at $58bn
SME Times News Bureau | 28 Aug, 2020

Industry body FICCI has asked the government to review issues like reduction of Non - tariff barriers, building infrastructure and connectivity, integrating logistics, seamless digital connect, etc.

Sangita Reddy, Co-Chair (India), ASEAN - India Business Council and President, FICCI & Joint Managing Director, Apollo Hospitals Group said that India needs to work along with ASEAN countries in reduction of Non - tariff barriers, building infrastructure and connectivity, integrating logistics, seamless digital connect, collaboration in healthcare and pharmaceuticals and push for review of AITIGA.

She highlighted that collective thoughts of ASEAN members will outline a roadmap towards seamless movement of goods and services. 

FICCI, as Secretariat of ASEAN - India Business Council organised a virtual interaction of AIBC Members with Mr Piyush Goyal, Minister of Railways and Commerce & Industry, Government of India. The meeting was attended by senior industry leaders from India and ASEAN and senior officials of Government of India.

Addressing the AIBC Members meeting, Mr Piyush Goyal said that 3Cs- Cooperation, Collaboration and Commitment, will guide the strategic partnership between India and ASEAN countries.

He also said that India has taken major steps towards Atmanirbhar Bharat, ready to engage with rest of the world with a deep concern for the global community as a whole. 

Dato Ramesh Kodammal, Co-Chair (ASEAN) emphasised that ASEAN and India should take concrete steps towards increasing the trade between two regions as the regions offer a huge market consisting of one-third of world's population together.

Sandip Somany, Immediate Past President, FICCI and Vice Chairman & Managing Director of HSIL Limited suggested that Fast Tracking Mechanism for priority clearance of import-export cargo under Joint working group between Government and industry and adherence to the Rules of Origin norms to be considered while reviewing India ASEAN FTA. 

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is your primary "Make or Break" expectation from the Finance Minister this year?
 The Tax Relief
 The Working Capital Fix
 The Compliance Holiday
 The Payment Shield
 The Tech Subsidy
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter