Page 97 - AEI Insights 2018 Vol 4 Issue 1
P. 97
Mishra, 2018
of economies of ASEAN with India. The FTA in services suitably complements the ASEAN-
India Free Trade Agreement in Goods and Services which had come into force on January 1,
2010, and is likely to plug the trade gaps between India and ASEAN. In the absence of FTA in
services, India was not able to optimally utilize its core competencies in trade, majority of
which lie in the services sector. The Table 2 below shows the overall trade between India and
the ten ASEAN members between 2012 and November 2015.
97
