Implementation of the Free Trade Agreement (FTA) with Association of South East Asian Nations (ASEAN) from 1'1 January 2010, India has achieved an important milestone in pursuance of ns objective to expand ns economic and political relationship with the neighbouring nations. ASEAN consists of 10 countries namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The ASEAN-India FTA (AIFTA) is considered a major step of India into the formidable regional trade block of south Asia According to the Federation of Indian Chambers of Commerce and Industry (FICCI), the pact is a win- win for both as the increased market access would result in doubling of the bilateral trade from about $50 billion in 2010 to $100 billion by 2015. Indian exporters would be able to source products at competitive prices in sectors such as machinery and machine parts, steel, agricultural products, auto components, chemicals and synthetic textiles. On the other hand, ASEAN would gain access to the Indian market for its non-agricultural products. Under the FT A, tariffs on over 80 per cent (4,000 product lines) of the goods traded between the two regions are proposed to be completely withdrawn by 2016. Also, the agreement opens up the $1.1-trillion ASEAN market to Indian exporters, paring their dependence on the western countries. This book deals with the empirical studies on Indo ASEAN Free Trade Agreement and its likely impact on India's exports and investments.
ABOUT THE AUTHOR P Arunachalam
P. Arunachalam is a Reader in the Department of Applied economics, Cochin University of Science and Technology (CUSAT), Kochi-22, Kerela State, India. He was the head of the Department of Applied Economics, Cochin University of science and techonology during the period april 2004 to aoril 2007. He has Nineteen years of Teaching and Research Experiences. He took his PG degree from Loyolo College, Madras, a world-renowned college in Southern India, affiliated to Madras and university and M.phill and Ph. D Degrees from Cochin university of Science and Technology, Kochi ,Kerela State.Pondicherry University, a central university, Awarded him Doctoral Fellowship intye year 1988. he joined as a Lecturer in the 1989 and become Reader in the 1997. He was Awarded post Doctoral Training Fellowship by the NUFFIC (Netherland Council for Co-operation in Higher Education, Government of Netherlands) for six times under SEPTRA-MHO-programe between the department of Applied Economics, cochin University of science and technology and the Development research institute (IVO), Tilburg University, the Netherlands during the period 1999 to 2004. Part of his research Training programme, he visited France, Germany, italy, Belgium, spain, England, Switzerland, srilanka, and most of the Gulf Countries. He is specialized in Quantitative Techniques and International Economics . He is teaching Business Statistics at Master of Business Economics (M.B.E.) levels and Quantiative Techniques at M.phil level. He was a member of the Academic council, CUSAT from april 2004 to april 2004. He is visiting faculty member of many Universities in South India. He is a member of several Academic and professional Bodies at National and international Levels. He has done a Minor Projects on @India @s Spices Exports to the Netherlands @under UGC UN-Assigned grant and jointly done a Major Project on @global Based commodity Chain; with special references to Cardamom@ funded by NUFFIC through Development research institute, Tilburg University, the Netherlands, with Dr. wim Pellupessey, Senior Economists, IVO, Tilburg University, trhe Netherlands. He did his Ph.D works on @India@s Engeering goods exports: growth, concentration and Diversification. He has to his credit 40 Research Articles in various reputed journals and magazines and also contributed articles to 9 textbooks. Participated as an expert and presented research papers in more than 58 National and international conferences, workshops , Symposiums and seminars. He has produced 3 Ph.Ds and several more students are doing Ph.D under his supervision. Now doing a major research work on @Special economic Zones@ in India. He has been selected fopr the professor post in the department of economics, Bharathiyar university, coimbatore. Member as partner of Dr. M.
Rajarajan@s Digital Identity Management, City university, London, England.
There are no reviews yet.