Trade agreements

Partial Scope Agreement (PSA): A PSA is only partial in scope, meaning it allows for trade between countries on a small number of goods

Free Trade Agreement (FTA): A free trade agreement is a preferential arrangement in which members reduce tariffs on trade among themselves, while maintaining their own tariff rates for trade with non-members [NOTE: FTA means not zero tariffs but reduced tariffs]

Comprehensive Economic Cooperation Agreement CECA
Comprehensive Economic Partnership Agreement CEPA

Customs Union (CU): It is a free-trade agreement in which members apply a common external tariff (CET) schedule to imports from non-members.

Members same external tariff from non-members

Economic Union (EU): An economic union is a common market where member countries coordinate macro-economic and exchange rate policies

International Investment Agreements

An IIA (includes Bilateral Investment Treaties and Treaties with Investment Provisions) promotes greater investment flows between signatory countries and sets out standards of protection for investments made in one country by investors from the other country.

Overview

Asia-Pacific Trade Agreement APTA	Bangkok Agreement; Preferential Trade Agreement Only agreement b/w India and China	7- India, Srilanka, Bangladesh, Laos, China, Mongolia, South Korea Initiative of ESCAP Economic and Social Commission for Asia Pacific
Regional Comprehensive Economic Partnership RCEP	Still negotiations, Mooted by China 16 countries India decided NOT to join	ASEAN(10) & 6 -India, China, Australia, Japan, S Korea, New Zealand NO: US
Trans Pacific Partnership TPP	twelve Pacific Rim countries	US , Canada, Mexico, Chile, Peru, Australia, New Zealand, Brunei, Malaysia , Singapore, Vietnam, Japan NO: India, China, S Korea, Philippines, Indonesia ; US recently withdrawn
TTIP Trans-Atlantic Trade and Investment Partnership		European Union and United States
MERCOSUR		Trading bloc & Customs union of Latin American nations, including Brazil
SACU Southern African Customs Union		South Africa, Lesotho, Swaziland (Eswatini), Botswana and Namibia.
Eurasian Economic Union EAEU	Treaty on the Eurasian Economic Union.	Russia, Armenia, Belarus, Kazhakhstan, Kyrgyzstan India under discussion
NAFTA North American Free Trade Agreement		Canada, Mexico, and the United States

Preferential Trade Agreements

Afghanistan, Nepal, Chile & MERCOSUR, Asia Pacific Trade Agreement APTA
SAARC Preferential Trading Arrangement (SAPTA)

Free Trade Agreements

India has free trade agreements with

Bhutan
India - Srilanka Free Trade Agreement ISFTA in 2000
ASEAN

India has a separate Free Trade Agreement with Thailand and Malaysia, Singapore other than the India-ASEAN FTA.
Operational since 2010
India also has FTA in Services and Investments with ASEAN

Japan (India also has Comprehensive Economic Partnership Agreement with Japan)
South Korea
South Asian Free Trade Area or SAFTA - Afghanistan, Bangladesh, Bhuta n, India, Maldives, Nepal, Pakistan and Sri Lanka
Malaysia

Note:

Pakistan, Maldives has FTA with China

India-Nepal - PTA; India-Bhutan - FTA

Other agreements

India Singapore CECA
India Malaysia CECA
India Japan CEPA (also has FTA with Japan)
India Korea CEPA (also has FTA with Korea)
SAARC Agreement on Trade in Services

Under Negotiations

India - EU Broad Based Trade and Investment Agreement (BTIA)
India – S Lanka Economic and Technical Cooperation Agreements (ETCA)
India - Thailand Comprehensive Economic Cooperation Agreement (CECA)
India - Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA)
India-EFTA Trade and Economic Partnership Agreement (TEPA) [European Free Trade Association]
India - New Zealand Comprehensive Economic Cooperation Agreement (CECA)
India - Australia Comprehensive Economic Cooperation Agreement (CECA)

BIMSTEC Comprehensive Economic Cooperation Agreement (CECA)
Regional Comprehensive Economic Partnership RCEP

India – Israel FTA< span>
India-SACU Preferential Trade Agreement (PTA) negotiations [South Africa Customs Union]
India - Canada Bilateral Investment Promotion and Protection Agreement (BIPPA)
India - Canada Comprehensive Economic Partnership Agreement (CEPA)

India – Canada Free Tra Agreement (FTA)
India- Gulf Cooperation Council FTA

CECA with Thailand, New Zealand, Australia, BIMSTEC

NAFTA North American Free Trade Agreement

NAFTA is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.
The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.
NAFTA also sought to eliminate non-tariff trade barriers and to protect the intellectual property rights on traded products.
NAFTA established the CANAMEX Corridor for road transport between Canada and Mexico, also proposed for use by rail, pipeline and fiber optic telecommunications infrastructure.

EU-Chi na Comprehensive Agreement on Investment