India and the 10-nation trading bloc ASEAN are likely to resume their talks soon to widen the scope of the Free Trade Agreement (FTA) between two sides by opening trade in services, after opening up of merchandise trade.
After a free trade agreement (FTA) in goods, India now hopes to ink an FTA with the 10-member ASEAN bloc for services and investments by this year-end to broaden its trade basket.
India and the 10-nation trading bloc Association of Southeast Asian Nations (ASEAN) will meet next month to speed up the ongoing talks for opening trade in services, an area of immense interest for Indian professionals.