The agreement, which covers trade in goods and services as well as investments, was signed in February 2011 and came into force on July 1 that year.
During Indian PM Narendra Modi’s visit to Malaysia this weekend, both countries will discuss a review of the Malaysia-India Comprehensive Economic Cooperation Agreement, among other issues.
Modi and Malaysian Prime Minister Datuk Seri Anwar Ibrahim are likely to hold wide-ranging talks in trade, investment, defence, semiconductors, digital technologies, renewable energy and education.
The move is part of efforts to enhance bilateral trade “in a balanced and sustainable manner”, Periasamy Kumaran, a secretary in India’s Ministry of External Affairs, was cited as saying by a news agency.
Both sides are cooperating under the Association of Southeast Asian Nations (ASEAN) for an early conclusion of the ongoing review of the ASEAN-India Trade in Goods Agreement (AITIGA), Kumaran told reporters.
Modi and Malaysian Prime Minister Datuk Seri Anwar Ibrahim are likely to hold wide-ranging talks in trade, investment, defence, semiconductors, digital technologies, renewable energy and education.
Bilateral trade between the two nations is around $20 billion annually.
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