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Reply: The Trade in Goods agreement with BIMSTEC countries is likely to be concluded within this year so that the tariff concession can be implemented on 1 July 2012



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Reply: The Trade in Goods agreement with BIMSTEC countries is likely to be concluded within this year so that the tariff concession can be implemented on 1 July 2012.

REPORT BY WTO SECRETARIAT

SUMMARY

Australia 62:

  1. Paragraph 25, page xiii of the Secretariat report suggests that specific market access conditions and permits may be affecting opportunities for foreign investment in India's services industries.

Could India provide information on any plans to consider changes to domestic regulations that would enhance the ability of foreign services providers to invest and participate in India's markets?

Reply: The Government is in the process of implementing several real, financial sector and regulatory reforms to further improve the economic environment in the country. The regulatory architecture is being made more amenable for sustainable growth. The policy environment has been made more conducive for the spread of public private partnership in the infrastructure sector.

III. TRADE POLICIES AND PRACTICES BY MEASURE

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