Archive · 9 Jan 2026
ASEAN-India Trade Pact Review Aims to Boost Market Access
India and the ASEAN countries are working together to update their trade agreement.
This agreement, called AITIGA, is being reviewed to make it better for both sides.
The goal is to make trade easier and more balanced.
India's ambassador to ASEAN, Srinivas Gotru, said this could bring big benefits if finished this year.
Trade between India and ASEAN is already very important, with USD 123 billion in trade last year.
Indian companies are also being encouraged to look at new opportunities in ASEAN, especially in areas like manufacturing and digital trade.
The ASEAN region is seen as a key partner for India's long-term economic strategy.
The ASEAN-India Trade in Goods Agreement (AITIGA) is undergoing a comprehensive review to modernize and balance the pact.
India's Ambassador to ASEAN, Srinivas Gotru, expressed hope for a swift conclusion to the review.
Trade between India and ASEAN stood at approximately USD 123 billion in 2024-25.
Cumulative Indian foreign investment in ASEAN has reached nearly USD 30 billion over the past 20 years.
The review aims to align the agreement with current economic realities and improve market access for both economies.
- Who
- India and ASEAN nations
- What
- Review of the ASEAN-India Trade in Goods Agreement (AITIGA)
- When
- Ongoing, with hopes for a swift conclusion
- Where
- ASEAN region and India
- Why
- To modernize the pact for better market access and economic alignment
- Trade Volume
- USD 123 billion (2024-25)
- Indian FDI in ASEAN
- Nearly USD 30 billion (past 20 years)
- ASEAN Annual FDI
- About USD 200 billion
- Key Sectors for India
- Manufacturing, Pharmaceuticals, IT, Renewable Energy, Logistics
- Digital Framework
- Digital Economic Framework Agreement (DEFA)
Sources
Review of ASEAN-India trade pact aimed at boosting market access: Envoy
Review of ASEAN-India trade pact expected to improve market access for companies
ASEAN-India Trade Pact Under Review To Boost Market Access, Balance Trade
Developing countries can emulate India’s model of inclusive growth: Foreign jt secy
