What this agreement covers.
Goods — Early Harvest Scheme on 82 tariff items. Full FTA under negotiation.
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Goods — Early Harvest Scheme on 82 tariff items. Full FTA under negotiation.
Both parties — full FTA under active negotiation
Aggregate trade volume among parties: USD 14.5B
| Risk | Assessment | Mitigation |
|---|---|---|
| Early Harvest Scheme is limited — only 82 lines at preference | High — most trade on India-ASEAN AIFTA rates, not bilateral | Use India-ASEAN AIFTA for Thailand trade; EHS is supplementary only |
| Full FTA negotiations stalled since 2004 — timeline uncertain | Medium — no preferential access on non-EHS/AIFTA items | Use India-ASEAN AIFTA as primary framework for India-Thailand bilateral trade |
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