In the backdrop of issues encountered by the marine product exports from Kerala in the traditional strongholds of
the European Union and the United States, there is a need to target newer markets. The ASEAN India Trade in
Goods Agreement (TIGA) though proposes to liberalize trade between India and the ASEAN member nations,
fails to deliver greater market access for our marine products in the markets of the ASEAN nations. This can be
attributed to factors such as the lower prevailing MFN base rate in the ASEAN nations, tariff reduction
commitments reciprocated by them being lesser than India’s offers, inclusion of our prominent items of export in
the restrictive lists of most of the ASEAN nations etc. Export forecast suggests that this is a market to be
reckoned, which in turn stipulates the need to secure greater concessions and preferential treatment for our
marine product exports in the ASEAN nations to capitalize on the gains that have been made
Description:
Journal of Economics and Sustainable Development,Vol.3, No.7, 2012