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‘India-Asean FTA has more potential for bilateral trade'
 Muzaffar Hameed June 9, 2012, 12:17:49 AM 

 HYDERABAD, JUNE 7: 

The India-Asean Free Trade Agreement (FTA) is under-utilised, as it has more potential for increasing bilateral trade, according to Mr Vichael Angelo, Commercial Attache, the Philippines Department of Trade & Industry.

The Philippines is exploring possibilities to create new linkages for ramping up trade with India, he said at an interactive meeting on Indo-Philippine bilateral trade organised by the Federation of AP Chamber of Commerce & Industry here on Wednesday.

Trade between India and the Philippines has crossed $1.3 billion, with a growth rate of about 23 per cent. Read more

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