July 23, 2014
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Comprehensive Economic Cooperation Agreement expands trade, services, and investment cooperation between India and Malaysia under a structured economic framework.
India and Malaysia implemented the Comprehensive Economic Cooperation Agreement (CECA) in 2011, establishing chapters on Trade in Goods, Trade in Services and Investment to facilitate market access and regulatory cooperation; Malaysian FDI has been concentrated in non conventional energy, construction development, metallurgical industries, services and power, and the governments have set a bilateral trade target under this framework.