<h1>India-Malaysia Economic Pact Boosts Trade, Investments, and Cooperation; Effective July 1, 2011; Exceeds ASEAN FTA Benefits.</h1> The India-Malaysia Comprehensive Economic Cooperation Agreement (CECA) will be effective from July 1, 2011, marking India's fourth such bilateral agreement after those with Singapore, South Korea, and Japan. The CECA aims to liberalize trade in goods and services, enhance investments, and foster economic cooperation. In 2010-11, trade between India and Malaysia reached US$10 billion, a 26% increase from the previous year, with expectations to reach US$15 billion by 2015. The agreement surpasses the India-ASEAN FTA commitments, offering market access for Indian exports like basmati rice and mangoes while protecting sensitive sectors. It also facilitates cross-border investments and business movement.