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India & Malaysia signed landmark trade pact

Thursday, 17 February 2011, 20:51 Hrs
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Kuala Lumpur:India and Malaysia signed a landmark pact that paves the way for freer flow of trade in goods and services, besides enhanced investment and economic cooperation between the two countries.

The Comprehensive Economic Cooperation Agreement (CECA) was signed by Commerce Minister Anand Sharma and his Malaysian counterpart Mustapa Mohamed and witnessed by Prime Minister Najib Razak and several leading captains of industry from both sides.

"The CECA will usher in a new era of much deeper economic cooperation. Indian Premier Manmohan Singh is very supportive of this and a very good friend of Malaysia," Najib said while standing behind the two seated ministers after the pact was inked.
Source: PTI
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