In ancient times, regions of Asia had commercial relations among themselves as well as with parts of Europe and Africa. In the earliest days nomadic peoples traded over considerable distances, using barter as the medium of exchange. Particularly important in such trade were fine textiles, silk, gold and other metals, various precious and semiprecious stones, and spices and aromatic products. Trade between Europe and Asia expanded considerably during the Greek era about the 4th century bc , by which time various land routes had been well established connecting Greece , via Anatolia Asia Minor , with the northwestern part of the Indian subcontinent. Further development of land and sea routes from the Mediterranean basin, especially to southern India , occurred during Roman times.
ASEAN – India Free Trade Area
ASEAN–India Free Trade Area - Wikipedia
So China is seeking new customers. They could prove to be a hard sell. China this week formally restarted its efforts to create a free-trade zone across the Asia-Pacific region, with an unlikely goal of striking a deal by November. If successful, the pact could eventually open markets from Australia to India. Beijing is also trying to keep alive long-shot, three-way talks that would lower trade barriers among China, Japan and South Korea. More broadly, it is unilaterally reducing its own tariffs on a broad range of goods from all over the world, even as it puts higher retaliatory tariffs on American-made goods.
ASEAN Free Trade Area (AFTA Council)
James E. Alan Deardorff, Alan V.
India is a crucial player in South Asia; its trade with neighbouring countries is the major driver of growth in the region. The study examines the role of India in expanding trade relations within the South Asian region. The focus is on exports, imports, trade balance, and major goods exchanged between India and individual countries, based on the latest data