Malaysia and India will begin negotiating a free trade agreement in January 2008, a report said Saturday. Rafidah Aziz, Malaysia's trade minister was quoted as saying a bilateral trade pact could boost Malaysia's exports to India by 1.3 times, or 12 billion dollars, by 2012.
The talks would aim for a comprehensive bilateral FTA covering trade in goods and services, investments and economic co-operation, the New Straits Times newspaper reported her saying.