Japan-India Comprehensive Economic Partnership Agreement (JICEPA)

Country / jurisdiction: Japan · Year: 2011 · Status: In force · Level: International · Type: Voluntary

The Japan-India Comprehensive Economic Partnership Agreement (JICEPA) is a bilateral trade agreement which was signed 16 February 2011 and came into force on 1 August 2011.

The agreement ratifies base tariffs in a broad number of sectors, including the energy products and their components:

Electric motors, turbines and generators;

Mechanical equipment including pumps, appliances, and other advanced machinery;

Electric accumulators, transformers, capacitors, batteries; Motor vehicles;

Mineral ore, slag and ash;

Mineral fuels, oils and other products;

Metals and their articles e.g. iron and steel;

Semiconductors devices and photovoltaic cells;

Rules of origin applies and qualify good that is wholly produced in the parties' territories, or non-originating good provided that the good has a qualifying value content of not less than 35 percent; and/or all non-originating materials used in the production of the good have undergone in the Party a change in tariff classification at the six-digit level of the Harmonized System.

Official source: https://commerce.gov.in/international-trade/trade-agreements/india-japan-cepa/