REAFFIRMING the rights, obligations and obligations of the parties concerned within the framework of the World Trade Organization (WTO) and other multilateral, regional and bilateral agreements and arrangements; and the Comprehensive Economic Cooperation Agreement between India and Malaysia (ECSC) will enter into force on 1 July 2011. The In india-Malaysia ECSC is India`s fourth bilateral comprehensive economic cooperation agreement after Singapore, South Korea and Japan. The ECSC provides for the liberalization of trade in goods, services, investment and other areas of economic cooperation. As part of the ECSC service agreement, India and Malaysia have provided economically viable commitments in transport sectors and modes, which are expected to lead to increased trade in services. The ECSC also facilitates the temporary free movement of businessmen, including contract service providers, and independent professionals in economically viable sectors such as accounting and auditing, architecture, urban planning, engineering, medicine and dentistry, nursing and pharmaceuticals, computers and related services (SIR) and management consulting services. In 1992, India became an ASEAN sectoral dialogue partner and India saw its trade with ASEAN increase relative to its trade with the rest of the world. Between 1993 and 2003, bilateral trade between ASEAN and India increased by 11.2% per year, from $2.9 billion in 1993 to $12.1 billion in 2003. [7] Much of India`s trade with ASEAN is directed to Singapore, Malaysia and Thailand, with which India has close economic relations. [6] RESER THE different stages of economic development between ASEAN Member States and the need for flexibility, including the need to facilitate the increasing participation of Cambodia, Latin PDR, Myanmar and Vietnam (the new ASEAN Member States) in ASEAN-India economic cooperation and export expansion , including strengthening their national capacity, efficiency and competitiveness; The parties agree to engage in negotiations to create an ASEAN-India Regional Trade and Investment Area (RTIA), including a free trade area for goods, services and investment, and to strengthen and strengthen economic cooperation through the ASEAN-India Free Trade Area (AIFTA) between the ten member states of the Association of Southeast Asian Nations (ASEAN) and India.