MICECA is a comprehensive agreement covering trade in goods, trade in services, investment and transport of natural persons. It enhances the benefits of the ASEAN-India Agreement on Trade in Goods (AITIG) and will further facilitate and improve reciprocal trade, services, investment and economic relations in general. it must be produced entirely from the country of origin; OR MICECA also contains a separate chapter that facilitates the temporary entry into India of installers and service providers, contractual service providers, independent professionals and trade visitors (including potential investors) from Malaysia and vice versa. The main text of the agreement can be consulted via this MICECA agreement link. Under MICECA, Malaysia has secured better concessions for palm oil and palm oil products: qualifing value content of at least 35% of the FOB value. Exports fell 7.0% to $7.13 billion (RM29.44 billion) from $8.12 billion (RM31.67 billion) in 2015. Products on India`s exclusion list (EL) are not eligible for a reduction or elimination of duties in accordance with MICECA. The Indian importer should pay the duty on the basis of the current lowest rate of pay. For questions related to preferential certificates of origin/rules of origin, please contact: under MICECA, Malaysia and India will gradually reduce or eliminate tariffs on their respective industrial and agricultural products.