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India miffed over Indonesia move to extend duties on ceramic tiles

By Economic Times - 12 hours ago
Indonesia plans to extend the duties by two years till November 2026, a move that may further hurt India's exports of the product to the island nation. The safeguard duties were first imposed in 2018 and India's exports of ceramic products to Indonesia have declined 65% between FY20 and FY24. "The result of the consultations was inconclusive. India reserves its right to request compensation as per the WTO Agreement on Safeguards," said an official.

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