India is seeking a review of specific provisions in its free trade agreement (CEPA) with the UAE, which began on May 1, 2022. Commerce Secretary Sunil Barthwal indicated ongoing discussions about value addition norms and customs duty reductions. The UAE is India's third-largest trading partner, with $83.65 billion in bilateral trade for 2023-24. Concerns have been raised over increased imports of precious metals from the UAE, potentially leading to revenue losses and tariff evasion. India is also engaged in trade talks with Australia, the UK, and the EU, focusing on expanding and refining trade agreements. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
