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Govt may seek flexibility in tariff concessions under FTA review with Asean

Business Standard LogoBusiness Standard1w ago

Govt may seek flexibility in tariff concessions under FTA review with Asean - Business Standard

Quick Summary:

India may seek flexibility in the existing tariff concessions in sectors which are impacted by significant increase in imports, under the free trade agreement (FTA) review with the 10-nation Association of Southeast Asian Nations (ASEAN), an official said.

"We may seek some flexibility in the tariff (or customs duty) concessions that have been given in the agreement.

Some of the concessions can be taken back and can be given somewhere else because in some sectors we feel our domestic industry is badly getting hurt.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 17:15:36 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23570310

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 197 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/govt-may-seek-flexibility-in-17314996539390

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