A TRQ allows a lower tariff rate on imports of a given product up to a specified quantity. New Delhi is said to be considering a concessional tariff of 30 percent on
India’s Defence Minister Rajnath Singh and Rishi Sunak agreed on the need for the two nations to work together in trade, defence and technology sectors…reports Asian Lite News Union Defence Minister Rajnath
Ahmad is also slated to visit Ahmedabad and attend Vibrant Gujarat, an innovation-focused summit, the British High Commission said in a statement…reports Asian Lite News British High Commissioner to India Alex Ellis
According to the government, India-UK free trade agreement talks completed 13 rounds of negotiations that took place from 18 September to 15 December…reports Asian Lite News The 14th and the final round
In April last year, the two sides had set a Diwali deadline for concluding the free trade agreement but the deal could not be finalised in view of differences over certain issues
India and the UK launched the talks for a free-trade agreement (FTA) in January 2022, to conclude talks by Diwali (October 24, 2022), but the deadline was missed due to political developments
Norway Trade Minister Vestre informed that he is happy with the progress on the free trade agreement between India and four European countries…reports Asian Lite News European Free Trade Association member countries
Oman’s import duties currently range from 0 to 100%, with specific duties of 100% applicable to certain meats, wines, and tobacco products…reports Asian Lite News A comprehensive free trade agreement between India
McCole also said that the bilateral investment treaty between the two countries will help investments from the UK to India rise and vice-versa…reports Asian Lite News UK-India Business Council (UKIBC), a trade
It also prohibits the use of terms like ‘kind’, ‘style’, and ‘type’ for products that fall under this protection. Currently, this higher level of protection is exclusive to wines and spirits…reports Asian