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Duty concession on gold will be major concern for India under proposed FTA with Peru: GTRI

Economic think tank Global Trade Research Initiative (GTRI) said that gold, a high-value product with low volume, attracts a 10 per cent basic customs duty in India, and even minor tariff concessions could lead to a significant increase in imports. ....

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Duty Concession on Gold Will Be Major Concern for India Under Proposed FTA with Peru: GTRI

In such pacts, two trading partners either significantly reduce or eliminate customs duties on the maximum number of goods traded between them, besides easing norms to promote trade in services ....

United States , New Delhi , Ajay Srivastava , Global Trade Research Initiative , World Trade Organization Article , Andean Community Bolivia , Pacific Alliance Chile , South American , World Trade Organization , Pacific Alliance , Andean Community , Uty Concession ,

India peru FTA: Duty concession on gold will be major concern for India under proposed FTA with Peru: GTRI

India and Peru are negotiating a free trade agreement to promote bilateral trade and investments between the two countries. The Global Trade Research Initiative (GTRI) has highlighted the challenge of duty concessions on gold, which accounts for 80% of India s imports from Peru. Gold, a high-value product with low volume, attracts a 10% basic customs duty in India, and even minor tariff concessions could lead to a significant increase in imports. The next round of talks is expected to start in Lima, Peru. ....

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Duty concession on gold major concern in FTA with Peru: GTRI

Duty concessions on gold, which accounts for 80 per cent of India’s imports from Peru, is the most challenging issue for New Delhi under the proposed free trade agreement with the South American nation, a report said on Sunday.

Economic think tank Global Trade Research Initiative (GTRI) said ....

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Peru's President attacked by indigenous women

Peruvian President Dina Boluarte was attacked this weekend by a group of indigenous women who wanted her to step down and call for fresh elections and a Constitutional Assembly, among other measures, it was reported from Lima. ....

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