We must look to leverage FTAs with countries having transparent trading mechanisms: Piyush Goyal

We must look to leverage FTAs with countries having transparent trading mechanisms: Piyush Goyal

Free trade agreements are good for the nation and India must look to leverage these pacts with countries having transparent trading mechanisms and business systems, Commerce and Industry Minister Piyush Goyal said on Saturday. He said India should focus its energy on FTAs initially with developed countries that are looking for market access in the … Read more

Customs authorities to monitor imports under FTAs to curb duty evasion

Customs authorities to monitor imports under FTAs to curb duty evasion

Benefits of duty waiver may be denied to importers of mobile phones, white goods, set-top box, agarbatti, camera and other electronic products if misuse of free trade agreements (FTAs) is found during verification based on rules of origin. Customs authorities would be closely watching imports of these products coming from countries with which India has … Read more