Sunday, June 28, 2020

India may step up scrutiny of imports from Chinese cos in Asean countries

The government has also sounded out industry and importers to identify such shipments that abuse the FTA as it contemplates actions such as enhanced checks on country of origin certificates by customs authorities. The FTA with Asean allows lower tariffs on most manufactured goods. India is seeking to lower its dependence on imports & looking for ways in which it can reduce trade and business ties with China.

from Economy-News-Economic Times https://ift.tt/3eCLIAx

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