India-EU FTA Allows European Carmakers To Export 1.6 Lakh Cars Annually At Lower Duties
The India-European Union free trade agreement (FTA) will provide European automobile manufacturers with a phased tariff advantage for vehicle exports to India. Under the proposed pact, EU-origin passenger vehicles will be eligible for concessional import duties, with the annual quota increasing gradually over time, PTI reported. The agreement allows European carmakers to initially ship up to 1…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
