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India unlikely to agree delinking GI for basmati rice from FTA with EU 

Concerns over recognising Pakistan’s application for GI tag likely to complicate talks. By Subramani Ra Mancombu India will likely not accept any proposal from the European Union to decouple the issue of the protected Geographical Indication (GI) tag for basmati rice from the purview of the Indo-EU free trade agreement (FTA), say analysts. “Recent reports […]

Trunmped: Indian basmati may lose out to Pak, as 25% tariff gives neighbour 6% edge

Yudhvir Rana Amritsar: US President Donald Trump’s 25% tariff on all things Indian has dealt a double blow to Indian basmati exporters. Not only does it give Pakistan basmati a 6% tariff advantage, but it also comes at a time when the India-UK Free Trade Agreement talks offered no relief for basmati. US tariff on […]

UK-India FTA: UK will have to wait at least half a decade for most tariff lines to go zero

57% of negotiated product lines to become tariff-free only after 2030; cosmetics, silver bars, and medicines among delayed categories. Ishaan Gera The recently concluded free trade agreement between India and the United Kingdom is unlikely to offer immediate gains for British exporters, with more than half of all tariff reductions delayed beyond 2030, a Moneycontrol […]

India-UK FTA: From Basmati Rice To Whisky — Here’s What Gets Cheaper

In India, prices are set to fall on popular British imports such as Scotch whisky, cars, cosmetics, medical devices, chocolates, soft drinks, and biscuits. NDTV Profit Desk India and the United Kingdom on Thursday signed a landmark Free Trade Agreement, officially called the Comprehensive Economic and Trade Agreement, aimed at deepening economic ties and boosting […]