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EU suspends export benefits to sectors like textiles, plastics for India

EU suspends export benefits to sectors like textiles, plastics for India

GSP concessions allowed Indian exporters to ship at less than MFN (most favoured nation) tariffs to EU markets. Now, concessions are suspended for 87 per cent value of Indian goods to the EU. Photograph: Amit Dave/Reuters Key Points Only about

India-EU FTA: Textiles, pharma, engg to get major boost

India-EU FTA: Textiles, pharma, engg to get major boost

Textiles, pharmaceuticals, chemicals, engineering goods, gems and jewellery exports will receive a boost from the free trade agreement between India and the 27-nation European Union, according to exporters. Photograph: Yves Herman/Reuters The conclusion of negotiations for the agreement is likely