Boosting ‘Make in India’! How India is working with Asean to review trade pact to spur domestic manufacturing

India is examining its trade agreement with Asean to rectify discrepancies hindering domestic manufacturing. The review focuses on import duties, rules of origin, and non-tariff barriers to address an inverted duty structure. Concerns arise over the rising trade deficit with Asean.

Boosting ‘Make in India’! How India is working with Asean to review trade pact to spur domestic manufacturing
India is examining its trade agreement with Asean to rectify discrepancies hindering domestic manufacturing. The review focuses on import duties, rules of origin, and non-tariff barriers to address an inverted duty structure. Concerns arise over the rising trade deficit with Asean.