Gold, silver import surges 210% in 2023-24 from UAE; need duty revision in FTA: GTRI

June 17, 2024 admin

“While India’s total imports from the UAE fell 9.8% from $53.2 billion in FY23 to $48 billion in FY24, imports of gold and silver skyrocketed 210%, from $3.5 billion to $10.7 billion,” GTRI report said. | Photo Credit: Reuters “India’s gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210%…

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High import duties; resisting pressure to open agricultural sector important to ensure India’s food security: GTRI

January 1, 2024 admin

Maintaining high import duties on sensitive agricultural commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its population, a report said on January 1. Economic think tank GTRI (Global Trade Research Initiative) in its report said that…

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