A proposed comprehensive free trade agreement (FTA) between India and Peru covering goods, services and investments may not only raise India’s export volumes to the western South American nation but also the latter’s various preferential trade partners. The share of India’s merchandise exports to Latin America was barely 2.9% of the country’s total goods exports in 2015-16, down from 3.7% in the previous fiscal.
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Topics: NON-TARIFF BARRIERS BILATERAL INTEGRATION SANITARY AND PHYTOSANITARY STANDARDS (SPS)
Authors: THE FINANCIAL EXPRESS