India might take two-tier approach in goods trade under RCEP

16-Jul-2015 # ActEast Source: Business Standard

During an inter-ministerial session on Regional Comprehensive Economic Partnership (RCEP) in Kuala Lumpur, India offered around 75-80 tariff lines for duty cuts, for countries with which it has FTA such as Singapore, Malaysia, Japan and Korea, while for countries like China, Australia and New Zealand, among others, it is likely to offer 40-50 tariff lines for duty cuts.

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