EU FTA may aid labour-intensive exports

WHILE THE FREE trade agreement with EU is expected to open up duty-free access to a large number of products, it is essential to address carbon taxes and other regulatory issues during the negotiations so that these do not blunt the benefits of lower tariffs, according to a report.

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The FTA, which is being described as the “mother of all trade deals”, is nearing completion. Although Indian goods already face relatively low average tariffs in the EU — around 3.8% — labour-intensive exports suc