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India–UK FTA: Coequal norms to ease exports; safeguards added to curb misuse
The India-UK Free Trade Agreement features a new 'coequal' rule. This rule impacts product origin norms. It provides producers more flexibility. It also ensures stricter checks against tariff concession misuse. The agreement includes digital exchange of origin certificates. This will streamline processes. India anticipates zero-duty access for 99% of its exports to the UK.
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