EU to end duty benefits for 1,800 goods under Generalised Tariff Preference Scheme

Exports of almost 1,800 products of plastics, fur, stone, plaster, cement, asbestos, and machinery and mechanical appliances will cease to get the benefits and make Indian goods more expensive with exporters paying 6.5% duty for certain plastic products where the tariff is nil at present. Their exports to the EU in 2021 were $7.9 billion.

from Economy-News-Economic Times https://ift.tt/uxWC3U0
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