India is seeking greater market access for specific products like steel, rice, and shrimp in negotiations with South Korea for the upgradation of their existing free trade agreement, officially known as the Comprehensive Economic Partnership Agreement (CEPA). India has raised concerns about Korean firms not purchasing Indian steel and is demanding better market access for these products. The negotiations cover various sectors, including auto components and chemicals. South Korea has an import duty of 513% on rice and 5% on shrimp.
from Economy-News-Economic Times https://ift.tt/aYizkcM
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