India excludes 1,157 products from ambit of free trade pact with UAE

India excludes 1,157 products from ambit of free trade pact with UAE

The product categories include jewellery (except for 2.5 tons quota for gold jewellery), plastics, scrap of aluminium and copper, most automobiles and automotive components, medical devices, dairy products, fruits, cereals, sugar, food preparations, tobacco products, dyes and pigments, natural rubber, tyres, and processed marble.







PTI









May 04, 2022 / 05:27 PM IST





Union Minister of Commerce and Industry Piyush Goyal signs the CEPA. The UAE delegation was led by Minister of Economy, Abdulla bin Touq Al Marri and Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi. (PC-PIB)



India has kept out as many as 1,157 products, including TVs, picture tubes, soaps, toys, footwear, instant coffee, sharbat, and petroleum waxes, from the ambit of its free trade agreement with UAE.

The pact came into force on May 1.

Given the sensitivities of these products for the domestic industry, India will not provide any kind of customs duty concessions on the 1,157 goods under the the India-UAE Comprehensive Economic Partnership Agreement (CEPA), according to FAQs prepared by the commerce ministry on the pact.

The product categories include jewellery (except for 2.5 tons quota for gold jewellery), plastics, scrap of aluminium and copper,