New Delhi, Sept. 17 -- The government is drawing up a calibrated strategy to boost shipments to key trade partners after noticing that exports haven't kept up with intent.
Although Indian exporters secured a record 721,000 certificates of origin in 2024-25, up from 685,000 in FY24, per government data, in some key markets exports declined.
A certificate of origin is critical for exporters as it authenticates goods shipped to countries with which India has a free trade agreement (FTA), allowing access to lower tariffs. However, trade experts say more CoOs do not guarantee higher exports, as factors such as competitiveness, non-tariff barriers, and demand conditions play a greater role.
The US's steep tariffs has also pushed policymakers...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.