'India must boost certification, buyer networks to gain from UK FTA'
India, July 12 -- The India-UK free trade agreement opens market access but does not automatically translate into higher exports, and the country must strengthen standards, certification, logistics and buyer linkages to realise its full benefits, economic think tank GTRI said on Saturday.
The India-UK Comprehensive Economic and Trade Agreement (CETA) will come into force from July 15.
"Without parallel work on standards, certification, logistics, regulatory approvals and buyer networks, much of the opportunity will remain on paper. The agreement opens the door; India must now convert access into exports," the Global Trade Research Initiative (GTRI) said.
Citing example, GTRI Founder Ajay Srivastava said while food exporters need better...
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