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Tariff concessions to APTA members
July 5 , 2018
2363 days
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- India has agreed to provide tariff concessions on 3,142 products to Asia Pacific Trade Agreement (APTA) members, from July 1, 2018.
- APTA is an initiative under United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) for trade expansion through exchange of tariff concessions among developing country members of Asia Pacific Region.
- It is preferential trade agreement (PTA), under which basket of items as well as extent of tariff concessions are enlarged during trade negotiating rounds.
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