Practical export-import articles from the iiiEM expert team.
India’s Free Trade Agreements (FTA) An FTA is a legally binding pact that creates a free-trade area where member countries agree to give preferential treatment to each other’s goods and services compared to those from countries outside the agreement. The Core Mechanism: Eliminating Trade Barriers The most significant aspect of an FTA is the removal… Read More »
India – U.K. Free Trade Agreement India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), a bilateral free trade agreement marking a major milestone in their longstanding partnership. The agreement was signed by Commerce and Industry Minister of India and UK Secretary of State for Business and Trade in the… Read More »
The India-EFTA (Switzerland, Norway, Liechtenstein, Iceland) Trade and Economic Partnership Agreement (TEPA) grants access to almost 95% of Swiss exports to India with customs relief. The TEPA agreement was signed on March 10, 2024, after 16 years of negotiation. Likely date of implementation is September 2025. Strategic Significance of TEPA India’s Goals: A reciprocal model—market… Read More »
On May 9, 2025, India and the United Kingdom finalized a landmark Free Trade Agreement (FTA) after over three years of negotiations. This agreement is poised to reshape trade dynamics between the two nations and has significant implications for various industries. India – UK have been in bilateral trade for years now. India is a… Read More »
Free Trade Agreement is an agreement which allows businesses to conduct easy business transactions with partner countries. It is an agreement which allows a partner country to conduct business with certain benefits like free from tax, tariffs, and inclusion of subsidies, and other prohibitions. Free Trade Agreements impact various stakeholders, like importers, exporters, and governments.… Read More »
What Is Most Favored Nation (MFN)? Import Duty Calculation for Indian Exporters When an Indian exporter receives an order from an international buyer, one important question is: How much import duty will the buyer pay in their country? The answer depends on several factors, including the product’s HS code, the importing country’s customs tariff, the… Read More »
India Oman Trade Agreement This is Oman’s first FTA in nearly two decades. This agreement is India’s second comprehensive Gulf FTA, after the UAE (2022). India’s has signed six free trade pact in the past five years, following deals with Mauritius, the UAE, Australia, the EFTA bloc and the UK. India – Oman has a… Read More »
India has steadily expanded its global trade partnerships to strengthen economic growth, create jobs, and enhance its global standing. After signing six Free Trade Agreements in the last five years, the latest being with Oman this month, India and New Zealand have just concluded negotiations for a forward-looking FTA, marking a historic milestone in bilateral… Read More »
India – Oman Comprehensive Economic Cooperative Agreement (FTA) India and Oman share a long-standing and trusted relationship rooted in centuries of maritime trade and cultural exchange across the Indian Ocean. Oman holds strategic importance for India due to its location near the Strait of Hormuz, making it a key gateway to the Gulf, Africa, and… Read More »
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