EU's dense web of non-tariff barriers often blunt impact of tariff cuts; FTA should fix this: GTRI
India urges the European Union to remove trade barriers for its products. This is crucial for the upcoming free trade agreement, expected soon. Non-tariff restrictions in agri and pharma sectors often reduce the benefits of lower tariffs. India also seeks clarity on carbon taxes and easier access for its services. Both sides are negotiating investment and geographical indicator pacts.
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