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FTAs leading to increased Imports and Exports

Budget - Dated:- 26-2-2016 - Since the mid- 2000s India s Free Trade Agreements have doubled to about 42 today. They have increased trade with FTA countries more than would have happened otherwise. Increased trade has been more on the import than exp .....

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rease in exports and 79 per cent increase in imports. The trade increases have been much greater with the ASEAN than other FTAs and they have been greater in certain industries, such as metals on the import side. On the export side, FTAs have led to .....

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ately equal to 50 per cent. India s increased trade with FTA countries is not due to diversion of imports from more efficient non- FTA countries. On the import side, a ten per cent reduction in FTA tariffs for metals and machinery increased imports b .....

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