Impact of Trade Agreements

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..... Impact of Trade Agreements
News and Press Release
Dated:- 2-1-2019

Some industry associations including those relating to steel have expressed concerns on imports under bilateral free tr .....

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..... ade agreements with Japan, Korea and ASEAN. However, steel imports from these countries include high grade steel, which are not manufactured domestically. The volume of trade, including both exports .....

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..... and imports with these countries has increased since the signing of the bilateral trade agreements. Notwithstanding a slight increase in trade deficit, the domestic industry has benefited from the tra .....

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..... de agreements due to cheaper import of raw materials and intermediates from these countries for stimulating value added domestic manufacturing. The trade agreements have adequate trade remedial provis .....

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..... ions for dealing with certain surges in imports that might threaten domestic industry. This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written repl .....

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..... y in the Lok Sabha.
News - Press release - PIB .....

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