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India-Peru FTA: How will it impact textile trade?

18 Apr '24
87 min read
India and Peru FTA: How will it impact the textile trade
Pic: Adobe Stock

Insights

  • India and Peru have entered 8th round of FTA negotiations, aiming to broaden market access in Latin America, particularly benefitting textile industry.
  • India's exports, mainly cotton yarn, have faced challenges, including a trade deficit and non-tariff barriers imposed by Peru.
  • This FTA could potentially improve India's trade position by easing these barriers.
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