India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh
The Economic Times has reported a new India-focused policy development: “India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh.” The publisher's feed describes the story as follows: The India-EU free trade agreement will allow European automakers to export 1 lakh passenger vehicles annually at concessional duties initially, rising to 1.6 lakh from the 10th year. The pact also offers tariff concessions on electric vehicles, wines, pork, apples, kiwifruit, pears and pea
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