Tag: India-UAE agreement
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India-UAE agreement not to impact steel trade
The recently-inked India-UAE Comprehensive Economic Partnership Agreement (CEPA) is not likely to have any significant impact on the steel trade between both countries, SteelMint understands. Flat steel products attract an import duty of 5% in UAE. But if these are imported by large importers or end-users then there is an exemption of this duty. Thus,…