The commerce ministry on Tuesday notified duty rate quotas (TRQs) and procedure for imports from Mauritius for certain items, including pineapple, malt beer, rum, under the India-Mauritius Free Trade Agreement.
The commerce ministry on Tuesday notified duty rate quotas (TRQs) and procedure for imports from Mauritius for certain items, including pineapple, malt beer, rum, under the India-Mauritius Free Trade Agreement. The India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) is a kind of free trade agreement that came into effect from April 1. 310 export items for India have been included in this agreement.
These include food and beverages, agricultural products, textile and textile goods, basic metals, electrical and electronic goods, plastics and chemicals, and wood. On the other hand, Mauritius has been given preferential market access to 615 of its products in India under this agreement. These include chilled fish, certain types of sugar, biscuits, fresh fruits, juices, mineral water, beer, alcoholic drinks, soaps, medical and surgical instruments and apparel, etc. The Directorate General of Foreign Trade (DGFT) said in a public notice, “The TRQ for the goods under the India-Mauritius CECPA… and the procedure for such imports has been notified.”
The items which are allowed to be imported under TRQ include Pineapple – 1000 tonnes with 30 per cent duty, 250 tonnes of litchi with 10 per cent duty, Tuna seven thousand tonnes at zero duty, 20 lakh liters of malt made beer at 25 per cent duty, Rum at zero duty comprises 15 lakh liters. The DGFT has said that the application should also be accompanied by a pre-purchase agreement with the eligible Mauritius exporter of the specified goods.
The Great Writer and The Passionate Poet As Well, He Graduated from University Of Florida in Journalism and Brad have around 12 years of experience in news and media section.