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    <title>Concessions and Benefits under Trade Agreements</title>
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    <description>Tariff concessions under the fourth round of APTA grant margin of preference to specified tariff lines including sensitive items such as railway locomotives, nuclear plant components and aircraft; the Union Cabinet approved the exchange for implementation at the next Ministerial Council. Free trade agreements preserve sensitive/negative lists to limit concessions on protected items and retain remedial measures including anti dumping and safeguards to address import surges and injury to domestic industry.</description>
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