https://www.taxtmi.com/news?id=21658 India and ASEAN ministers reviewed RCEP negotiations, noting Indian flexibility and chapters nearing conclusion but expressing concern that prior FTAs led to disproportionate goods liberalisation without commensurate services access. The statement emphasises breaches of Rules of Origin, low utilisation of preferential tariffs due to standards and non tariff barriers, and calls for balancing tariff ambition with temporary and permanent exclusions and mechanisms to address persistent trade imbalances while securing binding services commitments. en-us Tue, 09 Jul 2019 18:41:51 +0530 Tue, 09 Jul 2019 18:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21658 India and ASEAN ministers reviewed RCEP negotiations, noting Indian flexibility and chapters nearing conclusion but expressing concern that prior FTAs led to disproportionate goods liberalisation without commensurate services access. The statement emphasises breaches of Rules of Origin, low utilisation of preferential tariffs due to standards and non tariff barriers, and calls for balancing tariff ambition with temporary and permanent exclusions and mechanisms to address persistent trade imbalances while securing binding services commitments. News - Tue, 09 Jul 2019 18:41:51 +0530 https://www.taxtmi.com/news?id=21658