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    <title>India needs to bring down tariffs to ASEAN level: EAC-PM member Rakesh Mohan</title>
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    <description>India should lower import tariffs toward ASEAN levels to integrate into global supply chains, with a corresponding exchange rate adjustment to support exporters. It should pursue membership of large regional trade blocs like RCEP and CPTPP with appropriate safeguards. The policy on FDI from neighbouring land border countries currently requires government approval; the recommendation is to welcome Chinese investment and joint ventures in labour intensive industries while incentivising industry to target import markets such as China. Targeted fiscal support is advised for exporters affected by high external tariffs.</description>
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