{"id":3412,"date":"2024-06-23T19:55:39","date_gmt":"2024-06-23T19:55:39","guid":{"rendered":"https:\/\/theuaeweekly.com\/gold-import-gold-silver-import-surges-210-pc-in-2023-24-from-uae-need-duty-revision-in-fta-gtri\/"},"modified":"2024-06-23T19:55:39","modified_gmt":"2024-06-23T19:55:39","slug":"gold-import-gold-silver-import-surges-210-pc-in-2023-24-from-uae-need-duty-revision-in-fta-gtri","status":"publish","type":"post","link":"https:\/\/theuaeweekly.com\/en\/gold-import-gold-silver-import-surges-210-pc-in-2023-24-from-uae-need-duty-revision-in-fta-gtri\/","title":{"rendered":"gold import: Gold, silver import surges 210 pc in 2023-24 from UAE; need duty revision in FTA: GTRI"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-apw=\"\">New Delhi: India&#8217;s gold and silver imports from its free <a class=\"artInLink\" target=\"_blank\" href=\"https:\/\/m.economictimes.com\/definition\/trade\" data-vars-ga-label=\"https:\/\/m.economictimes.com\/definition\/trade\" rel=\"noopener\">trade<\/a> agreement (FTA) partner UAE have skyrocketed 210 per cent to USD 10.7 billion in 2023-24 and there is a need to potentially revise the concessional <a class=\"artInLink\" target=\"_blank\" href=\"https:\/\/m.economictimes.com\/definition\/customs-duty\" data-vars-ga-label=\"https:\/\/m.economictimes.com\/definition\/customs-duty\" rel=\"noopener\">customs duty<\/a> rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under&#8230;<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/m.economictimes.com\/news\/economy\/foreign-trade\/gold-silver-import-surges-210-pc-in-2023-24-from-uae-need-duty-revision-in-fta-gtri\/amp_articleshow\/111051171.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: India&#8217;s gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to USD 10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,117],"tags":[],"class_list":["post-3412","post","type-post","status-publish","format-standard","hentry","category-import-and-export-en","category-import-and-export-ar"],"_links":{"self":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts\/3412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/comments?post=3412"}],"version-history":[{"count":0,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts\/3412\/revisions"}],"wp:attachment":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/media?parent=3412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/categories?post=3412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/tags?post=3412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}