Dumping of Vietnamese pepper in India Flashcards
1
Q
What & how is it happening?
A
The dumping of Vietnamese pepper in India is happening via Nepal and Sri Lanka
2
Q
What are the various agreements in relation to this?
A
Sri Lanka and Nepal have lower custom duties on their pepper exports to India.
Under the FTA, Sri Lanka can export up to 2,500 tonnes per year at zero duty to India, while the duty is 8% under the SAARC Agreement and 50% under the ASEAN Pact.
3
Q
What is FTA?
A
Done in static
