High tariffs among reasons behind weak exports, says GTRI
The tariff discrepancy was among the factors why India's three key Free Trade Agreements (FTAs) with ASEAN, South Korea, and Japan were not successful as per the think tank which resulted in India's merchandise trade deficit with these partners increased significantly more than its global trade deficit.
South Korea Free Trade Agreements High Tariffs In India Ndia Weak Exports Ta Partner Countries Global Trade Research Initiative
Source: indianexpress.com