Studies in impact of India's Tariffs on UK-India Trade

The World Trade Organization estimates that India's simple average applied most favoured nation import tariffs are 17.1 percent the highest of any major economy. These present a significant barrier to UK companies looking to export to the Indian market. In order to gain a more detailed picture a detailed statistical analysis is needed to provide a full picture of the economic impact to both India and the UK of the existing Indian tariff structure. It should identify specific tariff lines that, if reduced, would be the most mutually beneficial to both economies. The study should also consider existing precedents and case studies of tariff reductions offered by India (or comparable countries) …

Read all of it on Contracts Finder →