Navigating FTAs in India - Claiming duty benefits under the Regional Trade Agreements
India is poised to become one of the world’s next economic powers. In pursuit of this vision, the country has adopted a dual strategy of strengthening domestic capabilities while actively deepening international trade relationships. One of the key tools employed by India and by many nations navigating the complexity of global commerce is the use of Regional Trade Agreements (RTAs), which reduce or eliminate tariffs and other trade barriers. For India, RTAs have become instrumental in establishing stable and predictable trade partnerships amid global volatility. Notably, India ranks 10th globally in terms of RTA usage, following leaders such as the
