No plans to amend FTA with ASEAN to check surge in gold jewellery imports

India is unlikely to tinker with its free trade agreement (FTA) with the 10-member Association of South East Asian Nations (ASEAN) to curb the sharp increase in import of gold jewellery from the region, particularly Indonesia. The Commerce Ministry, which has been alerted by the Revenue Department about the sudden spurt in gold jewellery imports at preferential duties through the FTA....Read More