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18Jun 2024

NEARLY 60 TIMES JUMP IN SILVER IMPORT FORM UAE UNUSUAL

Why in News ? Silver imports from the UAE to India surged by 5,853% from $29.2 million in FY23 to $1.74 billion in FY24, despite the UAE not being a producer of silver. About the News Rule of Origin Concerns: The spike suggests possible rule of origin violations under the India-UAE free trade agreement (FTA), …

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