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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), …
Read MoreWhy in the news? Underpriced Indian onion exports to UAE amid a ban raise concerns about pricing fairness and windfall profits for importers. Source:medium Understanding the Traders’ Concerns Over Onion Exports to UAE: Underpriced Exports: Amid a ban on onion exports, the Indian government permitted shipments to the UAE. Traders allege that the selling price …
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