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FTAs less understood, more feared: DGFT Director

Jayarama Emani | The Dollar Business “In an era where tariff barriers are coming down and bilateral among nations is on the rise, it is important to know the importance of Free Trade Agreement(s),” said Sanjeet Singh, Director, Department of Commerce, Ministry of Commerce and Industry, Government of India. Speaking at a seminar on “India’s Engagement with Free Trade Agreements: Opportunities and Challenges” today in Hyderabad, Singh said since India is allowing imports to come in through FTA’s, they provide good opportunity to import raw materials and capital goods that improve manufacturing and help India export better. Talking on similar lines, another Director from DGFT, Ms Anuradha Guru said, “Whether we like it or not, India is now part ...