FTAs with UAE and Australia to boost exports: Anupriya Patel

Patel said Uttar Pradesh exporters can use these FTAs ​​as an instrument to promote outbound shipments./ Representative Image of Union Minister Anupriya Patel | Photo credit: @AnupriyaSPatel

Free trade agreements (FTAs) with the United Arab Emirates and Australia will help promote exports of goods such as apparel, engineered products, handicrafts, textiles and agri-food products, it said on Monday. Minister of State for Trade and Industry, Anupriya Patel.

The Department of Commerce organized a stakeholder outreach program on FTAs ​​for the exporting community in Agra.

Speaking at the event, she said the government is committed to making every effort to increase the country’s exports.

Patel said Uttar Pradesh exporters can use these FTAs ​​as an instrument to promote outbound shipments in areas such as garments, engineering, handicrafts, hand-woven textiles, agro-food and sporting goods.

Also speaking at the event, Sanjay Leekha, Chairman of the Leather Export Council (CLE), said that some of the pending demands, such as duty relief on imports of wet blue, crust and of finished leather, should be reviewed by the government.

FTAs with the UAE and Australia will help Indian leather and footwear exporters explore these markets in a big way, Leekha added.

Anant Swarup, joint secretary of the Department of Commerce, said duty-free access is one of the instruments that help make domestic exports competitive with competing countries like China, Bangladesh, Vietnam and Thailand.

“FTAs between India and the UAE and Australia have been signed to facilitate duty-free access for exporters,” he added.

Srikar K Reddy, co-secretary of the department, gave a detailed presentation on FTAs.

(With PTI inputs)

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