India-UK trade: Co-equal rule to aid claiming of benefits

The India-UK trade agreement brings a new ‘co-equal’ rule. This offers flexibility for goods like chemicals and steel. Producers can meet any origin criteria to benefit. These rules prevent FTA circumvention and substandard imports into India. This pact differs from earlier ones with simpler origin rules. Elaborate rules are created for the first time, though referenced in the Australia pact.

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