Home» Circulars» India Korea Cepa Up Gradation Stakeholder Meeting On 22.01.2019

 

 

Dear Members,   This is in continuation of our recent circulars regarding the ongoing negotiations for upgrading India-Korea CEPA.   We have now received communication from the Under Secretary, FT (NEA) Division, Department of Commerce  informing us that the Indian side has to provide a limited priority request list for tariff concessions to Korea as next step in negotiations.    Based on available trade statistics,  total of 59 tariff lines have been identified by DoC  in which there is potential to increase exports to Korea if tariff concessions are available to Indian exporters (list attached).   It has been decided to hold stakeholder consultations on these lines to assess the true export potential and finalise the priority request list of India. The meeting will be held on 22/01/2019  at Udyog Bhawan New Delhi and will be chaired by Shri Sanjay Chadha, Additional Secretary, Department of Commerce.   Therefore, members are requested to kindly go through the list and revert with  Comments on the tariff lines of interest along-with  details of  domestic production, exportable surplus, potential for increasing production etc .    Your timely comments  will be appreciated and be sent to  the council latest by 18/01/2019  on  e-mail  id’s:-  ed@chemexcil.gov.in,  deepak.gupta@chemexcil.gov.in &  rodelhi@chemexcil.gov.in  so that the same could be put forth to the ministry for deliberations during the said meeting.   Thanking You,   Yours faithfully,     (S. G. Bharadi) Executive Director CHEMEXCIL Priority request 59 lines