India-UK FTA to Include Co-Equal Origin Provision; Product-Specific Norms to Offer Flexibility

The draft India–UK Free Trade Agreement (FTA) has introduced a “coequal” rule or product-specific origin norms to offer greater flexibility to specific goods, said people aware of the matter. The rule will allow the producer of a good to meet any of the criteria of origin to claim benefits under the FTA. The origin rules are vital for checking any circumvention of the trade agreement rules and the flow of substandard imports into India.

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