3 Indian & AP Economy and Planning · 3.3.1 External sector

3.3.1.7 Trade remedies and regional trade agreements: anti-dumping, FTAs, CEPAs and customs unions

Trade remedies protect domestic industry from unfair or sudden imports, while FTAs and regional blocs lower tariffs among partners; India recently concluded or signed major agreements with the UAE, Australia, EFTA, the UK and the EU.

  • APPSC Group 1
  • Advanced level
  • 7 min read
  • Full course

Key terms

  • anti-dumping
  • countervailing duty
  • safeguard duty
  • DGTR
  • FTA
  • CEPA
  • CECA
  • customs union
  • RCEP
  • India-UAE CEPA
  • India-UK CETA
  • India-EFTA TEPA
  • India-EU FTA

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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