Sail E0 Webinar
Question
What is the trade agreement expanded by the India - China recently?
Options:
A .  Preferential Trade Agreement(PTA)
B .  Security Agreement
C .  Cultural Agreement
D .  Water resource agreement
Answer: Option A


India and Chile will implement a bilateral expanded Preferential Trade Agreement (PTA) from May 16. The original PTA had a limited number of tariff lines, wherein both sides had extended tariff concessions to each other. The expanded PTA has a wider coverage of tariff concessions which covers around 96 percent of bilateral trade.



Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers