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CAROTAR 2020 supplements the existing operational certification procedures prescribed under different trade agreements.
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, the Ministry said. ‘Protect local industry’ In her Budget speech, Finance Minister Nirmala Sitharaman had mentioned the need to protect domestic industry from misuse of free trade agreements. <span>CAROTAR 2020 supplements the existing operational certification procedures prescribed under different trade agreements. India has inked FTAs with several countries, including Japan, South Korea and ASEAN members. Under such agreements, two trading partners significantly reduce or eliminate import/customs


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