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India has indicated that it may revisit tariff concessions granted to British products, including Scotch whisky, if the United Kingdom does not address concerns regarding its proposed steel import restrictions. The issue has emerged as a key hurdle in implementing the India–UK Free Trade Agreement (FTA), which both countries expect to significantly boost bilateral trade.
Under the trade pact, India agreed to reduce import duties on Scotch whisky from 150% to 75% initially and eventually to 40% over a ten-year period. However, Indian officials have stated that these concessions could be reconsidered if Britain proceeds with tighter steel safeguard measures that may limit market access for Indian steel exporters. The UK’s proposed measures include lower tariff-free steel import quotas and higher duties on shipments exceeding those limits. India, along with several other countries, has already raised concerns about the restrictions at the World Trade Organization (WTO).
In addition to steel safeguards, discussions are also focusing on the UK’s planned Carbon Border Adjustment Mechanism (CBAM), which could affect exports of steel and other carbon-intensive products. Industry experts believe the outcome of these negotiations will play an important role in determining the future implementation of the India–UK trade agreement and bilateral steel trade flows.
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