Gold imports from UAE fall to a two-decade low despite pact
Hindustan Times|June 30, 2023
Gold shipments from the United Arab Emirates (UAE) have nearly halved from the previous year to a two-decade low in the year ended March 31, 2023 despite the concessional duty offered under the bilateral comprehensive trade pact that came into force in May last year.
- Dilasha Seth & Rhik Kundu
Gold imports from UAE fall to a two-decade low despite pact

Under the India-UAE free-trade pact, a concessional tariff is applicable on the first 120 tonnes of gold imports in the first year, referred to as the tariff rate quota (TRQ).

In FY23, India imported only about 52.81 tonnes of gold from Abu Dhabi, one of the seven emirates that constitute the UAE, the data showed. That is 47% lower than 99.86 tonnes imported during the previous year. It is also the lowest annual gold import from the UAE since FY03, when it was 18 tonnes.

この蚘事は Hindustan Times の June 30, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Hindustan Times の June 30, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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