India outpaces China, EU in duty-free access as WTO credits India’s DFTP scheme for boosting exports from poorest nation

India outpaces China, EU in duty-free access as WTO credits India’s DFTP scheme for boosting exports from poorest nation

This wide coverage benefits key export sectors for least developed countries (LDCs)—such as coffee, tea, leather, textiles and processed food—helping these economies integrate more effectively into global value chains. According to the WTO secretariat’s latest report, Market Access for Products and Services of Export Interest to Least Developed Countries, India’s Duty-Free Tariff Preference (DFTP) Scheme…

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Chinese ambassador to India Xu Feihong and US President Donald Trumo. (File Photo:X/Reuters)

China envoy to India slams Trump over tariffs

India received support from unlikely quarters amid Donald Trump’s aggressive tariff moves after Chinese ambassador Xu Feihong called the US a “bully” as it doubled the tariffs on New Delhi to 50%. “Give the bully an inch, he will take a mile,” Xu said, pointedly criticising the White House without naming Trump. The remark is…

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