Nepal’s Rs146 billion edible oil exports to India under scrutiny over tariff advantage
AI Summary
Nepal's edible oil exports to India, worth Rs146 billion, face scrutiny over tariff advantages. Indian refiners argue that the surge in exports is driven by tariff arbitrage rather than genuine domestic value addition, urging New Delhi to impose restrictions on duty-free imports from Nepal.
Experts say the export surge is driven by tariff arbitrage rather than genuine domestic value addition, while Indian edible oil refiners urge New Delhi to curb duty-free imports from Nepal.
Politics Markets Commodities Nepal edible oil exports India tariff tariff arbitrage Indian refiners trade scrutiny duty-free imports