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Forwarded from CA Notes & Updates : Commerce Updates
Word of the Day
Free Trade Agreement (FTA)
It is a deal between two or more countries to make trade easier
Under an FTA, countries reduce or remove tariffs, quotas, or other barriers on the goods and services that are traded with each other.
The goal is to boost trade, and make products cheaper for consumers by increasing competition. FTAs can also be an indicator of good political relations between the countries.
Example: India has FTAs with countries like Japan, UAE, and the ASEAN nations. On 1 Oct 2025, India’s FTA with the European Free Trade Association came into force.
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✪ ➻ www.tg-me.com/canotes_ipcc
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✪ ➻ www.tg-me.com/canotes_final
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✪➻ @canotes_foundation
┕━━━━━═░◈░═━━━━┙
Free Trade Agreement (FTA)
It is a deal between two or more countries to make trade easier
Under an FTA, countries reduce or remove tariffs, quotas, or other barriers on the goods and services that are traded with each other.
The goal is to boost trade, and make products cheaper for consumers by increasing competition. FTAs can also be an indicator of good political relations between the countries.
Example: India has FTAs with countries like Japan, UAE, and the ASEAN nations. On 1 Oct 2025, India’s FTA with the European Free Trade Association came into force.
◈◉◎┄┅══❂❣️❂══┅┄◎◉◈
┍━━━━━═░★░═━━━━┑
✪ ➻ https://www.tg-me.com/canotes
ℑoin us 🔜
✪ ➻ www.tg-me.com/canotes_ipcc
ℑoin us 🔜
✪ ➻ www.tg-me.com/canotes_final
ℑoin us 🔜
✪➻ @canotes_foundation
┕━━━━━═░◈░═━━━━┙
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Forwarded from CA Notes & Updates : Commerce Updates
Results expected date 3rd nov as per CCMs
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