INDIA: Indian drinks tariff reduction plea thrown out

By Chris Brook-Carter | 22 November 2000

The director general of foreign trade in India has turned down the pleas of the international drinks companies and the efforts of the European Union to advance the date for removal of the quantitative restrictions and a reduction of import tariffs on liquor products. The director general NL Lakhanpal disclosed yesterday that his office would adhere to the March 31, 2001 deadline and continue with the present tariff of 210%.

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The director general of foreign trade in India has turned down the pleas of the international drinks companies and the efforts of the European Union to advance the date for removal of the quantitative restrictions and a reduction of import tariffs on liquor products. The director general NL Lakhanpal disclosed yesterday that his office would adhere to the March 31, 2001 deadline and continue with the present tariff of 210%.

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