UP exports up

and we are looking at those which are being used frequently, especially by developed countries. The idea is to check circumvention and cheap imports,”saidanofficial.

Conditions such as minimal operations, de-minimise or tolerance, accumulation, accounting segregation, transitional arrangements and absorption or roll over principles are being considered, some of which are alreadyinIndia’sFTAs.

Accounting segregation can be a criterion for products that are of the same kind, commercial quality, and technical and physical characteristics, and which cannot be distinguished from one another for origin purposes. The absorption or roll-up principle allows intermediate productstomaintaintheiroriginating status when they are used for subsequent manufacturing operations.