India notifies rules of origin for goods under India-UK trade deal from July 15

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India's Finance Ministry has released the official rules to determine which goods qualify for benefits under the India-UK Comprehensive Economic and Trade Agreement. The deal is scheduled to take effect on July 15 and will provide duty-free access to 99% of Indian exports to the United Kingdom. Key sectors expected to gain include textiles and engineering. To avail of tariff concessions, exporters will be required to furnish a certificate of origin. The requirement is aimed at maintaining the integrity of the agreement and preventing its misuse.

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