India-EU free trade agreement boosts seafood exports: Duties to drop to zero
Indian seafood exporters anticipate a significant boost in trade with the European Union once the free trade agreement becomes operational. The elimination of duties, ranging from 4.7% to 7.5%, is expected to create a level playing field with competitors. Addressing non-trade barriers, such as extensive product sampling, is crucial for India to achieve market leadership in the EU seafood sector.