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India's Export - Import
#42
<b>Govt. to provide sops to exporters</b>

Feb 16, 2008

Government says, sops will soon be provided to exporters, suffering from hardening of interest rate and appreciation of rupee.

Speaking at FICCI's 80th Annual General Meeting in New Delhi, the Union Commerce and Industry Minister Mr Kamal Nath said, government is conscious of the problems faced by exporters like the high transactional costs. He said, the tax structure will be rationalised to provide a level playing field to the Indian Bussiness.

Mr Kamal Nath favoured more and more trading agreements at the regional and international levels in the next one year to get access to new markets and technology. He said, apart from ASEAN and Japan, India will soon be signing the largest ever Trading Agreement with the European Union.

He said, this is the way through which Indian economy will integrate with the World Financial System and it will also help India to engage regionally.
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