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SINGAPORE and India have signed a protocol to amend the Comprehensive Economic Cooperation Agreement (CECA) to further liberalise tariff concessions for Singapore's exports to India.
The revised tariff concessions will take effect from Jan 15, according a statement released on Friday.
Under the revised agreement, goods such as base metal, machinery and mechanical appliances, chemicals, plastic and rubber articles plus textile and textile articles will enjoy reduced tariffs.
The revised concessions were the result of the first CECA Review, which was concluded on Oct 1 this year.
The review saw an increase in the proportion of Singapore's domestic exports to India which enjoy tariff concessions - from 64 per cent to 82 per cent.
Details on the amendments can be found at Singapore's official FTA website.
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