WTO Bali agreement to sharply lower transaction cost: Ficci

Ahead of a meeting that is likely to decide on India’s stand on WTO Bali agreement, industry body Ficci today said the pact will sharply lower transaction cost for exporters, thereby boosting their competitiveness.

“We certainly feel that through this agreement, we will be able to see a significant reduction in the transaction cost involved in trading across borders. This is good for both trade and enterprise in India and we expect the government to take a considered view on signing o ..


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