No Minimum Import Duty Condition on British Alcohol Under India-UK FTA

 India has not included the MIP (minimum import price) provision for British alcoholic beverages in the Free Trade Agreement between the two countries as demanded by domestic liquor manufacturers, said a government official  on Thursday. The domestic industry has consistently sought a level playing field through the inclusion of an MIP, arguing that it would help curb dumping and also under-invoicing by foreign companies.

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