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      Question

      What percentage of Indian exports to the European Union

      will face tariff elimination or reduction under the agreement, as indicated by tariff lines coverage?
      A 90.7% Correct Answer Incorrect Answer
      B 95.0% Correct Answer Incorrect Answer
      C 97.0% Correct Answer Incorrect Answer
      D 99.0% Correct Answer Incorrect Answer
      E 99.5% Correct Answer Incorrect Answer

      Solution

      The agreement provides tariff cuts on 97% of tariff lines covering 99.5% of trade value , meaning that 99.5% of Indian exports to the EU will receive tariff benefits under the FTA.

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