South Korea is looking to extend the extent of FTA by including more items, for example, hardware and some steel items under the settlement
India and South Korea will together survey their Free Trade Agreement (FTA) to support exchange and speculation ties.
"We plan to do a concentrated practice with the goal that it can be deduced in the support of both the nations. It will require many appraisals of the advantages got from both the nations under the current CEPA," Commerce and Industry Minister Nirmala Sitharaman said.
The FTA, formally called the Comprehensive Economic Partnership Agreement (CEPA), had become effective in 2010.
The FTA survey will include, in addition to other things, crisp transactions on end/lessening of obligations on different items.
Indian steel creators need steel items to be barred from the extent of FTA as a surge in less expensive steel imports was harming them.
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