 "India pact with South Africa")
Contrary to the perception that India has not gained from the free trade pact with South Korea, a government study shows New Delhi’s exports of aluminium and man-made yarn, among other zero-tariff items, has seen a rise since the pact came into being seven years ago.
However, Korea has had a higher competitive advantage compared to India, shows a first-of-its-kind analysis of the Comprehensive Economic and Partnership Agreement (CEPA) between the two nations, which will now form the basis for talks to upgrade the pact.
“Korea has gained a higher relative competitive advantage as compared to India. This is due to India’s
